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Property profile & analytics
OFF-MARKET
Bars & Pubs

410 Clippert St Lansing, MI 48912-4607

11,976 SF 0.57 ac lot Built 1980
Entity Owned ~ Est. High Equity
Property ID
US43-1686759
Property summary
AI-generated overview

This exceptional 11,976-square-foot free-standing restaurant building, located at 410 S Clippert St in Lansing, Michigan (48912), presents a unique investment opportunity. Situated near Michigan State University's campus and conveniently accessible via US-127/I-496, this property boasts a prime location. Built in 1980 and extensively renovated in 2020, the single-story building sits on a 1.7-acre lot. The interior features a beautifully renovated space with a versatile layout including booths, tables, bar seating, and a lounge area. A sunken dance floor offers flexible use, potentially converting to additional seating. The property also includes a rear enclosed patio with an outdoor bar, perfect for expanding the seating capacity. The expansive kitchen is equipped with multiple prep areas, a large hood system, a dishwashing station, and a substantial walk-in cooler. The property's total capacity is 600, and all furniture, fixtures, and equipment (FF&E) are included in the sale. A liquor license is available for an additional $59,000. This NNN-leased, vacant property is priced at $1,095,000 ($91.43 per square foot) and represents a significant opportunity for a discerning investor. Its proximity to MSU and the new Red Cedar Development makes it an ideal location for a thriving business. The property offers ample seating, a private party area, and convenient highway access.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1980
Total area 11,976 SF
Lot 0.57 ac (24,699 SF)
Zoning code F COMME
APN 33-21-01-14-453-014
UPID US43-1686759
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Junction Hotel & Motel Resort
  • The Junction Entertainment Theater & Performing Art Venue Music Venue
  • Green Dot Stables Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Svc Enterrises II LLC
Svc Enterrises II LLC
since 2025
7 recorded transactions
2025
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
F COMME · Lansing, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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