Property profile

3985 Clare Ave Harrison, MI 48625

OFF-MARKET
Industrial properties
1,020 SF 0.65 ac lot Built 1950
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Restaurant

Location

3985 Clare Ave Harrison, MI 48625
Harrison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3985 Clare Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message