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Property profile & analytics

1070 Big Lake Rd Gaylord, MI 49735

  • Commercial real estate
  • 1.00 lot acres
For Sale
Last Sale
Sep 06, 2023
$364,900
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-2841184
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Escape the Cabin / Arcade & Gaming Center
  • Tip Top / Bar & Pub

Property Details for 1070 Big Lake Rd

Lot size
1.00 lot acres
Property type
Commercial real estate
APN
031-007-100-010-00
APU
3100710001000

Description

This exceptional business opportunity in Gaylord, Michigan, presents a turnkey operation with immediate cash flow. Located at 1070 Big Lake Road, just off M-32 and minutes from Big Lake, this property offers a substantial 3,873 square foot restaurant and bar currently operating under lease. The spacious layout includes ample seating for patrons, a fully equipped commercial kitchen ready for immediate use, a well-appointed bar area, and a large, 600+ square foot basement providing additional storage or expansion potential. The property sits on a one-acre lot, offering ample parking and visibility from the road. The existing lease ensures a steady income stream from day one, making this an attractive investment for those seeking a proven, profitable business. The prime location in East Gaylord, near Big Lake, provides excellent access to both local residents and tourists. This versatile property is suitable for a variety of uses, from continuing the current restaurant and bar operation to exploring other retail or hospitality ventures. The substantial size and existing infrastructure make this a rare opportunity in the Gaylord market. The asking price is $270,000. This is a chance to acquire a well-established business with significant growth potential. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Gaylord
County
Otsego
State
Michigan
Longitude
-84.588
Latitude
45.015

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,273
$0.00
$0.00
$70,600
-
$0.00
$0.00
$141,200
More about this property
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