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    OFF-MARKET
    Commercial real estate

    116 Grand Riv Rd, Laingsburg, MI 48848-5104

    0.07 ac lot Built 1880
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2093234
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Laingsburg, Michigan, presents a rare chance to own a thriving business with deep historical roots. Located at 116 E Grand River Rd, this 3,000 square foot establishment boasts a beautifully preserved original wood back bar, visible in historical photographs, showcasing its rich heritage. The well-maintained building features two distinct dining areas, perfect for accommodating diverse customer needs, along with two pool tables and additional counter space, enhancing the overall ambiance and functionality. Ample parking is conveniently located behind the building, ensuring ease of access for patrons. The sale includes all fixtures, furniture, and equipment (FF&E), a valuable Class C liquor license, and the real estate itself, representing a comprehensive and lucrative investment. This single-unit property, built in 1880 and zoned for commercial use, sits on two parcels of land on Grand River Road, offering significant potential for growth as one of the few restaurants in Laingsburg. The asking price is $275,000, translating to $91.67 per square foot. This is a cash sale

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1880
    Lot 0.07 ac (3,049 SF)
    APN 022-40-004-003-00
    UPID US43-2093234
    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
    Current use
    Occupant on record · Public records
    • Twilliger's Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hilo Holdings LLC · 5 yrs held
    Hilo Holdings LLC
    since 2020
    1 recorded transaction
    2020
    $100,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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