Property profile

741 M35 Gwinn, MI 49841

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional opportunity allows you to own a profitable, established restaurant in Gwinn, Michigan. Located at 741 M35, this special purpose commercial property is priced at $180,000. The property includes a fully equipped commercial kitchen with a basement, dining area with high-top and standard tables and chairs, and two updated bathrooms. The kitchen boasts four freezers, a walk-in cooler, and a cooktop. All necessary licenses are included, along with the well-known Rodney's recipes, providing a seamless transition for the new owner. The concrete exterior received a fresh coat of paint in September 2024. The current owners are retiring, presenting a unique chance to acquire a business with an excellent reputation and immediate income potential. This turnkey operation is ready for a new owner to step in and continue its success. The property is situated in Marquette County, MI, zip code 49841, and offers a fantastic opportunity for an entrepreneur looking to own their own business. This is a land sale with existing improvements. No units are included in this sale.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

741 M35 Gwinn, MI 49841
Gwinn 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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