5790 Us-31 Grawn, MI 49637
This thriving restaurant, located at 5790 US-31 S in Grawn, MI, is offered at $749,000. Boasting 2,760 square feet on a 1.52-acre lot, this established eatery has been a community favorite since 1996, known for its delicious food and welcoming atmosphere. The property includes all furniture, fixtures, and equipment, along with a food license, liquor license, and beer and wine license. The building, constructed in 1987, is zoned commercial and benefits from high visibility on US-31, with over 22,000 cars passing daily. The restaurant's menu features a diverse range of options, including breakfast, lunch, and dinner, with popular themed months (Greek, Polish, Italian) and special events throughout the year (e.g., Octoberfest, Veterans Appreciation Day). This turnkey operation presents a fantastic opportunity for a new owner to continue the legacy of this successful business and capitalize on its established customer base and prime location. The property's APN is 28-02-007-020-20. Expansion potential exists within the existing footprint. A virtual tour is available.
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
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Property description
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No recorded transactions found for this property.
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Risks
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