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228 N Jefferson Street, Hastings city, Michigan

$349,000

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2,066

Square feet

0.20

Acres

About 228 N Jefferson Street

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. Property & Business Offering – Hastings, 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!!! Financials disclosed with NDA and buyer financial qualification

Features of 228 N Jefferson Street

MLS® # 20251053294
Price $349,000
Bathrooms 0.00
Square Footage 2,066
Acres 0.20
Year Built 1963
Type Commercial
Status Active

Community Information

Address 228 N Jefferson Street
Area 91072 - Hastings
City Hastings city
County Barry
State Michigan
Zip Code 49058

Amenities

Utilities Above Ground Utilities
Parking Parking Lot, On Site, On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Brick, Vinyl Siding, Wood Siding
Foundation Poured, Slab

School Information

District Hastings

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEpique Realty
Contact Infodavid@elwood.biz

Listing Map

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