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Financial
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Property profile

12601 State St Atlanta, MI 49709

OFF-MARKET
Retail properties & Spaces
Property ID
US43-3942770
1,200 SF
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Property summary

AI-generated overview

This turnkey restaurant opportunity in downtown Atlanta, Michigan is priced at $159,000. The 1,200 square foot space is located on M-32, ensuring high visibility and convenient access for customers. The property is currently operating as Dano's Diner & Drive Thru, a well-established business offering a diverse menu including lunch, dinner, and seasonal ice cream options. The sale includes all necessary equipment to continue operations immediately, eliminating the need for significant upfront investment in furnishings or kitchen appliances. This comprehensive package includes tables and chairs, a fully equipped kitchen with a commercial hood, grill, pizza ovens, and ample refrigeration. The business benefits from its established customer base and proven operational model, presenting a compelling opportunity for an entrepreneur seeking a ready-to-run restaurant venture. The property is situated at 12601 State Street, Atlanta, MI 49709, in Montmorency County. This is an exceptional chance to acquire a profitable, established business with minimal start-up costs and immediate revenue potential. The location offers excellent visibility and accessibility, making it an ideal investment for a seasoned restaurateur or a first-time business owner.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,200 SF
UPID US43-3942770

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
  • Hair Salon Nail Salon
  • Restaurant

Location

12601 State St Atlanta, MI 49709
Atlanta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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