6811 M 72nd Hwy, Grayling, MI 49738-7463
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.
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
C-1 · Grayling, MIGrayling. Always verify with local authorities before improvements.
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.