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13938 Middle Gibraltar Rd Gibraltar, MI 48173-9711

OFF-MARKET Turn key restaurants Google Maps
1,950 SF 0.4 ac lot
Individually Owned 1-yr Hold Free & Clear
Estimated value (blended)
$170k
Range $153k – $187k (±10%)
Property ID US43-0091923

Property summary

AI-generated overview

This exceptional 1,950 square foot industrial building is situated on a 0.4-acre lot in the desirable Gibraltar, MI location at 13938 Middle Gibraltar. Completely renovated four years ago, this property boasts a stunning transformation. The entire building underwent a comprehensive gut renovation, resulting in a modern and efficient workspace. Improvements include a brand new HVAC system ensuring optimal climate control year-round. The interior features luxurious vinyl flooring throughout, adding both durability and aesthetic appeal. The updated bathrooms and granite countertops contribute to a high-end finish. A full basement provides significant additional storage or workspace potential. The exterior has also been enhanced with a newly paved parking area, providing ample parking for employees and clients. This turnkey property is ready for immediate occupancy and presents a fantastic opportunity for a business seeking a well-maintained and updated space. The building's modern amenities and prime location make it an ideal choice for a variety of industrial or office uses. The property is offered at $249,900. Serious inquiries only.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 1,950 SF
Lot 0.4 ac (17,424 SF)
Zoning code RESIDE
APN 36 011 03 0079 001
UPID US43-0091923

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$170k

Owner & transaction history

since 2025
Last sale
$185,000
7 recorded transactions
2025
$185,000
2022
Price N/A
2020
Price N/A
2020
$134,400
2017
Price N/A
2009
$78,750
2008
$214,399

Zoning & alternative use

RESIDE · Gibraltar, MI

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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