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    685 Port Crescent St Bad Axe, MI 48413

    • Commercial real estate
    • 1.02 lot acres
    For Sale
    View listing
    $895,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-2923217
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Peppermill Restaurant / Family Restaurant / Breakfast Restaurant

    Property Details for 685 Port Crescent St

    Lot size
    1.02 lot acres
    Property type
    Commercial real estate
    APN
    51-624-003-00
    APU
    5162400300

    Description

    This exceptional turn-key restaurant opportunity presents a rare chance to acquire a well-established business and its accompanying real estate. The Peppermill, a staple in Michigan's Thumb region for over 30 years, boasts a prime location on Bad Axe's main retail corridor (M-53), offering ample street frontage and high visibility. The 4,336 square foot building sits on a 1.02-acre lot, zoned B-2 – General Business District. Recent capital improvements have ensured the property is well-maintained. The sale includes the business and real estate, along with an active Class C Liquor License and Beer & Wine (Off Premises) Retail License. The restaurant is efficiently managed using the latest POS software, facilitating a smooth transition for new ownership. Strong financial records are available for qualified buyers to review, demonstrating the profitability of this established enterprise. This is a unique opportunity to acquire a thriving business with a long history of success in a desirable location. The asking price for this exceptional package is $895,000. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bad Axe
    County
    Huron
    State
    Michigan
    Longitude
    -83.0013
    Latitude
    43.8089

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,186
    $0.00
    $0.00
    $162,600
    -
    $0.00
    $0.00
    $325,200

    Comparable in this City

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      160.00 Acres

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      0.12 Acres

      127 Ws St

      COMMERCIAL (GENERAL) • 0.12 Acres
      127 Ws St, Bad Axe, MI 48413-1341
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      0.85 Acres

      976 Van Dyke Rd

      COMMERCIAL (GENERAL) • 0.85 Acres
      976 Van Dyke Rd, Bad Axe, MI 48413-9174
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    • Value Estimation by Request
      0.20 Acres

      976 Van Dyke Rd

      COMMERCIAL (GENERAL) • 0.20 Acres
      976 Van Dyke Rd, Bad Axe, MI 48413-9174
      View Details
    • Value Estimation by Request
      0.46 Acres

      1260 Van Dyke Rd

      COMMERCIAL (GENERAL) • 0.46 Acres
      1260 Van Dyke Rd, Bad Axe, MI 48413-8077
      View Details
    • Value Estimation by Request
      0.83 Acres

      2625 Wadsworth Rd

      COMMERCIAL (GENERAL) • 0.83 Acres
      2625 Wadsworth Rd, Bad Axe, MI 48413-8259
      View Details

    Similar Nearby for Sale

    • $42,900
      1,250 SF

      941 E Huron Ave, Bad Axe, MI 48413

      MULTI-USE BUILDING FOR SALE
      941 East Huron Ave, Bad Axe, MI 48413
      View Details
    • $895,000
      4,336 SF

      The Peppermill Restaurant - Bad Axe

      Established Restaurant, Prime Location, High Revenue
      685 Port Crescent St, Bad Axe, MI 48413
      View Details
    • $119,900
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      Charming Farmhouse in Bad Axe

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    685 Port Crescent St
    Bad Axe, MI 48413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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