2264 Hbr, Petoskey, MI 49770
This exceptional turnkey restaurant opportunity in Petoskey, Michigan, is priced to sell at $50,000. Located within a bustling shopping center on a high-traffic road, this 2,000 square foot establishment offers immediate operational potential. The sale includes all necessary equipment and furnishings to begin serving immediately, eliminating the need for extensive start-up costs. Authentic recipes and existing dГ©cor are part of the sale, providing a seamless transition for a new owner. The business is ready to open its doors, offering a significant advantage over starting from scratch. This is an ideal opportunity for an aspiring restaurateur or food truck owner seeking a brick-and-mortar location. The property sits on a 0.01-acre lot, providing ample space for the restaurant's operations. Note that this sale is for the business only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.