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    OFF-MARKET
    Bars & Pubs

    6811 M 72nd Hwy, Grayling, MI 49738-7463

    5,200 SF 0.39 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-4764568
    Property summary
    AI-generated overview

    This thriving Grayling, MI establishment, located at 6811 W M 72, presents a unique investment opportunity. The 5,200 square foot building sits on a 0.39-acre lot and currently operates as a successful restaurant and bar known as Tinkers Junction. The property boasts a well-designed interior perfect for dining and entertainment, featuring three pool tables, a dartboard, a stage for live events, and a lively atmosphere. Current programming includes trivia nights, karaoke, and cornhole tournaments, attracting a loyal customer base. An outdoor sand volleyball court further enhances the venue's appeal, providing ample space for gatherings and outdoor activities. The high traffic count in this prime Grayling location ensures consistent customer flow, contributing to the high-grossing potential. This turnkey operation offers immediate income generation, with significant upside potential for expansion and growth. The established reputation and loyal clientele provide a solid foundation for continued success, whether maintaining the current format or implementing new concepts. The property is priced at $499,000 and presents a compelling opportunity for an experienced restaurateur or investor seeking a proven money-maker in a desirable location. The property's size and amenities offer flexibility for various entertainment and dining options.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Total area 5,200 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code C-1
    APN 040-42-012-11-160-00
    UPID US43-4764568
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Dankat Enterprises LLC · 1 yrs held
    Dankat Enterprises LLC
    since 2024
    Last sale
    $200,000
    3 recorded transactions
    2024
    $200,000
    2023
    2017
    $200,000
    Zoning & alternative use
    C-1 · Grayling, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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