Property summary
This exceptional LeRoy, MI property offers a unique investment opportunity. The 4,500 square foot building boasts a custom-designed restaurant complete with state-of-the-art stainless steel equipment, ensuring both efficiency and a stylish culinary experience. The expansive banquet hall is perfect for hosting large-scale events such as weddings, corporate functions, and other celebrations, offering significant revenue potential. Adding to the property's versatility, charming apartments are located upstairs, providing comfortable staff housing or the possibility of generating additional rental income. Situated on a 0.2-acre lot at 104 E Main, LeRoy, MI, this turnkey operation is ready for a new owner to step in and capitalize on its established success. The property's blend of high-end restaurant facilities and income-generating apartments makes it an attractive proposition for discerning investors seeking a profitable and well-established business. The asking price is $299,000. This is a rare opportunity to acquire a fully equipped and operational restaurant with significant upside potential, offering a unique combination of commercial and residential income streams. The property's prime location in LeRoy, MI, ensures high visibility and accessibility for customers. Don't miss this chance to own a thriving business with significant growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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