4512 E M 21, Corunna, MI 48817
For Sale
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This exceptional turnkey business opportunity presents a fully operational and profitable bar and grill located at 4512 E M 21, Corunna, MI. The 4,510 square foot building sits on a generous 4-acre lot, offering ample space for parking and potential expansion. The interior boasts a large, fully stocked bar, a well-equipped kitchen, a spacious dining area perfect for accommodating numerous patrons, and a permitted dance floor complete with a DJ booth. Entertainment options include pool tables and gaming machines, adding to the venue's appeal. An expansive outdoor area provides additional seating and ambiance. Upstairs, a private office equipped with security systems offers a balcony overlooking the parking lot and a full bathroom with a shower, presenting the possibility of converting it into a residential unit for on-site living. The business is currently staffed and equipped, ready for immediate operation. This established bar presents a significant opportunity for a new owner to implement their own strategies and further enhance profitability. The substantial size of the property and the existing infrastructure provide a solid foundation for growth and success in the Corunna market. The asking price for this thriving business is $850,000.
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Kooters in the Field Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.
