Link Copied
Listed price in listed location currency (USD).
$399,000

000

MLS® 20251053294

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 2066 sqft
Garage No
HOA Fees 
Taxes $7,735
Days Active 38
Approx. Age 1963
Avg. Price Per Sqft $193
MLS® Number 20251053294

Property Address: 228 N Jefferson St, Hastings, MI, 49058-1413

Average square foot calculated using Size range provided by listing agent.

Description

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. Confidential Property & Business Offering – Barry County, Michigan A rare opportunity is available to acquire a well-established breakfast, brunch, and lunch cafe-style restaurant along with its commercial real estate, all included in offered price. This business has become a local favorite, known for its inviting atmosphere and consistent performance. With the sale, the buyer not only secures a thriving cafe style restaurant but also ownership of the building itself — providing stability and long-term equity. From a financial standpoint, the cafe’s success is proven: The offering price reflects only about 45% of the total value when compared with standard restaurant valuation methods. In other words your getting this at over 50% of the actual value. Effectively, you are purchasing the business and building for roughly 1.3x annual owner cash flow (SDE) or 1.9x operating earnings (EBITA), a fraction of what similar operations would demand in today’s market. Who this is perfect for: An entrepreneur looking to step into restaurant ownership with a strong cash-flowing business already in place. A culinary couple or family team eager to run their own breakfast-and-lunch destination. An experienced operator ready to expand into a proven location with the advantage of owning the real estate. One who wants to own a restaurant but without the dawn til after dusk hours as is focused on Breakfast and Lunch. This is not just a business purchase — it’s a chance to step into a turnkey, community-loved restaurant and build your lifestyle around it. The combination of ongoing profitability, included real estate, and significant value savings make this an exceptional ownership opportunity. Offered price includes real estate!!! Location disclosure with executed NDA and Financials disclosed with NDA and buyer financial qualification
MLS® Number20251053294
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 11, 2025List Date
$399,000List Price
  • Commute

Commute

Starting Address
Destination Address
228 N Jefferson St, Hastings, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties