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Property profile & analytics
OFF-MARKET
Investment properties

161 Pine Ct Greenville, MI 48838

15,000 SF 1.63 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire a well-established restaurant and bar situated on a private all-sports lake in Montcalm County, Michigan. The property boasts a substantial 15,000 square foot building situated on a 1.63-acre lot, offering breathtaking lake views. A large deck, capable of seating approximately 150 guests, provides ample outdoor dining space. This turnkey operation includes all furniture, fixtures, and equipment, along with the valuable intangible assets of goodwill and trade secrets, including proprietary recipes. The sale also includes the existing liquor license, ensuring a seamless transition for the new owner. Beyond the main dining area, a dedicated private event space adds another significant revenue stream. This versatile space has successfully hosted a variety of events, including graduations, birthdays, wakes, and corporate functions, demonstrating its adaptability and market appeal. The business model offers multiple income streams, providing a strong foundation for continued success and growth. A non-disclosure agreement is required to obtain the business name and further details. This is a rare opportunity to own a thriving lakeside establishment with significant potential. The asking price is $1,800,000.

Property profile
Verified
Property type Investment properties
Year built 1978
Total area 15,000 SF
Lot 1.63 ac (71,003 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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