18089 State St Vandalia, MI 49095
- Commercial land
- 0.21 lot acres
Current Use by Public Records
- Sherry Lee's Bar And Grill / Bar & Grill
Property Details for 18089 State St
- Lot size
- 0.21 lot acres
- Property type
- Commercial land
- APN
- 14-101-100-018-00
- APU
- 1410110001800
Description
This exceptional business opportunity presents a well-established restaurant ideally situated on busy M-60 in Vandalia, MI. Boasting over 6,587 square feet, the property includes a spacious dining area with seating for more than 150 patrons, a full bar, and a dedicated banquet room perfect for hosting various events such as weddings, graduations, and birthday parties. The nearly one-acre lot provides ample parking for numerous vehicles, complemented by an outdoor deck and patio featuring a bandstand for live entertainment and al fresco dining. The sale includes a complete turnkey operation, encompassing all equipment, fixtures, and inventory, ensuring a seamless transition for the new owner. Adding to the investment potential, an upstairs apartment offers additional rental income. The property benefits from its location near several popular lakes (Diamond, Donnell, Birch, Shavehead, and others), attracting significant tourism. Furthermore, the proximity to Cassopolis, with its upcoming influx of new businesses and hundreds of new employees, presents tremendous growth potential for the future. This is a rare opportunity to acquire a thriving, established business with significant upside in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vandalia
- County
- Cass
- State
- Michigan
- Longitude
- -85.9159
- Latitude
- 41.9178
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
