Property profile

741 M35 Gwinn, MI 49841

OFF-MARKET
Investment properties
1,941 SF 2.93 ac lot Built 1960
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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

Location

741 M35 Gwinn, MI 49841
Gwinn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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