Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
and get 1 Light Report
- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning