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228 N Jefferson St

228 N Jefferson St, Hastings, MI 49058

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Overview

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. Confidential Property & Business Offering – Barry County, Located in Hastings 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 1.1x annual owner cash flow (SDE) or 1.5x 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!!! Location disclosure with executed NDA and Financials disclosed with NDA and buyer financial qualification

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.

Includes Real Estate with Sale of Business.

Attachments

Elwood.Biz

DE
David Elwood

Executive Director - Epique Realty - CORE & Epique CRE

For Sale

Retail
Other

Secondary Uses: Restaurant, Free Standing

Sale Price
$349,000
Price Per SF
$168.9/SF
Building Size
2,066 SF
Acres
0.2 ac
Zoning
B-1
Zoning Desc.
Central Business District
Tenant
River Walk Cafe
Building Name
River Walk Cafe
Building Class
B
Floors
1
Year Built
1963
Parking Spaces
25
Nearest MSA
Grand Rapids
Tax ID Number
5520102600
Property Use Type
Business
Property Status
Existing
Avg. Occupancy
100%
Ceiling Height
8'
County
Barry
Available
03/12/2026
Listed
03/12/2026
Updated
03/12/2026
Listing ID
61991e3b
Parcel APN
55-201-026-00