Property summary
This fully operational, turn-key restaurant presents a unique investment opportunity in Bay City, Michigan. Located at 3555 Old Kawkawlin Rd, this 1,347 square foot, single-story building sits on a 0.3-acre corner lot, providing ample parking for 20 vehicles. Built in 1960, the property boasts a Class C designation and is zoned for commercial use. The restaurant features a fully equipped kitchen, ready for immediate operation, and offers significant potential for expansion, including outdoor dining options. Its prime location at a high-traffic intersection ensures excellent visibility and accessibility. The asking price is $200,000. This is an owner/user opportunity for a chef, restauranteur, or food enthusiast seeking to establish or expand their culinary business. The property includes one unit and benefits from great sign visibility. This is a rare chance to acquire a thriving restaurant in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Bay City, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C-2 in Bay City, MI.
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