228 N Jefferson St

For Sale

228 N Jefferson St, Hastings, MI 49058

This Hastings property for sale is located at 228 N Jefferson St. The general use of 228 N Jefferson St is restaurant and it incorporates 2,288 square feet of class B restaurant space. Contact the listing broker for details on the current sale price for 228 N Jefferson St. 228 N Jefferson St is situated on a lot that is 0.2 acre in size.

Contacts

David Elwood

Epique Realty COMMERCIAL- Elwood.Biz

Broker

Property Details

  • Property Type Restaurant
  • Property Size 2,288 SF
  • Lot Size 0.2 Acre
  • Zoning Retail Restaurant
  • # of Floors 1
  • Average Floor Size 2,288 SF
  • Parking Spaces Avail. 25
  • Parking Ratio 10.93 / 1,000 SF
  • Building Class B
  • Year Built 1962
  • Date Updated Mar 12, 2026

Restaurant For Sale in Hasting Michigan

RiverWalk Cafe For Sale in Hastings MI

Established Business and Real Estate included. Serving Breakfast, Brunch and Lunch.  Price reduced to only 1.1X Net Earnings and 1.5x EBITA.  Opportunity to add Dinner hours for added income.

Disclosure of Financials only available after signed NDA (ATTACHED) and review of Buyer Qualification by Listing Broker.    Do Not Disturb Owner, Employees or Customers they will not answer questions.

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. 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

Exclusively offered by: David Elwood - Elwood.Biz 

Epique Realty & Epique CRE

248-923-4334

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Well Known Established Restaurant in Hastings
  • Located Directly across from River Walk Trail and Thornapple River
  • Corner Location with On Site and Striped/Marked street parking
  • Turn Key Operating Cafe Style Restaurant serving Breakfast, Brunch and Lunch
  • Price includes Business, FF&E and Real Estate
  • Well Know Established business in Hastings MI

Getting around

  • 77/100

    Walk Score ®

  • 59/100

    Bike Score ®

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Location

  • City Hastings, MI
  • Zip Code 49058
  • Market Grand Rapids

Points of Interest

  • Admiral

    0.13 miles

  • Johnny's Market

    0.28 miles

  • Family Fare Quick Stop

    0.65 miles

  • Marathon

    0.71 miles

  • Phillips 66

    1.50 miles

  • RPM

    2.23 miles

  • Mobil

    9.78 miles

  • Hammond Hills Mountain Bike Trailhead

    1.61 miles

  • Boat parking

    8.75 miles

  • Holiday Inn

    1.24 miles

  • Holiday Inn Express

    1.24 miles

  • Tom's Meat Market

    0.27 miles

  • TJ Maxx

    0.56 miles

  • Family Fare

    0.63 miles

  • ALDI

    0.97 miles

  • Walmart Supercenter

    1.66 miles

Contact Listing Broker
David Elwood

Epique Realty COMMERCIAL- Elwood.Biz

Broker

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