3852 6Th St Wyandotte, MI 48192
This exceptional opportunity presents a fully equipped, vacant, 2,000 square foot bar and restaurant located in the historic neighborhood of Wyandotte, Michigan. Situated on a 4,580 square foot corner lot at 3852 6th St, 48192, this single-story building boasts over 100 years of history as a beloved neighborhood establishment. The original mid-19th-century farmhouse structure retains its charm, offering a unique and timeless atmosphere with a Northern Michigan vibe. The property includes all kitchen equipment, a Class C liquor/entertainment food license, a lottery license, 400 amp 3-phase electric service updated in 2020, and a 10-ton Goodman HVAC system. The asking price is $395,000, translating to $197.50 per square foot. This turnkey operation is ready for a new owner to continue its legacy and capitalize on its established reputation. The property is currently vacant, presenting an immediate opportunity for a new business venture. This is a rare chance to acquire a well-established business with significant historical value and a loyal customer base. The property's prime location in a thriving neighborhood ensures high visibility and accessibility. All aspects of the business are included in the sale, allowing for a seamless transition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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