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Property profile & analytics

2280 S Reese Rd Reese, MI 48757

  • Commercial real estate
  • 3,330 SF
  • 1.81 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0934472
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Papio's Food & Spirits / American Restaurant

Property Details for 2280 S Reese Rd

Lot size
1.81 lot acres
Property size
3,330 SF
Property type
Commercial real estate
APN
06-12-6-13-4001-002
APU
6126134001002

Description

This thriving restaurant and bar, located at 2280 S Reese in Reese, MI, presents a unique investment opportunity. Boasting 3,330 square feet of space situated on a generous 1.81-acre lot, this property offers significant potential for continued success. Its prime location adjacent to a county line golf course provides excellent visibility and accessibility. The building features a large covered deck overlooking the golf course and driving range, ideal for outdoor dining and events. Extensive renovations within the last five years have modernized the property, including a new roof, furnace, carpeting, and updated bathrooms with modern fixtures. Other upgrades include a 48,000 BTU natural gas standby generator, new siding and windows, updated kitchen and dining areas, a faux tin ceiling, new sidewalks and landscaping, and updated kitchen equipment such as deep fryers, a CO2 nitrogen pop/draft system, cooktops, and a char griller. A new point-of-sale system, modern modems with remote capabilities, a waitress station, a flagpole, wifi thermostats, and a security system are also in place. The restaurant comfortably seats approximately 140 patrons. The expansive outdoor area is perfect for hosting various events, such as weddings and graduations. A lower level, previously utilized as additional dining/bar space, offers further expansion possibilities. This turnkey operation is ready for a new owner to continue its success. This rare opportunity won't last long.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Reese
County
Saginaw
State
Michigan
Longitude
-83.6991
Latitude
43.442
CBSA code
40980
CBSA name
SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,070
$0.00
$0.00
$122,600
-
$0.00
$0.00
$245,200
More about this property
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