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    685 Port Crescent St Bad Axe, MI 48413

    Sponsored
    For Sale
    $895,000

    Established Restaurant, Prime Location, High Revenue

    Property size:
    4,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turn-key restaurant opportunity presents a rare chance to acquire a well-established business and its accompanying real estate. The Peppermill, a staple in Michigan's Thumb region for over 30 years, boasts a prime location on Bad Axe's main retail corridor (M-53), offering ample street frontage and high visibility. The 4,336 square foot building sits on a 1.02-acre lot, zoned B-2 – General Business District. Recent capital improvements have ensured the property is well-maintained. The sale includes the business and real estate, along with an active Class C Liquor License and Beer & Wine (Off Premises) Retail License. The restaurant is efficiently managed using the latest POS software, facilitating a smooth transition for new ownership. Strong financial records are available for qualified buyers to review, demonstrating the profitability of this established enterprise. This is a unique opportunity to acquire a thriving business with a long history of success in a desirable location. The asking price for this exceptional package is $895,000. Serious inquiries only.

    Property Features for 685 Port Crescent St

    General Information

    Property type
    Restaurants
    Square Feet
    4,336 SF
    Lot Size
    44,431 SF

    HighLights

    • Established Restaurant for Sale with High Visibility on M‑53.
    • Prime location on Bad Axe's main retail thoroughfare.
    • Successful, 30+ year operating history in Michigan's Thumb region.
    • Turnkey opportunity: includes business, real estate, Class C liquor license, and off‑premise beer & wine license.
    • Well‑maintained building with recent capital improvements.
    • Efficient operations supported by modern POS system, facilitating seamless ownership transition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Peppermill Restaurant Family Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bad Axe
    County
    Huron
    State
    Michigan
    Longitude
    -83.0010111
    Latitude
    43.8087327

    Nearby Comparable

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    Nearby Similar for Sale

    • $119,900
      1,521 SF

      Charming Farmhouse in Bad Axe

      Three-bedroom farmhouse with new roof and siding near local amenities.
      320 N Port Crescent St, Bad Axe, MI 48413
      View Details
    • $42,900
      1,250 SF

      941 E Huron Ave, Bad Axe, MI 48413

      MULTI-USE BUILDING FOR SALE
      941 East Huron Ave, Bad Axe, MI 48413
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Prime Location, High Revenue
    Where is this restaurant located?
    The property is located at 685 Port Crescent St Bad Axe, MI.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Established Restaurant for Sale with High Visibility on M-53.; Prime location on Bad Axe's main retail thoroughfare.; Successful, 30+ year operating history in Michigan's Thumb region.
    Request Owner's contact information
    685 Port Crescent St Bad Axe, MI 48413
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    Bad Axe, MI 48413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    685 Port Crescent St Bad Axe, MI 48413
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