You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,400,000
Turn key restaurants

1071 32nd St Allegan, MI 49010-9157

18,018 SF 3.59 ac lot Built 1880
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US43-2085532
Property summary
AI-generated overview

This exceptional 35,880 square foot industrial property in Allegan, Michigan presents a rare investment opportunity. The property encompasses a thriving restaurant, known as "The Grill House," complete with a unique "grill-your-own" concept and a full-service bar called the Rock Bottom Bar. The sale includes the established restaurant business, its accompanying outdoor seating area, and a separate, highly sought-after event venue – the Silo – perfect for weddings and banquets. A fully equipped commercial kitchen and catering operation are also included, ensuring a seamless transition for the new owner. The Grill House boasts a strong reputation, having been featured on prominent travel channels. Beyond the commercial aspects, the property boasts 22.3 acres of picturesque land, providing ample space and a tranquil setting. The grounds include a charming gazebo and a fully stocked pond, adding to the overall appeal and potential for further development or expansion. This turnkey operation offers a diverse revenue stream and significant potential for growth in a desirable location. The property's size and versatile nature make it an ideal investment for entrepreneurs seeking a unique and established business with significant expansion possibilities. The combination of a successful restaurant, a premier event venue, and extensive acreage presents a truly exceptional opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1880
Total area 18,018 SF
Lot 3.59 ac (156,380 SF)
APN 21-004-012-10
UPID US43-2085532
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
  • The Grill House Restaurant
  • The Silo Banquets & Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.40M
Owner & transaction history
Kenneth G Vogt · 3 yrs held
Kenneth G Vogt
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.3M +16.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1071 32nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message