13984 Straits Hwy, Wolverine, MI 49799
This exceptional business opportunity in Wolverine, Michigan, presents a turnkey restaurant and tavern on a spacious 4.38-acre lot. The 1,369 square foot building boasts a recently remodeled interior, complete with all operating equipment. A valid liquor license is included, allowing immediate operation. The property's significant outdoor space features a large tent equipped with pool tables and additional seating, creating ample room for expansion or special events. The existing stage and outdoor entertainment area provide potential for hosting live music and other events. The property's location makes it an attractive destination for travelers and locals seeking dining and entertainment. The current setup is ideal for a restaurant and bar, but the size and amenities offer significant potential for expansion into a larger venue. All equipment is included in the sale price of $499,000. This is a rare opportunity to acquire an established, profitable business with significant growth potential in a desirable Northern Michigan location. The property's size and existing infrastructure offer a unique blend of established business and expansion possibilities. The combination of indoor and outdoor space provides flexibility for various business models and event hosting. This is a ready-to-go business, perfect for an owner-operator looking to step into a thriving establishment.
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2 Wheel Tavern Bar & Pub Restaurant
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
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.