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    OFF-MARKET
    Industrial properties

    12201 Albee Rd, Burt, MI 48417

    9,999 SF 5.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity presents a thriving bar and restaurant located at 12201 Albee in Burt, Michigan. The expansive 9,999 square foot building sits on a generous 5.38-acre lot and is fully operational, ready for immediate ownership. The property boasts a large banquet room, a fully equipped commercial kitchen, and ample space for various events and entertainment, including areas for cornhole, darts, and pool leagues. A Class C Liquor License is included, ensuring a seamless transition for the new owner. Significant recent upgrades enhance the property's value and operational efficiency. These improvements include a resealed and restriped parking lot (2023), a new hot water heater (2024), a recently installed bar air conditioning unit (2024), a walk-in cooler (2022), a walk-in freezer (2020), a two-door pizza prep station (2021), a two-door sandwich prep station (2024), an 18-inch char grill (2023), a Berg three-tap keg cooler (2022), a pull-tab machine (2019), and a cheese warmer dispenser (2023). Further enhancing the property's curb appeal, a new entry structure with exterior siding and metal accents has been added. Priced at $775,000, this is a rare opportunity to acquire an established and profitable business with significant recent investments.

    Property profile
    Verified
    Property type Industrial properties
    Total area 9,999 SF
    Lot 5.38 ac (234,353 SF)
    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
    Current use
    Occupant on record · Public records
    • Backwoods Bar & Grill of Burt Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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