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    741 M35, Gwinn, MI 49841

    1,941 SF 2.93 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional business opportunity in Gwinn, MI, presents a chance to own a thriving, family-owned restaurant. The 1,941 square foot building sits on a spacious 2.93-acre lot and boasts a recently updated interior. The commercial kitchen, complete with a basement, is fully equipped with four freezers, a walk-in cooler, and a cooktop. The dining area features a mix of high-top and standard tables and chairs. Both bathrooms have been recently renovated. The building also benefits from a newer furnace. All necessary licenses are included in the sale, along with the well-known Rodney's recipes, providing a seamless transition for the new owner. The concrete exterior received a fresh coat of paint in September 2024. This turnkey operation offers a profitable business with an established reputation, making it an ideal acquisition for an aspiring entrepreneur. The sellers are retiring, creating this unique opportunity to step into a ready-made success. This is a rare chance to acquire a well-maintained, profitable restaurant with all the necessary equipment and recipes already in place. The ample lot size offers potential for future expansion or outdoor seating.

    Property profile
    Verified
    Property type Investment properties
    Year built 1960
    Total area 1,941 SF
    Lot 2.93 ac (127,631 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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