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    Specialty properties

    201-203 Central Ave, Mackinaw City, MI 49701

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    This exceptional commercial property, located at 201-203 E. Central Ave. in Mackinaw City, Michigan, 49701, presents a unique investment opportunity. Priced at $975,000, this special purpose property encompasses land and an established business: the Dairy Queen Grill & Chill. The property is categorized as commercial land with zero units. The current owner, having operated the business successfully for 36 years, is seeking a new owner to continue its legacy of serving the Mackinaw City community. This turnkey operation offers a chance to acquire an established business with a proven track record in a high-traffic tourist destination. The property's location on E. Central Ave. ensures high visibility and accessibility. The sale includes the established Dairy Queen franchise, providing immediate revenue potential for the new owner. This is an excellent opportunity for an entrepreneur seeking a profitable and well-established business in a desirable location. Detailed financial information is available upon request. This is a rare chance to own a piece of Mackinaw City's commercial landscape and continue a long-standing tradition of serving delicious treats. Serious inquiries only.

    Property profile
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    Property type Specialty properties
    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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