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Property profile & analytics
OFF-MARKET Estimated value $135,000
Bars & Pubs

10221 Telegraph Rd Carleton, MI 48117-9322

2,100 SF 0.57 ac lot Built 1972
Entity Owned Free & Clear
Property ID
US43-1520036
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1972
Total area 2,100 SF
Lot 0.57 ac (24,786 SF)
APN 01-027-026-10
UPID US43-1520036
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
Current use
Occupant on record · Public records
  • Longbranch Saloon Bar & Pub
  • ATM Machine at Longbranch Saloon Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k
Owner & transaction history
Vie Aire LLC
Vie Aire LLC
since 2025
Last sale
$170,000
5 recorded transactions
2025
$170,000
2017
$100,000
2017
Price N/A
2017
$70,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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