Property profile

2180 Anderson Rd Petoskey, MI 49770

OFF-MARKET
Retail properties & Spaces
6,200 SF
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Property summary

AI-generated overview

This exceptional 6,200-square-foot retail space, located at 2180 Anderson Avenue in Emmet County, presents a unique opportunity for a restaurant or bar operator. Previously occupied by a Buffalo Wild Wings, this single-tenant property is completely vacant and ready for immediate occupancy. The building boasts a thoughtfully designed layout, including two bar areas, a dedicated server station, and a spacious patio. Separate dining and bar seating areas provide flexibility for various concepts. The property features built-in audio-visual equipment, including numerous flat-screen TVs, enhancing the ambiance. A substantial kitchen is fully equipped with two walk-in freezers, two chillers, ample rangetop grills and fryers, and a large kegerator connected to the bar's tap system. A separate carry-out and delivery station is also included, catering to diverse operational needs. The property is zoned commercial and sits on a single story building with an APN of 01-19-18-100-056. Leasing options are available, starting at $16 per square foot, with pricing dependent on lease terms. This turnkey operation is ideal for established restaurant groups or innovative new concepts seeking a move-in ready location. The property's size and existing infrastructure offer significant advantages for a seamless transition and immediate business commencement.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2180 Anderson Rd Petoskey, MI 49770
Petoskey metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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