350 M-61Gladwin, MI 48624

For Sale
$450,000

Established Gladwin eatery, prime lakefront location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional opportunity presents the chance to acquire the Woodland Diner, a well-established restaurant located at 350 M-61 in Gladwin, Michigan, 48624. This 1,728 square foot, single-story building sits on a 1.82-acre lot zoned Commercial/Industrial. Built in 1970 and renovated in 1986, the property is in immaculate condition, boasting recently upgraded interiors and exteriors. Its prime location near Smallwood Lake, part of the Four Lakes system on the Tittabawassee River, ensures a steady stream of both local and tourist clientele. The Woodland Diner enjoys a strong reputation and positive reviews, reflecting its commitment to quality and service. The sale includes all existing restaurant equipment. Detailed financial information is available upon request with a signed non-disclosure agreement. This is a turnkey operation ideal for an owner-user seeking a profitable investment in a vibrant community. The asking price is $450,000, translating to $260.42 per square foot. This represents a rare opportunity to own a thriving business in a desirable location. Don't miss out on this chance to own a piece of Gladwin's culinary landscape.

Highlights

  • Established Woodland Diner for sale at 350 M-61, Gladwin, MI 48624.
  • 1,728 sq ft building on a 1.82-acre lot, zoned Commercial/Industrial.
  • Built in 1970, renovated in 1986, excellent condition with recent upgrades.
  • Prime location near Smallwood Lake, attracting local and tourist traffic.
  • Includes all restaurant equipment; turnkey operation.
  • Asking price: $450,000 ($260.42/sq ft).

Property Details for 350 M-61

Property type
Investment properties, Other commercial real estate
Square Feet
1,728 SF
Class
C
Year Built/Renovated
1970/1986
Buildings
1
Stories
1
Lot Size (sq. ft)
79,279 SF

Location Insight

City
Gladwin
County
Gladwin
State
Michigan
Latitude
43.978918170449
Longitude
-84.35428134999
350 M-61, Gladwin, Michigan

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350 M-61
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