370 State StSparta, MI 49345
- Commercial real estate
- 1,976 SF
Property Details for 370 State St
- Year built
- 1955
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 1,976 SF
- Zone code
- VGC
- Property type
- Commercial real estate
- APN
- 41-05-14-301-002
- APU
- 410514301002
Description
This exceptional opportunity presents the chance to acquire a well-established restaurant located at 370 N State Street in Sparta, Michigan. Spanning 1,374 square feet on a 0.51-acre lot, this property boasts a rich history, having been under the same ownership for over two decades. The restaurant has cultivated a strong reputation within the community, particularly among military personnel. The sale includes all existing equipment, allowing for a seamless transition and immediate operation. The business is currently thriving and benefits from its long-standing presence and loyal customer base. The sale price is $474,000. New flooring was recently installed on November 24th, 2025. The property's established name and brand recognition are significant assets, offering immediate market penetration and brand loyalty. This turnkey operation presents a unique opportunity for an experienced restaurateur or a first-time business owner seeking a proven model. The seller is open to exploring a land contract, providing a flexible financing option for qualified buyers. This is a rare chance to own a piece of Sparta's culinary heritage and build upon a successful, established business. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $413,094
- Hospitality
- $378,392
- Educational
- $314,818
- Medical
- $325,645
- Retail
- $489,717
Location Insight
- City
- Sparta
- County
- Kent
- State
- Michigan
- Latitude
- 43.1675
- Longitude
- -85.71
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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