69213 M-62 Edwardsburg, MI 49112
This exceptional business opportunity presents a well-established and maintained restaurant and bar in Edwardsburg, Michigan, ideally situated on 0.87 acres with 240 feet of frontage on M-62. The property boasts a Class C liquor license (transferable to the new owner), seating for approximately 90 patrons, and a fully equipped commercial kitchen. Included in the sale are all necessary appliances, such as multiple refrigerators, freezers, fryers, and griddles, along with an Ansul fire suppression system. The building is connected to city water and sewer. The sale also encompasses all furniture, fixtures, and equipment, including lotto machines and an ATM, as well as a comprehensive security system. Inventory is available for purchase at cost. Adding significant value, two additional income-generating properties are included on a separate parcel, enhancing the overall investment potential. This turnkey operation enjoys a prime location, offering convenient access to South Bend, Notre Dame, Granger, and Elkhart, ensuring a strong customer base and diverse revenue streams. The total building size is 2,484 square feet. The asking price is $650,000.
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.