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    OFF-MARKET
    Retail properties & Spaces

    6444 Main St, Cass City, MI 48726

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    Property summary
    AI-generated overview

    This exceptional business opportunity presents a thriving bar and restaurant located at 6444 Main St, Cass City, MI 48726. Priced at $599,900, this established establishment boasts a long history in the community and offers immediate income potential. The property features two units within a single, two-story building, providing ample space for both customer seating and additional revenue streams. With a capacity to comfortably seat over 100 patrons, the layout includes a main bar area, dining tables, a dedicated stage equipped with DJ equipment, a dance floor perfect for entertainment, and a private backroom ideal for special events or private parties. Adding to the property's versatility is a spacious outdoor patio, perfect for warmer months. Further enhancing the investment potential is a two-bedroom apartment located on the second floor, offering additional rental income opportunities. The property includes a Class C Liquor license, subject to transfer upon sale. All offers are contingent upon the successful transfer of the liquor license. This turnkey operation is ready for a new owner to step in and continue its success. The property's prime location in Cass City, within Tuscola County, ensures high visibility and accessibility. This is a rare opportunity to own a well-established and profitable business in a desirable location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    Current use
    Occupant on record · Public records
    • Gilligan's Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
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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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