202 Butler St, Saugatuck, MI 49453-9493
This exceptional opportunity presents the chance to acquire Pumpernickles Eatery, a thriving restaurant located at 202 Butler Street in the heart of Saugatuck, Michigan. Established in 2018, this well-regarded business enjoys a prime downtown location and consistent daily operation, serving breakfast, lunch, dinner, and craft cocktails. The business model extends beyond regular service, encompassing a lucrative private event sector, catering to weddings, corporate functions, and other special occasions. This turnkey operation offers immediate income potential with an existing lease in place. The current building is also available for purchase, providing a significant advantage for long-term ownership and control. Financial details are available upon request. The property is situated in Allegan County, Michigan, with the precise address being 202 Butler Street, Saugatuck, MI 49453. This presents a unique chance to own a profitable and established business in a desirable tourist destination. Serious inquiries only. All information is deemed reliable but not guaranteed.
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Pumpernickels Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.