Property profile

3555 Old Kawkawlin Rd Bay City, MI 48706

OFF-MARKET
Turn key restaurants
Property ID
US43-5252662
1,347 SF 0.37 ac lot Built 1960
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 1,347 SF
Lot 0.37 ac (16,117 SF)
Zoning code C-2
APN 010-008-100-215-00
UPID US43-5252662

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
  • Restaurant

Location

3555 Old Kawkawlin Rd Bay City, MI 48706-2124
Bay City metro Census 285900 BAY CITY, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$260k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2007
Price N/A
2007
$140,000

Zoning & alternative use

C-2 · Bay City, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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