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Property profile

5790 Us-31 Grawn, MI 49637

OFF-MARKET
Retail properties & Spaces
2,760 SF 1.52 ac lot Built 1987
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 2,760 SF
Lot 1.52 ac (66,211 SF)

Cap rate & NOI

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

Location

5790 Us-31 Grawn, MI 49637
Grawn 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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