161 Pine Ct Greenville, MI 48838
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.
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
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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.