Commercial $ 349,000

228 N Jefferson ST

Hastingscity_barry, MI 49058

  • 2,066 SqFt
  • 8,712 Lot Size
  • 1963 Year Built
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
Listed by Epique Realty

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type BusinessandRealEstate

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 066 sqft

    Price per Sqft $168

    MLS Listing ID 20251053294

    Year Built 1963

    Lot Size 8,712 Sqft

    Acres 0.2

    Property Sub-Type BusinessandRealEstate

  • Location

    State MI

    County Barry

    Area Area91072Hastings

  • Building

    Foundation Poured, Slab

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Forced Air, Natural Gas

    Fireplace No

  • Exterior

    Parking Features ParkingLot, OnSite, OnStreet

    Utilities Available AboveGroundUtilities

    View Y/N No

    Roof Type Rubber

    Garage false

  • Schools

    School District Hastings

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional, OwnerMayCarry

    Listing Terms Cash, Conventional, OwnerMayCarry

    Special Listing Condition ShortSaleNo, Standard

    Virtual Tour https://book.boulevardrealestatemedia.com/videos/019cb66c-9ee5-720b-bba6-049bf0cb1904?v=427

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CONTACT

David Elwood
David Elwood

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