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    FOR SALE
    Turn key restaurants

    107 E Jackson Rd, Concord, MI 49237

    1,998 SF 0.39 ac lot
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US43-2541933
    Property summary
    AI-generated overview

    This exceptional 1,800 square foot industrial property, situated on a 0.39-acre lot at 107 E Jackson in Concord, Michigan, presents a unique opportunity for a thriving food and beverage establishment. Boasting a highly desirable location with Kalamazoo River/Millpond frontage, this property benefits from high traffic counts and proximity to Swain's Lake, a nearby golf course, campground, and the Falling Waters Trail, ensuring a steady stream of potential customers. The building itself has undergone recent updates, including newer vinyl siding, providing a modern and attractive exterior. Ample parking is available, accommodating both staff and patrons. The interior offers seating for 60-70 people, with additional outdoor seating options to maximize capacity. The space is well-suited for a variety of dining concepts, from casual eateries to more formal restaurants. The property includes all necessary kitchen equipment, a recently installed 75-gallon commercial water heater, and a newer furnace, minimizing upfront investment costs. Previous success as a BBQ restaurant demonstrates the location's potential for profitability. This turnkey operation is ready for a new owner to capitalize on the existing infrastructure and prime location, making it an ideal opportunity to establish a successful business in the heart of Concord. The property is priced at $189,900.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 1,998 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code HIGHCOM
    APN 001-11-27-151-015-03
    UPID US43-2541933
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Sandra Marsh · 4 yrs held
    Sandra Marsh
    since 2022
    Last sale
    $84,900
    4 recorded transactions
    2022
    2020
    2018
    $84,900
    2013
    $45,000
    Zoning & alternative use
    HIGHCOM · Concord, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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