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Property profile & analytics
FOR SALE
Breakfast & diners

938 Doster Rd Plainwell, MI 49080

Built 1950
Property ID
US43-Q000017
Property summary
AI-generated overview

Don't miss this rare opportunity to own a cozy, well established diner located directly across the street from beautiful Pine Lake along with a spacious pole barn located on 3 acres. This small but mighty eatery offers unbeatable visibility and steady local and seasonal traffic. The property offers incredible potential for a variety of ventures.The sale includes major kitchen equipment, giving you a head start on turning your restaurant dreams into reality. With a welcoming layout and loads of potential, this property is ideal for a passionate owner-operator or investor looking to bring fresh energy to a beloved location. Whether you're starting new or expanding your portfolio, this gem is read to serve! Adding to the property's appeal is a substantial pole barn, offering flexiblespace for storage, workshops, or potential conversion for other business needs. With 3 acres of land, there's significant room for outdoor dining, events, or future development, providing endless possibilities. bikeScore: 26, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile
Verified
Property type Breakfast & diners
Year built 1950
UPID US43-Q000017
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
  • Pine Lake Diner, LLC Restaurant
  • Flooring World Wide LLC Carpet & Flooring Store Hardware & Home Improvement
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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