Property profile

W2961 M-69 Perronville, MI 49873

OFF-MARKET
Investment properties
3,300 SF 4.08 ac lot Built 1981
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Property summary

AI-generated overview

This established Perronville bar/restaurant, known as the LaBranche Tavern, presents a turnkey business opportunity. The spacious 3,300 square foot building boasts a stage for live bands, separate men's and women's restrooms, a fully equipped kitchen, walk-in cooler, and ample seating for approximately 90 patrons (15 square tables, 68 dining chairs, 2 high-top tables, and a 25-seat bar). Kitchen equipment includes a 36" Char-broiler, two dual-pot deep fryers, an 1800 broaster, a flat-top stove, two two-rack stone pizza ovens, two microwaves, stainless steel prep tables, a meat slicer, a residential refrigerator, and multiple freezers. A pellet stove provides efficient heating, supplemented by an 8x12 shed with reinforced flooring for pellet storage. A new exhaust system was installed in November 2023. The property also features a large fenced outdoor area perfect for events like pig roasts and live music. Its location across from the Felch Grade trail provides convenient access for ORV riders and snowmobilers. The business includes a C liquor license, dance and entertainment permits, outdoor service permits, Sunday sales permits (9 am-12 pm), a specific purpose food permit, packaged wine and beer sales permits, a lottery license, and a fuel license. A large 500-gallon above-ground fuel tank is also on the property. This is a unique opportunity with no nearby competition. The 4.08-acre lot offers significant potential.

Property profile

Verified
Property type Investment properties
Year built 1981
Total area 3,300 SF
Lot 4.08 ac (177,725 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

W2961 M-69 Perronville, MI 49873
Perronville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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