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Property profile & analytics
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sandra Marsh · 4 yrs held
Sandra Marsh
since 2022
Last sale
$84,900
4 recorded transactions
2022
Price N/A
2020
Price N/A
2018
$84,900
2013
$45,000
Zoning & alternative use
HIGHCOM · Concord, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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