For Sale
$99,000

121 Main St Ovid, MI 48866

Turnkey Restaurant w/ Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a fully operational restaurant located at 121 S Main Street in Ovid, Michigan, 48866. The property, encompassing 0.05 acres of land, is classified as special purpose commercial and includes a thriving restaurant business. The asking price is $99,000. A key feature is the inclusion of two separately rented apartments situated above the restaurant, generating additional income streams. Recent updates to the restaurant include new flooring and tables, ensuring a modern and inviting atmosphere for patrons. The restaurant is fully equipped and ready for immediate operation, minimizing the need for significant capital investment upon acquisition. The property's location in Ovid, Clinton County, provides access to a local customer base and offers potential for growth. The two upstairs apartments provide a stable rental income stream, enhancing the overall return on investment. This unique combination of a profitable restaurant and rental units presents a compelling opportunity for an investor seeking a turnkey operation with immediate cash flow. The property's prime location and recent renovations make it an attractive proposition for a discerning buyer. Financial details are available upon request.

Highlights

  • Turnkey restaurant with two income-producing apartments in Ovid, MI.
  • 0.05-acre lot, special purpose commercial zoning.
  • Asking price: $99,000.
  • Recently renovated restaurant with new flooring and tables.
  • Fully equipped restaurant ready for immediate operation.
  • Strong local customer base in Ovid, Clinton County.

Property Details for 121 Main St

Property type
Specialty properties, Land
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Ovid
County
Clinton
State
Michigan
Latitude
43.0048004
Longitude
-84.3713208
121 Main St, Ovid, Michigan

FAQs

What type of property is this?
Specialty property - Turnkey Restaurant w/ Rental Income
Where is the specialty property located?
The property is located at 121 Main St Ovid, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Turnkey restaurant with two income-producing apartments in Ovid, MI.; 0.05-acre lot, special purpose commercial zoning.; Asking price: $99,000.
How can I contact the broker?
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121 Main St
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