6141 County Rd, Gladstone, MI 49837
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.
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.