424 Adrian St, Blissfield, MI 49228-1002
This exceptional turnkey opportunity encompasses two thriving restaurants in Blissfield, Michigan: the Hathaway House and the Stable. This sale includes both established businesses, complete with all equipment, furniture, and fixtures. A valuable Michigan Resort Liquor Permit is also included, ensuring a seamless transition for the new owner. The property boasts a substantial 14,596 square feet of building space situated on a 1.47-acre lot (note: this acreage does not include two additional parcels detailed in attached MLS documents). Ample parking is available, accommodating well over 100 vehicles. The property has been meticulously maintained and is being offered due to the owners' retirement. The sale includes three parcels of land and an outbuilding, providing significant potential for expansion or future development. The Hathaway House and the Stable have a proven track record of success, serving customers from Toledo, Ann Arbor, Adrian, and the Downriver area. Financial information for both businesses is available upon request for qualified buyers. The total tax assessment reflects all three parcels. This is a rare opportunity to acquire a well-established and profitable restaurant complex in a desirable location.
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Salsa Bliss Food Processing Plant
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David Carpenter House - Michigan State Historic Site Tour Operator
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
C-1 · Blissfield, MIBlissfield. Always verify with local authorities before improvements.
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.