112 N State St Freeport, MI 49325
Property profile & analytics
112 N State St Freeport, MI 49325
- Turn key restaurants
- 1,939 SF
- 0.20 lot acres
Property ID
US43-4462537
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.
Location Intelligence
Current Use by Public Records
- Smelk's Diner / Restaurant
Property Details for 112 N State St
- Lot size
- 0.20 lot acres
- Property size
- 1,939 SF
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- 08-43-350-011-00
- APU
- 84335001100
Description
This exceptional 3,878 square foot industrial property located at 112 N State Street in the heart of Freeport, MI, presents a unique investment opportunity. Currently operating as a successful diner, Smelk's, this established business boasts seating for 54 patrons, featuring a comfortable atmosphere and a unique counter design that fosters interaction between diners and staff. The property includes a well-decorated dining area, a separate, well-equipped food preparation area, and ample storage space. Additional storage is available in the basement, along with a dedicated office. The sale includes most of the existing restaurant equipment (a detailed list is available upon request). Situated on a 0.3-acre lot, this property offers significant potential for continued success as a restaurant or for adaptation to other commercial uses. Its prime downtown location ensures high visibility and accessibility. The asking price for this turnkey operation is $240,000. This is a rare chance to acquire an established business with significant assets and strong potential for growth in a desirable location. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Barry
- State
- Michigan
- Longitude
- -85.3168
- Latitude
- 42.7662
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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
2023
$4,877
$0.00
$0.00
$59,500
-
$0.00
$0.00
$119,000
