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    FOR SALE
    Turn key restaurants

    850 Butternut Dr, Holland, MI 49424

    2,158 SF 1.23 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US43-1590278
    Property summary
    AI-generated overview

    This exceptional opportunity presents a fully operational and profitable pizza restaurant situated on a 1.37-acre lot at 850 Butternut in Holland, Michigan. The 2,158 square foot building boasts a fully equipped commercial kitchen, designed to comfortably seat up to 90 diners. A significant advantage is the inclusion of a drive-through window, added in 2019, catering to the convenience of takeout customers. The property also includes a transferable beer and wine license, streamlining the transition for the new owner. Beyond the operational aspects, the sale includes valuable intangible assets such as proprietary recipes and established brand recognition, ensuring a smooth continuation of the business. Recent improvements include the addition of outdoor seating, enhancing the dining experience and expanding capacity. Ample on-site parking is available for customers and staff. The inventory is available for purchase at cost, providing a seamless handover. This established business benefits from a loyal customer base and a prime location in a high-traffic area, making it an attractive investment with significant potential for growth and profitability. The property is offered at $535,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 2,158 SF
    Lot 1.23 ac (53,492 SF)
    Zoning code R-2
    APN 70-16-18-125-060
    UPID US43-1590278
    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
    • Mario's Pizza & Spaghetti House Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Shg Restaurants LLC
    Shg Restaurants LLC
    since 2025
    5 recorded transactions
    2025
    2023
    $350,000
    2019
    2017
    $137,000
    2017
    Zoning & alternative use
    R-2 · Holland, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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