741 M35, Gwinn, MI 49841
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.