MI > Hastings > Mi
Hastings, MI 49058 1413,228 N Jefferson Street
Hastings, MI 49058 1413,228 N Jefferson Street
Hastings, MI 49058 1413,228 N Jefferson Street
Hastings, MI 49058 1413,228 N Jefferson Street
Hastings, MI 49058 1413,228 N Jefferson Street
Hastings, MI 49058 1413,228 N Jefferson Street
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Jackie Jones Kapuscinski

Jackie Jones Kapuscinski

Serenity Realty

+1(419) 260-2806
$ 399,000
Est. payment | /mo

2,066 SqFt

Save
$ 399,000
Est. payment | /mo
Save

2,066 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,066 sqft

Price per Sqft $193

Subdivision Mi

MLS Listing ID 60952510

Annual Tax Amount $7,735

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 63 x 133 x 64 x 132

Property Sub-Type Commercial/Industrial

Property Description

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. Confidential Property & Business Offering – Barry County, Michigan A rare opportunity is available to acquire a well-established breakfast, brunch, and lunch cafe-style restaurant along with its commercial real estate, all included in offered price. This business has become a local favorite, known for its inviting atmosphere and consistent performance. With the sale, the buyer not only secures a thriving cafe style restaurant but also ownership of the building itself - providing stability and long-term equity. From a financial standpoint, the cafe's success is proven: The offering price reflects only about 45% of the total value when compared with standard restaurant valuation methods. In other words your getting this at over 50% of the actual value. Effectively, you are purchasing the business and building for roughly 1.3x annual owner cash flow (SDE) or 1.9x operating earnings (EBITA), a fraction of what similar operations would demand in today's market. Who this is perfect for: An entrepreneur looking to step into restaurant ownership with a strong cash-flowing business already in place. A culinary couple or family team eager to run their own breakfast-and-lunch destination. An experienced operator ready to expand into a proven location with the advantage of owning the real estate. One who wants to own a restaurant but without the dawn til after dusk hours as is focused on Breakfast and Lunch. This is not just a business purchase - it's a chance to step into a turnkey, community-loved restaurant and build your lifestyle around it. The combination of ongoing profitability, included real estate, and significant value savings make this an exceptional ownership opportunity. Offered price includes real estate!!! Location disclosure with executed NDA and Financials disclosed with NDA and buyer financial qualification

Location

State MI

County Barry

Area Hastings (08021)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Roof Type Rubber

Building

Foundation Slab

Water Public Water

Structure Type Brick,Vinyl Siding,Wood

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Epique Realty
Jackie Jones Kapuscinski

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537, USA

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228 N Jefferson Street