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    2264 Hbr, Petoskey, MI 49770

    2,000 SF 0.01 ac lot Built 2022
    Property ID
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Investment properties
    Year built 2022
    Total area 2,000 SF
    Lot 0.01 ac (436 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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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