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    13984 Straits Hwy, Wolverine, MI 49799

    1,369 SF 4.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Total area 1,369 SF
    Lot 4.38 ac (190,793 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
    Current use
    Occupant on record · Public records
    • 2 Wheel Tavern Bar & Pub Restaurant
    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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