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100 N Main St
Cheboygan, MI 49721

$1,230,769 USD

Restaurant For Sale  •  2,050 SF

Property Details

• Property Type Restaurant
• Total Building Size 2,050 SF
• Lot Size 0.38 AC
• Building Class C
• Year Built 2000
• Cap Rate 9.75 %
• Tenancy Single

0 Transit Score

68 Walk Score

Highlights

8+ years remain on the primary lease term

Roof warranty through November 2035

Strong sales – best performing location for the tenant

Meds Café was founded in 2018 and has grown to 7 locations across Michigan

Renovated in 2021

Significant 12.5% rental escalations every five years

Property Flyers

OM-Meds-Cafe-Cheboygan-MI

Cap Rate:

9.75 %