9264 Saginaw Rd - Restaurant FOR SALE


Richville, MI 48758
$699,000 USD
810-471-2916
9264 Saginaw Rd, Richville, MI for Sale
$699,000 USD
Restaurant - FOR SALE
1/42
null | Request Cap Rate

9264 Saginaw Rd
Richville, MI 48758


HIGHLIGHTS

  • This property, originally built in 1862, retains its historic charm while offering modern amenities
  • The building is equipped for restaurant and brewery operations, including a 224-person occupancy, 28-tap lineup, and a four-barrel brewing system.
  • Recent upgrades include a new roof (2018), 3-phase electrical system (2020), dual air conditioning units (2022/2023), and 4 new hot water tanks 2024.
  • Enhanced security features include an integrated camera and alarm system, phone access, and alerts.

OVERVIEW

Own a piece of Richville's rich history with this remarkable commercial property, a storied 1862 building known as the town’s longest- standing hospitality venue. Originally a trading post, this landmark has since served as a saloon, ice cream parlor, and now thrives as a restaurant and brewery. The property comes fully equipped for seamless operations with a 224-person occupancy, an UPServe POS system, and a robust 28-tap lineup, plus four dedicated wine taps and a can seamer for to-go beer options. Ideal for owners interested in craft distribution, this property has multiple licenses, including microbrewery, wine and spirit maker, and distribution. The space is well-equipped for brewing with four barrel brewing system, three conicals, and a keg washing room complete with a crane for moving kegs. The two-story restaurant includes two server stations, spacious kitchen facilities, and ample storage. The setup features a smoker, 13-foot hood, three walk-in coolers with individual temperature controls powered by an exterior glycol cooling unit, and a small basement bakery with a proofer, double ovens, fridge, and prep space. Recent upgrades offer modern efficiency while retaining historic charm: a new roof (2018), three-phase electrical system (2020), dual air conditioning units with warranty (2022/2023), and four new hot water tanks (2024). Security and accessibility are enhanced with an integrated camera and alarm system, phone access, and alerts. The property also includes $20,000 in waterproofing by Dry Mich, office space, and ample storage. Perfect for the next chapter, this historic venue comes with an established clientele and room for growth in a character-filled setting.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1862

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,126 SF

ZONING

Commercial

APN/PARCEL ID

006-500-100-5300-00

ASK ABOUT THIS PROPERTY

Danny O'BrienThe John Wentworth GroupMore Info
810-471-2916

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Danny O'BrienThe John Wentworth GroupMore Info
810-471-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.