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    13581 Red Arrow Hwy, Harbert, MI 49115

    0.58 ac lot Built 1900
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    AI-generated overview

    Cafe Gulistan, located at 13581 Red Arrow in Harbert, Michigan, presents a unique opportunity to acquire a well-established and profitable restaurant. This turnkey business, operating since 1992, boasts a loyal customer base extending from South Bend to Chicago, renowned for its authentic Turkish Kurd cuisine. The comfortable atmosphere features both indoor and outdoor seating, accommodating 150-200 patrons during peak hours. Currently operating four days a week during the peak season (4 PM - 9 PM), the restaurant maintains strong off-season sales through on-premise service and takeout, testament to the exceptional quality of its food. The property sits on a 0.58-acre lot. While the restaurant ceased active advertising in 2000, its reputation continues to draw significant crowds. The current owner, who has operated the business for 30 years, is offering comprehensive training, sharing their treasured Kurdish recipes to ensure a seamless transition for the new owner. Significant growth potential exists through expanding operating hours beyond four days a week and introducing a breakfast menu. This is a rare opportunity to acquire a thriving, established restaurant with a proven track record and immense potential for future expansion. A Matterport tour and visual floor plan are available for detailed review. The asking price is $845,000.

    Property profile
    Verified
    Property type Investment properties
    Year built 1900
    Lot 0.58 ac (25,265 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
    • Cafe Gulistan 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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