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The Finish Line Family Restaurant 75 W Carleton Rd

2,356 SF Vacant Retail Building Hillsdale, MI 49242 $795,000 ($337/SF)

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Investment Highlights

Award Winning Turn Key Business
Traffic Count 13,700+

Located on Primary Road

Executive Summary

Be your own boss! This award winning and turn key local eatery seeks its next owner to carry on the legacy for generations to come. Located on a primary road (M-99/W Carleton Rd) with traffic count over 13,700 daily and area dining visit up 11% year over year. Remodels in 2015 and 2018 included roof, HVAC, seating, equipment, refrigeration, and generator. Parking +/- 50 vehicles and seating +/- 90 patrons. Sale includes real state, business, and intellectual property. Monument LED sign on M-99 draws in the crowds and the service/food makes them customers for life. Hillsdale County itself is an outdoor enthusiasts paradise with 350 lakes and ponds and holds the headwaters of five major rivers. Contact Commercial Realtor with your questions or for assistance with commercial lending.

FlexMLS Listing

The Finish Line Family Restaurant - Equipment List

Confidentiality Agreement

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

2,356 SF

Year Built/Renovated

1975/2018

Price

$795,000

Price Per SF

$337

Business Value

$500,000

Percent Leased

Vacant

Building Height

1 Story

Building FAR

0.07

Lot Size

0.83 AC

Opportunity Zone

Yes

Zoning

B3 - Business District

Parking

50 Spaces (21.22 Spaces per 1,000 SF Leased)

Frontage

118 FT on W Carleton Rd

Amenities

Restaurant
Signage

Drive Thru
Monument Signage

Fiber Optic Internet

Smoke Detector

About 75 W Carleton Rd , Hillsdale, MI 49242

Well established family restaurant in the heart of Hillsdale! 2021 & 2022 People's Choice Award for Best All Around Restaurant in the community. Open since 1975 and completely remodeled in 2018, including upgrades to HVAC system, boothes, and several pieces of cooking and refrigeration equipment. Roof replaced in 2015. Generator that operates refrigeration equipment in cases of power outage. LED road sign with changeable copy. Fullly operational business & real estate included in sale. Seating capacity 88. List of equipment attached, financials available with NDA signed. Real estate appraised in 2021.