108 State St, Colon, MI 49040-9362
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.
-
Deborah J Davis PLLC Law Firm
-
Tomlinson David C Law Firm
-
Curlys Inc Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.