370 N State St Sparta, MI 49345
For Sale
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This exceptional opportunity presents the chance to acquire a well-established restaurant located at 370 N State Street in Sparta, Michigan. Spanning 1,374 square feet on a 0.51-acre lot, this property boasts a rich history, having been under the same ownership for over two decades. The restaurant has cultivated a strong reputation within the community, particularly among military personnel. The sale includes all existing equipment, allowing for a seamless transition and immediate operation. The business is currently thriving and benefits from its long-standing presence and loyal customer base. The sale price is $474,000. New flooring was recently installed on November 24th, 2025. The property's established name and brand recognition are significant assets, offering immediate market penetration and brand loyalty. This turnkey operation presents a unique opportunity for an experienced restaurateur or a first-time business owner seeking a proven model. The seller is open to exploring a land contract, providing a flexible financing option for qualified buyers. This is a rare chance to own a piece of Sparta's culinary heritage and build upon a successful, established business. Serious inquiries are encouraged.
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Maxine's Family Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
VGC · Sparta, MICosts & 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.