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$1,100,000
Est. payment /mo
3 Baths
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
MLS Listing ID 53026051835
Year Built 2010
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type BusinessandRealEstate
Property Description
This is a turn key opportunity, with two additional parcels; 21-060-001-042 and 21-060-001-156. A well-documented history of success. Located on US 12 in Jonesville Mi.. Potential buyer must sign a NDATurnkey, fully staffed with banquet/event revenue Established full-service restaurant, with strong performance over multiple years. Detailed financials available upon request with signed NDA. This is a turnkey operation with an experienced kitchen and front-of-house management team in place, supported by a reliable and well-trained staff. The business has been consistently operated and offers a smooth transition for a new owner. The facility is a purpose-built fine dining establishment constructed in 2011, featuring steel construction, high ceilings, and quality finishes throughout. The property includes approximately 2,680 sq. ft. of main dining space, a 1,224 sq. ft. banquet/event area (seating up to 72 guests), a 270 sq. ft. private dining room (seating up to 20 guests), a 1,332 sq. ft. fully equipped commercial kitchen, and a 1,548 sq. ft. basement for storage. Additional features include a full-service bar, Class C liquor license, and both street and rear parking lot access. The layout supports both daily dining service and private events, providing multiple revenue streams. The business operates in a stable market with strong repeat customer traffic and consistent demand. In addition to local residents, customers are drawn from surrounding communities, along with nearby college-related traffic, including visiting families and event-driven business. Growth opportunities include expanding operating days beyond the current five-day schedule, as well as implementing targeted marketing efforts. The business has historically relied on word-of-mouth and repeat clientele, with significant potential to increase catering and event bookings through digital and local advertising. Sale includes both the business and the seller-owned real estate, which was previously appraised at $850,000 (2022). The asking price re
Location
State MI
County Hillsdale
Area Area30062Jonesville
Rooms
Basement Common Storage Locker
Interior
Heating Geothermal, Hot Water
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Jonesville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Darin W Spieth of Spieth & Satow Auctions & Real Estate
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