10221 Telegraph Rd, Carleton, MI 48117-9322
This thriving 2,500 square foot bar in Carleton, MI, presents a unique investment opportunity. Strategically located on a high-traffic road, this established business benefits from consistent customer flow. The property includes a substantial outdoor deck complete with its own bar, perfect for expanding seating capacity and hosting various events, from al fresco dining to live entertainment. This versatile space significantly enhances the overall customer experience and revenue potential. Inside, the bar features a well-designed layout with ample seating surrounding a large central bar. A key advantage is the inclusion of a valuable, existing liquor license, eliminating a significant hurdle for new ownership and allowing for immediate operation. The sale also includes a convenient storage garage and ample parking for patrons. This turnkey operation is ideal for both experienced bar owners seeking expansion and first-time investors looking for a vibrant, established business with significant growth potential. The 0.57-acre lot provides ample space for future expansion or outdoor improvements. The asking price is $450,000.
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Longbranch Saloon Bar & Pub
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ATM Machine at Longbranch Saloon Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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