13982 Red Arrow Hwy, Harbert, MI 49115
This exceptional turn-key restaurant opportunity in desirable Harbor Country, Michigan, presents a unique blend of established business and significant real estate potential. The 4,496 square foot building, recently updated and meticulously maintained, sits on a 1.5-acre lot boasting 320 feet of frontage on Red Arrow Highway, the area's main thoroughfare. Currently operating as Capozio's Restaurant, a well-regarded Italian eatery, the property includes a spacious sports bar/dining area with seating for 70, and a separate event room accommodating 50 guests. Ample paved parking is available, along with extensive space for outdoor dining and events on the open grounds. The property's strategic location and established clientele provide a strong foundation for continued success. The sale includes three parcels: two commercially zoned and one residentially zoned. A newly paved bike and walking path enhances the property's visibility and appeal. The seller is open to negotiating a sale of the real estate only, without the existing restaurant equipment and liquor license, offering flexibility for prospective buyers.
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Capozio's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.