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    OFF-MARKET
    Bars & Pubs

    15036 Downey Rd, Mussey, MI 48014-3055

    2,926 SF 3.4 ac lot Built 1949
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-4537897
    Property summary
    AI-generated overview

    This expansive 2,926 square foot industrial property, situated on a generous 3.52-acre lot in Capac, Michigan, presents a unique investment opportunity. The building boasts a full kitchen, perfect for catering events or employee breaks. Entertainment features include newly felted pool tables, a dedicated dance floor, and karaoke equipment, suggesting prior use as a recreational venue. The presence of lottery and Keno equipment further indicates a history of entertainment-related business. The substantial lot size offers ample room for expansion, parking, or outdoor activities. The property's versatile layout and existing amenities provide a solid foundation for a variety of commercial uses, from warehousing and light manufacturing to entertainment or recreational ventures. The building's current configuration, including the kitchen and entertainment features, could be easily adapted to suit a new owner's specific needs. This is a rare opportunity to acquire a sizable industrial property with unique existing features in a desirable location. The asking price of $500,000 reflects the property's size, location, and potential for diverse applications. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1949
    Total area 2,926 SF
    Lot 3.4 ac (148,104 SF)
    Zoning code B-2
    APN 74-27-021-2021-000
    UPID US43-4537897
    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
    • Good Time Charlie's Bar & Pub Restaurant
    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
    JAMES G BURKEL
    JAMES G BURKEL
    Zoning & alternative use
    B-2 · Mussey, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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