Individually Owned Property summary
This exceptional business opportunity presents the chance to acquire a thriving restaurant located in the vibrant heart of downtown Whitehall, Michigan. The property at 212 E Colby boasts 3,120 square feet of space situated on a 0.1-acre lot. The sale includes the real estate itself, offering a significant advantage for the new owner. The existing restaurant, Chen's, is being offered due to the owner's retirement, providing a seamless transition for a new operator. All existing furnishings… within the spacious dining area are included in the sale price of $350,000. The fully equipped kitchen is a key asset, featuring a walk-in cooler and a walk-in freezer, ensuring ample storage for ingredients and supplies. The extensive kitchen equipment is also part of the sale, eliminating the need for significant upfront investment. This turnkey operation presents a unique opportunity to continue the established business, potentially expanding upon its existing success, or to completely reimagine the space and concept to suit a new culinary vision. The prime downtown location guarantees high visibility and foot traffic, making this a truly compelling investment prospect. The property's size and existing infrastructure provide a solid foundation for immediate operation and future growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,120 SF
- Lot area
- 0.1 ac
- Year built
- 1945
- Stories
- 1
- APN
- 61-22-220-011-0005-00
- Zoning
- B-2 CEN
- Assessed value · 2024
- $124,600
- Annual tax · 2023
- $7,502
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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