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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

69213 M-62 Edwardsburg, MI 49112

2,484 SF 0.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents a well-established and maintained restaurant and bar in Edwardsburg, Michigan, listed at $650,000. The 2,484 square foot property sits on a 0.45-acre lot with 240 feet of frontage on M-62. The sale includes a transferable Class C liquor license. The restaurant boasts seating for approximately 90 patrons and a fully equipped commercial kitchen featuring multiple refrigerators, freezers, fryers, and griddles, along with an Ansul system. City water and sewer are connected. All furniture, fixtures, equipment, lotto machines, and an ATM are included in the sale. A security system is also in place. Inventory is available at cost. Two additional income-producing properties are included on a second parcel. The property benefits from a convenient location near South Bend, Notre Dame, Granger, and Elkhart. Heating is provided by forced-air natural gas, and cooling is via window units and central air. Public water and sewer utilities are connected, and natural gas is available.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,484 SF
Lot 0.45 ac (19,602 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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