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Property profile & analytics
OFF-MARKET
Commercial real estate

American grill Well-Appointed Howell, MI 48843

3,500 SF
Property ID
Property summary
AI-generated overview

This thriving American grill restaurant in Howell, Michigan presents a fantastic investment opportunity. Located on a major road in the heart of Howell, this 3,500 square foot establishment boasts consistent monthly sales exceeding $60,000, even without dedicated management. The current owner is seeking a new operator due to commitments to other ventures. The business includes a full-size bar and valuable liquor licenses: a Resort C 550 license (estimated $120,000 value) and a beer & wine carry-out license (SDM). The attractive space features a beautiful outdoor patio with seating and a 97-seat interior dining area. The lease terms are not specified, and financing is cash only. This turnkey operation offers significant potential for increased profitability with effective management. The asking price is $350,000. Located in Livingston County, Michigan, zip code 48843. This is a rare chance to acquire a well-established, high-performing restaurant in a prime location.

Property profile
Verified
Property type Commercial real estate
Total area 3,500 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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