Property profile

6141 County Rd Gladstone, MI 49837

OFF-MARKET
Industrial properties
3,200 SF 1.63 ac lot Built 2001
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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

Location

6141 County Rd Gladstone, MI 49837
Gladstone metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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