Property summary
This exceptional business opportunity presents a fully renovated and highly successful sports bar and restaurant located at 108 E State Street in Colon, Michigan. The property encompasses 4,408 square feet on a 0.21-acre lot and is offered at $839,900. Completely reconstructed in 2013, this establishment boasts a loyal customer base and a proven track record of profitability. The sale includes all real estate and equipment, providing a seamless transition for the new owner. A valuable liquor license is also part of the sale, eliminating a significant hurdle for prospective buyers. The current owners have cultivated a thriving atmosphere, regularly hosting popular events such as pool leagues and trivia nights, further enhancing the venue's appeal and revenue streams. This turnkey operation is ready for immediate ownership, offering a rare chance to acquire a well-established and profitable business in a desirable location. The property's prime location and established reputation ensure a strong foundation for continued success. Financial records are available upon request to qualified buyers. Showings require prior arrangement.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Restaurant
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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