208 Division St, Freeport, MI 49325-5109
This exceptional Freeport business opportunity presents a well-established tavern with a rich 75+ year history. The Shamrock Tavern boasts a spacious interior seating 144 patrons, complemented by a sizable outdoor beer garden ideal for events like horseshoe tournaments. The property encompasses a generous 1.25-acre lot, providing ample space and potential for expansion. A significant attached storage area, equal in size to the tavern itself, offers exciting possibilities for expansion of the existing business or the creation of a completely separate venture. Adding to the investment potential, a three-bedroom apartment located upstairs generates rental income. The Shamrock Tavern is renowned for its home-cooked meals and family-friendly atmosphere, cultivating a loyal customer base. The current owner, having dedicated over 37 years to the establishment and owning it since 2008, is now seeking retirement, presenting a unique chance for a new owner to step into a thriving business with a proven track record. The 4,400 square foot building offers significant space and potential for growth. This is a rare opportunity to acquire a turnkey business with established clientele and substantial potential for future development. The property's size and location in Freeport, MI, make it an attractive investment.
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
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Freeport, MIFreeport. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.