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Property profile & analytics
OFF-MARKET
Commercial land

139 Ct St Hastings, MI 49058-1820

0.6 ac lot
Entity Owned ~ Est. High Equity
Property ID
US43-4455725
Property summary
AI-generated overview

This thriving restaurant, located in the heart of Hastings, MI—named one of America's 100 Best Small Towns—presents a remarkable business opportunity. Established for over two decades, this family-owned diner boasts a loyal customer base and strong community presence. The 1,625 square foot building sits on a 0.05-acre lot in a superb downtown location, easily accessible from multiple parking areas, including a large city parking lot nearby. The cozy interior comfortably seats 40 patrons, featuring a counter currently used as a staff staging area. The well-equipped kitchen includes a spacious prep room and a rare find: a combined walk-in cooler and freezer, maximizing energy efficiency. This turnkey operation offers immediate income potential and the chance to build upon an already successful legacy. The asking price is $250,000. This is an exceptional chance to own a well-regarded restaurant in a vibrant and desirable small town. The property's prime location and established clientele make it an attractive investment for both experienced restaurateurs and ambitious newcomers to the industry. The existing infrastructure and equipment provide a solid foundation for continued success and growth.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.6 ac (26,136 SF)
Zoning code B-1
APN 08-55-201-708-00
UPID US43-4455725
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
  • Phil's Galley Restaurant
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fekkes Properties LLC
Fekkes Properties LLC
since 2026
3 recorded transactions
2026
$130,000
2010
$140,100
2010
Price N/A
Zoning & alternative use
B-1 · Hastings, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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