350 M-61 Gladwin, MI 48624
- Commercial real estate
- 1,728 SF
- 1.82 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 350 M-61
- Year built
- 1970
- Lot size
- 1.82 lot acres
- Property size
- 1,728 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gladwin
- County
- Gladwin
- State
- Michigan
- Longitude
- -84.3543
- Latitude
- 43.9789
