Property profile

116 Main St Middleville, MI 49333

OFF-MARKET
Turn key restaurants
Property ID
US43-4457698
2,380 SF 0.11 ac lot Built 1987
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

Champs Bar and Grill, a well-established restaurant and bar serving the Greater Grand Rapids area for decades, presents a unique investment opportunity. Located in the heart of Middleville, this thriving business boasts a loyal customer base and consistent revenue stream. The property includes a substantial 4,788 square foot building situated on a 0.11-acre lot, offering ample parking for patrons. The building itself is in excellent condition, meticulously maintained and regularly serviced, ensuring a smooth transition for the new owner. The sale includes all existing furniture, equipment, and a valuable liquor license, making this a truly turnkey operation. The property features both upper and lower level outdoor seating areas, expanding capacity and enhancing the customer experience. This is a rare chance to acquire a profitable, established business with significant potential for continued growth in a desirable location. The asking price is $695,000. This represents a compelling investment in a well-regarded and successful business. Serious inquiries only.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1987
Total area 2,380 SF
Lot 0.11 ac (4,661 SF)
APN 08-41-013-008-00
UPID US43-4457698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

116 Main St Middleville, MI 49333-9132
Middleville metro Census 10301 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k

Owner & transaction history

since 2025
Last sale
$585,000
5 recorded transactions
2025
$585,000
2017
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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