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The Loon's Nest Restaurant 115 E State St 1,136 SF Retail Building Fife Lake, MI 49633 $325,000 ($286.09/SF)
Executive Summary
Nestled in the historic village of Fife Lake, this long-established restaurant is a beloved local favorite known for its delicious breakfasts, baked goods, and welcoming atmosphere. This turn-key opportunity includes the real estate, buildings, equipment, inventory, and most vintage décor. Along with its solid existing income, there is strong potential to increase revenue by expanding into lunch and dinner service using the two existing pizza ovens.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,136 SF
Year Built
1918
Price
$325,000
Price Per SF
$286.09
Building Height
1 Story
Building FAR
0.11
Lot Size
0.23 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 41-070-069-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $270,600 |
Property Taxes
Parcel Number
41-070-069-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$270,600
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The Loon's Nest Restaurant | 115 E State St