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    FOR SALE
    Commercial real estate

    6492 Paradise Trl, Carp Lake, MI 49718

    3,299 SF 0.16 ac lot
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US43-2946264
    Property summary
    AI-generated overview

    This exceptional hospitality business opportunity in Carp Lake, Michigan, is offered at $675,000. The 5,000 square-foot building boasts a fully equipped, state-of-the-art commercial kitchen with ample prep space, ensuring efficient operations. The inviting interior offers comfortable seating for both large parties and intimate gatherings. A significant advantage is the expansive outdoor patio, ideal for summer dining and providing scenic views of Paradise Lake. Ample parking is available for patrons. This established restaurant enjoys a strong reputation within the community, presenting a turnkey operation ready for immediate success. The property is located at 6492 Paradise Trail, Carp Lake, MI 49718, offering a prime location for continued success or a fresh culinary venture. The sale includes all existing equipment and fixtures, making this a seamless transition for new ownership. This is a rare opportunity to acquire a well-established and profitable restaurant in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 3,299 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code EC B-2
    APN 03-06-15-201-001
    UPID US43-2946264
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Harbor Lights Grille Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $590k
    Comparable Approach Comparable
    $618k
    Blend (final) Blend
    $560k
    Owner & transaction history
    Bertolini Holdings LLC · 8 yrs held
    Bertolini Holdings LLC
    since 2018
    1 recorded transaction
    2018
    $60,000
    Zoning & alternative use
    EC B-2 · Carp Lake, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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