200 Bullock St, Whittemore, MI 48770-5130
This thriving bar and restaurant, located at 200 S Bullock in downtown Whittemore, Michigan, presents a unique investment opportunity. Boasting 2,900 square feet on a 0.2-acre lot, this establishment is the only bar in town, ensuring a captive market. The turnkey operation includes all business furniture, fixtures, and equipment, along with existing licenses, name, phone number, and goodwill. The sale price of $150,000 does not include alcohol and food inventories, which will be settled separately at closing. The property features a small dance floor and stage, ideal for DJs or small bands, along with separate his and her restrooms and a convenient walk-in cooler. A fenced outdoor area provides additional space for patrons. The building itself is structurally sound and offers significant potential for expansion and improvement. Its prime location directly on M-65 guarantees high visibility and consistent foot traffic. This is a rare chance to acquire a well-established business with significant growth potential in a desirable location. The current setup offers short-order food alongside a full cocktail menu, catering to a diverse clientele. The business is ready for a new owner to take it to the next level.
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Sportman's Restaurant & Lounge Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.