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10235 Front St Empire, MI 49630

  • Land
  • 8,247 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 10235 Front St

Property size
8,247 SF
Property type
Land
Property subtype
Hospitality properties

Description

This exceptional investment opportunity encompasses two thriving, full-service restaurants in the charming beach town of Empire, Michigan. Located on the southeast corner of Front and Lake Streets, this property includes the well-established Joe's Friendly Tavern and the Empire Village Inn. Both restaurants boast a rich history and loyal clientele, comprised of both local residents and seasonal visitors to this beautiful area within the Sleeping Bear Dunes National Lakeshore. The Friendly Tavern offers 100 indoor seats and a recently added 90-seat patio, while the Village Inn features 90 indoor seats with additional outdoor seating. The sale includes all business assets, Class C & SDM liquor licenses, and the real estate itself. The combined properties total 8,247 square feet and are situated in a high-traffic area that sees over a million visitors annually. This presents a unique chance to acquire a profitable, turnkey operation with significant growth potential in a highly desirable location. The asking price for this exceptional package is $2,995,000. The property is located at 10235 W Front Street, Empire, MI 49630. This is a rare opportunity to own and operate two successful restaurants in a prime location within Leelanau County. The strong, consistent revenue and cash flow generated by these established businesses, combined with the high volume of tourism, make this a compelling investment. The existing infrastructure and loyal customer base provide a solid foundation for continued success and potential expansion.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Empire
County
Leelanau
State
Michigan
Longitude
-86.0631
Latitude
44.8109
More about this property
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