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5790 Us-31 S

Grawn, MI 49637
  • $699,000
  • STATUS: Active
  • ON SITE: 252 Days
  • MLS #: 1922243
UPDATED: 30 min ago
$699,000
  • 0
    BEDS
  • 1.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,760
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1987
County:

School Ratings & Info

Description

Experience the charm of a friendly, family-owned restaurant that has been serving customers since 1996. With its iconic reputation and delicious pizza recipe dating back to 1978, this locally owned and operated eatery serves up home-cooked meals for breakfast, lunch, and dinner. Situated in an ideal location away from the hustle and bustle of town, this restaurant boasts a loyal following of regulars who love the small-town and up north vibe. However, don't let its location fool you - it's conveniently located on main highway US-31, with an average of 22,000 plus cars passing by daily. This gives the restaurant great exposure and opportunities to attract new visitors. This restaurant is a staple in the community, renowned for its friendly service and delicious breakfast options, delectable pizzas, and Fish Fry Fridays. Customers have also eagerly anticipated their annual Greek Month in February and Polish Month in March, during which traditional favorites like gyros, baklava, kielbasa and homemade perogies are served up. In addition, they host a variety of other popular events throughout the year, such as Southern Cookin' Burger Bash, Octoberfest, Veterans Appreciation Day, and Italian Month all of which attract customers from all taste pallets, making it a top destination for locals. With nearly two decades of tradition of these events, each ethnic menu and all homemade from scratch, it's no wonder the restaurant is a beloved part of the community. Included with the restaurant is all furniture, fixtures, and equipment, a food license, liquor license, beer and wine license, and more. Plus, with room for expansion, there's plenty of potential to grow this beloved business even further. Don't miss your opportunity to take over this beloved turn-key restaurant, complete with everything you need to hit the ground running and continue the legacy of serving up great food and creating unforgettable memories in a warm and welcoming atmosphere.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-01-22T16:54:14.39.
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5790 Us-31 S Grawn, MI 49637

  • Price: $699,000
  • Status: Active
  • On Site: 252 Days
  • Updated: 30 min ago
  • MLS #: 1922243
0
Beds
0
Baths
0
½ Baths
1.52
Acres
2,760
SQFT
$253
$/SQFT
1987
Built
Neighborhood:
Metes & Bounds
County:
Grand Traverse
Area:
Blair Twp (28002)
Property Description
Experience the charm of a friendly, family-owned restaurant that has been serving customers since 1996. With its iconic reputation and delicious pizza recipe dating back to 1978, this locally owned and operated eatery serves up home-cooked meals for breakfast, lunch, and dinner. Situated in an ideal location away from the hustle and bustle of town, this restaurant boasts a loyal following of regulars who love the small-town and up north vibe. However, don't let its location fool you - it's conveniently located on main highway US-31, with an average of 22,000 plus cars passing by daily. This gives the restaurant great exposure and opportunities to attract new visitors. This restaurant is a staple in the community, renowned for its friendly service and delicious breakfast options, delectable pizzas, and Fish Fry Fridays. Customers have also eagerly anticipated their annual Greek Month in February and Polish Month in March, during which traditional favorites like gyros, baklava, kielbasa and homemade perogies are served up. In addition, they host a variety of other popular events throughout the year, such as Southern Cookin' Burger Bash, Octoberfest, Veterans Appreciation Day, and Italian Month all of which attract customers from all taste pallets, making it a top destination for locals. With nearly two decades of tradition of these events, each ethnic menu and all homemade from scratch, it's no wonder the restaurant is a beloved part of the community. Included with the restaurant is all furniture, fixtures, and equipment, a food license, liquor license, beer and wine license, and more. Plus, with room for expansion, there's plenty of potential to grow this beloved business even further. Don't miss your opportunity to take over this beloved turn-key restaurant, complete with everything you need to hit the ground running and continue the legacy of serving up great food and creating unforgettable memories in a warm and welcoming atmosphere.
Exterior Features

Exterior Construction FrameStoneWood Foundation Type Slab Lot Size 300 X 197 Parking Parking Lot

Interior Features

Basement YN No Commercial Features BathFixtures Cooling System Central A/C Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Name Rico's Cafe & Pizzeria Business Type Bar/TavernRestaurant Commercial Type Business Financial Terms CashCommercial Loan Lease YN No Municipality Blair Twp Ownership Private Present Licenses Beer/Wine LicenseFoodLiquor License Sale Includes Inventory SEV 180700 Sev Year 2023 Sewer Septic Septic Water Public Water Zoning Commercial

Listing courtesy of Traverse Real Estate : 231-590-5091.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-01-22T16:54:14.39.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507