69213 M-62 Edwardsburg, MI 49112
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.