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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    116 Main St, Carson City, MI 48811

    0.05 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2903545
    Property summary
    AI-generated overview

    This exceptional, renovated Carson City restaurant and pub presents a unique investment opportunity. Priced at $699,500, this turnkey business boasts nearly 6000 square feet of space, currently operating as a successful full-service establishment. The existing building is open seven days a week, serving lunch and dinner, and features a high-quality menu prepared by culinary-trained chefs. The business is experiencing consistent monthly growth, driven by popular music events, special features, and Friday night promotions. Beyond the thriving restaurant, this 0.1-acre property at 116 W Main Street in Carson City, Michigan (48811) offers significant development potential. A second building on the site presents a nearly 6000 square foot opportunity for the creation of apartments or other income-generating ventures. The property's prime location in Montcalm County ensures high visibility and accessibility. High-quality construction and renovation are evident throughout the existing building, reflecting a commitment to excellence in design and execution. This is a rare chance to acquire a profitable, established business with substantial expansion possibilities. The property's strong performance and development potential make it an attractive investment for discerning buyers. Don't miss this chance to own a piece of Carson City's vibrant culinary and entertainment scene.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.05 ac (2,265 SF)
    APN 051-112-091-00
    UPID US43-2903545
    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
    • Carson City Pub 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
    Aurora Entertainment LLC · 5 yrs held
    Aurora Entertainment LLC
    since 2021
    1 recorded transaction
    2021
    $30,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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