1951 Indian Lake Rd - Restaurant FOR SALE


National City, MI 48748
$494,999 USD
989-385-7638
1951 Indian Lake Rd, National City, MI for Sale
$494,999 USD
Restaurant - FOR SALE
1/23
null | 7.98% Cap Rate

Mar '26


1951 Indian Lake Rd
National City, MI 48748


HIGHLIGHTS

  • Class C Liquor License
  • Fully Equipped / Recreational Hotspot
  • Dine In / Walk-Up / Take-Out / Ice Cream Parlor
  • Large Warehouse Attached
  • Multiple Revenue Streams
  • Large Parking Areas & outdoor seating areas for ice cream parlor customers

OVERVIEW

Business Opportunity: Multi-Concept Restaurant in National City, Michigan Overview & Location: • Opportunity Type: Turnkey full-service restaurant business • Availability Date: March 2, 2026 • Location: National City, Michigan, nestled between seven inland lakes • Accessibility: Situated on main roads; 10 miles west of Tawas City, attracting both locals and tourists • Customer Base: Benefits from proximity to public lake access (boating, fishing, swimming) and seasonal visitors Property & Facilities: • Condition: Fully renovated in 2023 (new paint, windows, flooring, lighting, etc.) New owners can begin operations immediately • Seating Capacity: Spacious dining room seats 65–70 patrons (1,188 sq ft) • Parking: Ample parking available with 30+ spots • Storage/Expansion: Includes a 1,300 sq ft warehouse with two 12' overhead doors (potential for conversion to a bar/patio area) Key Features & Operations: • Multiple Service Options: Dine-in, to-go, walk-up, and three dedicated curb-side service windows for efficiency • Menu Versatility: Equipped for breakfast, lunch, dinner, pizza, café drinks, and ice cream sales • Licenses: Includes a Class C License for alcohol sales • Accessibility: ADA-compliant bathrooms • Kitchen Amenities: o Separate cook/prep area and automated dishwashing room o Walk-in cooler and walk-in freezer o Updated Ansul system and three separate cook hoods o Efficient HVAC system (two AC units, 90% furnace) Included Assets: • All kitchen equipment, tables, chairs, tableware, and cookware are included in the sale Growth & Expansion Potential: • Extend operating hours to maximize market share • Introduce bakery goods, specialty beverages, or soft-serve ice cream • Convert warehouse space into an indoor/outdoor bar and entertainment area Next Steps & Conditions: • Financing: Cash or conventional financing options are available • Support: Build-out support and coaching available for a smooth transition • Confidentiality Note: Do not approach the current operator or employees directly regarding the sale

FOR SALE DETAILS

PRICE

$494,999 USD

PRICE/SF

$120 USD /SF

CAP RATE

7.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,811 SF

ZONING

C-1

APN/PARCEL ID

051-S50-000-016-01

ASK ABOUT THIS PROPERTY

Trevan HerekHCD Services LLCMore Info
989-385-7638

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Trevan HerekHCD Services LLCMore Info
989-385-7638

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