Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    350 M-61, Gladwin, MI 48624

    1,728 SF 1.82 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire the Woodland Diner, a well-established restaurant located at 350 M-61 in Gladwin, Michigan, 48624. This 1,728 square foot, single-story building sits on a 1.82-acre lot zoned Commercial/Industrial. Built in 1970 and renovated in 1986, the property is in immaculate condition, boasting recently upgraded interiors and exteriors. Its prime location near Smallwood Lake, part of the Four Lakes system on the Tittabawassee River, ensures a steady stream of both local and tourist clientele. The Woodland Diner enjoys a strong reputation and positive reviews, reflecting its commitment to quality and service. The sale includes all existing restaurant equipment. Detailed financial information is available upon request with a signed non-disclosure agreement. This is a turnkey operation ideal for an owner-user seeking a profitable investment in a vibrant community. The asking price is $450,000, translating to $260.42 per square foot. This represents a rare opportunity to own a thriving business in a desirable location. Don't miss out on this chance to own a piece of Gladwin's culinary landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1970
    Total area 1,728 SF
    Lot 1.82 ac (79,279 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 350 M-61?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message