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    OFF-MARKET
    Retail properties & Spaces

    2180 Anderson Rd, Petoskey, MI 49770

    6,200 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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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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