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    OFF-MARKET
    Super regional malls

    7484 Karlin Rd, Interlochen, MI 49643-9428

    2,808 SF 0.23 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-2447562
    Property summary
    AI-generated overview

    The Karlin Inn, located at 7484 Karlin in Interlochen, MI, presents a unique opportunity to own a thriving, recently renovated business. This 3,000 square foot establishment sits on a 1.26-acre lot and is priced at $399,900. The sale includes all furniture, fixtures, and equipment, along with existing licenses, ensuring a seamless transition for the new owner. The inn boasts a modern interior while maintaining a cozy atmosphere, appealing to both locals and tourists. The current menu and offerings provide a solid foundation for continued success, allowing for immediate revenue generation. However, the opportunity also exists to inject your own creativity and culinary vision into the business. Ample parking is available on-site, and the sale further includes vacant lots across the street, offering potential for expansion or additional development. Benefit from the inn's strategic location, just four miles south of the Interlochen Arts Academy, twelve miles from Crystal Mountain, and nineteen miles from Traverse City, guaranteeing a steady stream of customers. The business is currently operational

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Total area 2,808 SF
    Lot 0.23 ac (10,019 SF)
    APN 06-500-009-00
    UPID US43-2447562
    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
    • The Karlin Inn Bar & Pub Restaurant
    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
    FARM 7481 LLC
    FARM 7481 LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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