201-203 Central Ave, Mackinaw City, MI 49701
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.
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.