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    OFF-MARKET
    Industrial properties

    6141 County Rd, Gladstone, MI 49837

    3,200 SF 1.63 ac lot Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,200 square foot commercial building sits on a desirable 1.63-acre lot in Gladstone, MI, at 6141 County Road 420. Previously a restaurant and bar, the property boasts a recently updated, high-end commercial kitchen complete with a walk-in cooler and ample storage. The bar area is also updated and includes well-maintained tables, chairs, and bar stools. Two public restrooms and a private bath with shower are conveniently located within the building. An attractive feature is the outdoor patio, perfect for seasonal use and directly accessible from the interior. Extensive paved parking accommodates numerous vehicles, with an additional gravel lot providing overflow capacity for larger events. The versatile layout presents numerous possibilities beyond restaurant use, including an event center, daycare facility, or professional office complex. The seller is open to removing kitchen and bar equipment and furnishings to potentially adjust the purchase price if the buyer intends to use the space for a non-restaurant purpose. This property offers a unique opportunity for a discerning buyer with a vision. The building's prime location and extensive amenities make it an ideal investment.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2001
    Total area 3,200 SF
    Lot 1.63 ac (71,003 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
    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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