Property profile

6800 E 15 Mile Rd Barbeau, MI 49710

FOR SALE
Commercial (General)
Property ID
US43-2893553
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Property summary

AI-generated overview

The property includes a 4,000-square-foot building on 1.05 acres in Barbeau, Michigan, with a waterfront restaurant location on the St. Marys River. The restaurant configuration provides seating for approximately 92 people indoors and includes outdoor seating. The site includes a docking facility with access for boaters and includes ten boat slips. The building is also configured with two 2-bedroom short-term rental units. Overall, the property’s improvements support a combined restaurant and marina/docking use with event and dining capacity, along with on-site lodging through the rental units.

Property profile

Verified
Property type Commercial (General)
APN 002-290-002-00
UPID US43-2893553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6800 E 15 Mile Rd Barbeau, MI 49710
Barbeau metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2010
Last sale
$483,728
1 recorded transaction
2010
$483,728
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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