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Ray Carodine

ray.carodine@exprealty.com +1(248) 497-8787

$ 1,100,000

Est. payment | -/mo

3 Baths

5,662 Sqft Lot

Save

$ 1,100,000

Est. payment | -/mo

Save

3 Baths

5,662 Sqft Lot

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

Listed by Darin W Spieth of Spieth & Satow Auctions & Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 497-8787

ray.carodine@exprealty.com

39555 Orchard Hill Place, Suite 600, Novi, MI 48375, USA

205 E Chicago ST Jonesville City, MI 49250