112 N State St Freeport, MI 49325
- Turn key restaurants
- 1,939 SF
- 0.20 lot acres
Current Use by Public Records
- Smelk's Diner / Diner / Breakfast 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
