Property profile

206 W Main St Durand, MI 48429

FOR SALE
Restaurant
Property ID
US43-2093098
2,567 SF 0.07 ac lot
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Property summary

AI-generated overview

The property is a 2,567-square-foot commercial space located in Durand, Michigan, situated on a 0.07-acre lot. It is configured as a bar and includes licensing suitable for alcohol service (Class C liquor license), food service (food service license), and entertainment activities (entertainment license). The interior layout features a long bar with seating for customers, and the premises include an outdoor patio with seating that supports seasonal dining and community events. The licensed and physical setup is suited to continued operation as a neighborhood bar and other concepts requiring bar, food service, and event/entertainment capabilities.

Property profile

Verified
Property type Restaurant
Total area 2,567 SF
Lot 0.07 ac (3,093 SF)
APN 020-66-015-000
UPID US43-2093098

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
  • Bar & Pub

Location

206 W Main St Durand, MI 48429
Durand metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
Last sale
$170,000
2 recorded transactions
2021
$170,000
2018
Price N/A
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