Property summary
This exceptional 1,728 square foot industrial property, situated on a 1.82-acre lot at 350 E M-61 in Gladwin, Michigan, presents a unique investment opportunity. Currently operating as a thriving restaurant, this establishment enjoys a highly desirable location, just a short distance from Smallwood Lake, part of the renowned Four Lakes system on the Tittabawassee River. The restaurant's prime position ensures a consistent flow of both local and tourist clientele throughout the year, contributing to its established reputation and strong financial performance. The property boasts a recently upgraded interior and exterior, maintaining an immaculate and welcoming atmosphere for patrons. The sale includes all existing restaurant equipment, ensuring a seamless transition for the new owner. Detailed financial statements are available upon request with the execution of a non-disclosure agreement, providing potential buyers with comprehensive insights into the business's profitability and operational efficiency. This turnkey operation offers a rare blend of established success, prime location, and significant growth potential. The combination of a busy restaurant and the attractive lakefront proximity makes this a truly exceptional investment opportunity in the vibrant Gladwin community.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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