Property profile

168 Ontario St De Tour Village, MI 49725

OFF-MARKET
Other commercial real estate
Property ID
US43-3944369
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

Located in De Tour Village, Michigan, this 2,950-square-foot commercial property is zoned for commercial use and configured to support a foodservice and retail storefront operation. The interior is fully updated with seating in both indoor and outdoor areas, and the business space includes amenities such as a modern beverage cooler for canned and bottled drinks, two retail freezers and a retail cooler for grab-and-go items, and equipment supporting prepared menu offerings including specialty ice cream, breakfast service, bakery items, smoothies, and espresso. The zoning and layout are suitable for uses such as breakfast and diner concepts, restaurants, coffee shops, and retail storefront operations.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 041-722-010-00
UPID US43-3944369

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
  • Cafe & Coffee Shop

Location

168 Ontario St De Tour Village, MI 49725-5011
De Tour Village metro Census 971100 SAULT STE. MARIE, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2017
Last sale
$232,500
1 recorded transaction
2017
Price N/A

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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