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    FOR SALE
    Bars & Pubs

    110 Macomb Pl, Mount Clemens, MI 48043

    3,126 SF 0.07 ac lot
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US43-1737421
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity presents a fully renovated and thriving bar and restaurant located in the heart of downtown Mount Clemens, Michigan. The property encompasses a substantial 9,209 square feet, spread across two buildings and two stories, and includes a newly remodeled restaurant, hall, and outdoor patio area. The sale includes the real estate, established business, all furniture and equipment, and a valuable Class "C" liquor license with entertainment permit. Its prime location near the Court and County buildings ensures high foot traffic and visibility. The property also boasts ample private parking and adds to its profitability with two income-generating apartments situated on the second floor. Completed between 2023 and 2024, the extensive renovations ensure a modern and appealing space for patrons. This is a rare chance to acquire a well-established, high-performing business with significant growth potential in a desirable location. The asking price is $1,590,000. The address is 110 Macomb Place, Mount Clemens, MI 48043.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Total area 3,126 SF
    Lot 0.07 ac (2,962 SF)
    Zoning code CB
    APN 05-11-11-458-024
    UPID US43-1737421
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Boone Enterprises LLC · 10 yrs held
    Boone Enterprises LLC
    since 2015
    4 recorded transactions
    2017
    2015
    $475,000
    2004
    $1.2M
    2004
    $425,000
    Zoning & alternative use
    CB · Mount Clemens, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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