205 E Chicago Street, Jonesville, MI 49250

$1,100,000
  • 205 E Chicago Street, Jonesville, MI 49250 Main Photo

19 Photos

Active
MLS#26051835
STATUSActive PROPERTY TYPECommercial - Business SCHOOLJonesville

Property Description

This is a turn key opportunity, with two additional parcels; 21-060-001-042 and 21-060-001-156. A well-documented history of success. Located on US 12 in Jonesville Mi.. Potential buyer must sign a NDA Turnkey, fully staffed with banquet/event revenue Established full-service restaurant, with strong performance over multiple years. Detailed financials available upon request with signed NDA. This is a turnkey operation with an experienced kitchen and front-of-house management team in place, supported by a reliable and well-trained staff. The business has been consistently operated and offers a smooth transition for a new owner. The facility is a purpose-built fine dining establishment constructed in 2011, featuring steel construction, high ceilings, and quality finishes throughout. The property includes approximately 2,680 sq. ft. of main dining space, a 1,224 sq. ft. banquet/event area (seating up to 72 guests), a 270 sq. ft. private dining room (seating up to 20 guests), a 1,332 sq. ft. fully equipped commercial kitchen, and a 1,548 sq. ft. basement for storage. Additional features include a full-service bar, Class C liquor license, and both street and rear parking lot access. The layout supports both daily dining service and private events, providing multiple revenue streams. The business operates in a stable market with strong repeat customer traffic and consistent demand. In addition to local residents, customers are drawn from surrounding communities, along with nearby college-related traffic, including visiting families and event-driven business. Growth opportunities include expanding operating days beyond the current five-day schedule, as well as implementing targeted marketing efforts. The business has historically relied on word-of-mouth and repeat clientele, with significant potential to increase catering and event bookings through digital and local advertising. Sale includes both the business and the seller-owned real estate, which was previously appraised at $850,000 (2022). The asking price reflects the combined value of the operating business and real estate. The seller is committed to a smooth transition and will provide training and support during an initial period, with additional guidance available as needed. This is a confidential sale. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement. Ad#:2503984 Detailed Information Inventory: $30,000 Not included in asking price Furniture, Fixtures, & Equipment (FF&E): $112,000 Included in asking price Employees: 30 (8 Full-time, 22 Part-time) Experienced kitchen and front-of-house management in place, supported by a relia Facilities: Purpose-built fine dining facility constructed in 2011 with steel construction, high ceilings, and quality finishes throughout. The building is designed for efficient full-service restaurant operations and an elevated guest experience. The property includes approximately: ¢ 2,680 sq. ft. main dining area ¢ 1,224 sq. ft. banquet/event space (seating up to 72 guests) ¢ 270 sq. ft. private dining room (seating up to 20 guests) ¢ 1,332 sq. ft. fully equipped commercial kitchen ¢ 1,548 sq. ft. basement storage area Additional features include a full-service bar area, a Class C liquor license, and both street parking and a rear parking lot for customer convenience. The layout supports both regular dining service and private events, providing multiple revenue streams. Sale inclu

205 E Chicago Street | MLS# 26051835

This commercial property located at 205 E Chicago Street, Jonesville, MI 49250 is currently listed for sale with an asking price of $1,100,000. E Chicago Street is located within the Jonesville school district. Search Jonesville real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Hot Water
Lot Size: 0.13 Acres
Taxes: $26,791
Year Built: 2010

Feature Descriptions

Business Type: Restaurant, Bar/Tavern/Lounge
Days on Site: 22
Exterior: Brick, Stone
Interior: Broadband
Lot Dimensions: 45x108
Parcel Number: 21-060-001-132
Road Surface: Paved
Sub Type: Business
Units: 1
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

Local Schools

School District: Jonesville

Listed By / Shown By

Listed By

Agency Name: Spieth & Satow Auctions & Real Estate
Agent Name: Darin W Spieth
Agency Phone: 517-439-2528

agent picture

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 10/22/2026.

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