404 Main St, Belleville, MI 48111-2648
This exceptional turnkey restaurant opportunity is located at 404 MAIN in the heart of Belleville, Michigan. Boasting 6,026 square feet on a 0.19-acre lot, this established business benefits from a prime downtown location, placing it at the center of all city events, celebrations, parades, and car shows. The property includes a recently expanded parking lot, ensuring ample space for patrons. The sale price of $990,000 includes a valuable liquor license, significantly reducing the hurdles for a new owner. All kitchen equipment is included in the sale, along with walk-in coolers and freezers, ensuring a smooth transition. The restaurant features ample seating and a wrap-around bar, providing versatile space for dining and socializing. Large windows offer excellent visibility and views from the front and sides of the building. This is a rare opportunity to acquire a well-established, fully equipped restaurant in a vibrant downtown location with significant potential for continued success. The combination of prime location, included assets, and existing customer base makes this a truly smart investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
No recorded transactions found for this property.
Costs & 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.