6449 M 65th S, Lachine, MI 49753-9446
This exceptional 3,000 square foot industrial property, situated on a spacious 1.62-acre lot in Lachine, Michigan, presents a unique investment opportunity. The property includes a fully renovated bar and restaurant, complete with a Class C liquor license, offering immediate income potential. The Alpena County location provides convenient access to a thriving community. Seller financing is available, with terms negotiable to suit your needs. A significant advantage is the inclusion of an attached residence, allowing for owner-occupancy or the potential for additional rental income. The meticulous maintenance and high-quality renovations ensure a seamless operational experience, minimizing upfront costs and maximizing efficiency. No expense was spared in creating a turn-key operation ready for immediate success. The property's combination of commercial and residential space provides flexibility and diverse income streams, making it an attractive option for both seasoned investors and first-time buyers. The property is located in the Alpena area, offering a desirable lifestyle and strong potential for growth. This is a rare opportunity to acquire a well-maintained, income-generating property with significant upside potential. The attached residence adds to the overall value and convenience, making this a truly exceptional investment. Serious inquiries are encouraged.
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
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.