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    OFF-MARKET
    Industrial properties

    3985 Clare Ave, Harrison, MI 48625

    1,020 SF 0.65 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This unique Harrison, MI property offers a compelling investment opportunity combining a well-established restaurant and a comfortable residential home. The 1,020 square foot restaurant, Pudgy's Diner, is being offered fully equipped, ready for a new owner to revitalize its operations. The diner boasts a rich history and is situated on a 0.65-acre lot. Adjacent to the restaurant is a 1,344 square foot manufactured home featuring three bedrooms and two full bathrooms. This provides convenient living quarters, ideal for an owner-operator or on-site management. The home includes a stovetop, washer, and dryer (dryer may need a heating element). Both the home and restaurant share a well, but each has its own separate septic system. This combined property presents a rare chance to acquire a turnkey business and residential space in a convenient location. The property's size and existing infrastructure offer significant potential for growth and adaptation. The asking price is $110,000. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1950
    Total area 1,020 SF
    Lot 0.65 ac (28,314 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
    Current use
    Occupant on record · Public records
    • Pudgy's Diner Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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