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228 N Jefferson St Hastings, MI 49058

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For Sale
$399,000

Cafe Style Restaurant For Sale in Barry County, MI

Property size:
2,066 SF
Lot size:
0.20 Acres
Added:
Aug 21, 2025
Days on Market:
230
Last Refresh:
Mar 16 at 9:06 am

Property Features for 228 N Jefferson St

General Information

Standard status
Active
Property type
Breakfast & diners, Conventional restaurants, Restaurants
Size
2,066 SF
Class
A
Total Parking Spaces
25
Elevators
No
Lot size
0.20 Acres
Occupancy
100%
Investment Type
Owner User

Building Details

Year Built
1963
Year Renovated
2023
Buildings
1
Stories
1
Units
1

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Listing Contact
David Elwood
David Elwood

Listing agent David

Listing office

Listing date Aug 21, 2025


Overview

Established Restaurant with Real Estate

A well-established cafe-style restaurant specializing in breakfast, brunch, and lunch is available for purchase in Barry County, Michigan. The offering includes both the business and the commercial real estate. The restaurant has become a local favorite known for its inviting atmosphere and consistent performance. The sale includes ownership of the building, providing stability and long-term equity. The property is situated on a 0.2-acre lot. The restaurant's success is reflected in the offering price, which is approximately 45% of its total value when compared with standard restaurant valuation methods. The purchase price is roughly 1.3 times the annual owner cash flow (SDE) or 1.9 times the operating earnings (EBITA). This turnkey, community-loved restaurant is suitable for an entrepreneur looking to step into restaurant ownership with a strong cash-flowing business already in place, a culinary couple or family team eager to run their own breakfast-and-lunch destination, or an experienced operator ready to expand into a proven location with the advantage of owning the real estate. The restaurant is perfect for someone who wants to own a restaurant but without the dawn til after dusk hours as it is focused on Breakfast and Lunch. The property size is 2066 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Comstock park Park Hastings Riverwalk Cafe Restaurant Motorcanvas works at Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

  • Phil's Galley 139 E Court St, Hastings, MI 49058
  • Richie's Koffee Shop 146 W State St, Hastings, MI 49058
  • Hastings Riverwalk Cafe 228 N Jefferson St, Hastings, MI 49058

Location Insight

  • Map
  • Local Demand
City
Hastings
County
Barry
State
Michigan
Longitude
-85.288018
Latitude
42.650411

FAQs

What type of property is this?
Breakfast & diner - Cafe Style Restaurant For Sale in Barry County, MI
Where is this breakfast & diner located?
The property is located at 228 N Jefferson St Hastings, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Well known established restaurant.; Financials support suggested price 55% Higher than offered.; Includes real estate
More about this property
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