1951 Indian Lake Rd - Restaurant FOR SALE


National City, MI 48748
$494,999 USD
989-415-1274
1951 Indian Lake Rd, National City, MI for Sale
$494,999 USD
Restaurant - FOR SALE
1/23
null | 7.98% Cap Rate

NEW


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

Turnkey Restaurant, Pizza Takeout & Ice Cream Shop Near Northern Michigan Lakes Now offering $25,000 back at closing! Rare opportunity to own a fully renovated 4,100+ square foot restaurant and hospitality property located in the heart of Northern Michigan’s recreation corridor in National City. Surrounded by lakes, campgrounds, ORV trails, and year-round tourism, this property offers a unique multi-revenue concept ideal for owner-operators or hospitality investors. The building features a spacious dining area with seating for approximately 65–70 guests, a fully equipped commercial kitchen, and a newly renovated ice cream and take-out service area designed to capture high-traffic seasonal demand. A dedicated 150 sq ft walk-up service area with three take-out windows allows customers to order and pick up food or ice cream without entering the dining room. The setup is perfect for online ordering pickup, walk-up ice cream sales, and quick-service food such as pizza, burgers, and take-out meals, making it ideal for busy summer tourism and outdoor recreation traffic. This flexible layout allows the property to operate as multiple concepts under one roof, including: • Full-service restaurant or supper club • Pizza and takeout operation • Ice cream or dessert shop • Bar & grill or brewery taproom • Seasonal tourist destination restaurant • Catering Additional space on the property provides room for storage, prep, or future expansion depending on the buyer’s vision. Located just minutes from the shoreline of Lake Huron and surrounded by the natural beauty and outdoor recreation of Huron National Forest and 7 inland lakes within a 3-mile radius. The property benefits from steady traffic generated by boaters, anglers, campers, snowmobilers, and ORV riders throughout the year. With its turnkey kitchen, flexible layout, and multiple revenue streams, this property is well positioned for a variety of hospitality concepts and offers a rare chance to own a destination restaurant in one of Northern Michigan’s popular recreation regions. ________________________________________ Property Highlights • 4,100+ sq ft restaurant building • Seating for approximately 65–70 guests • Fully equipped commercial kitchen • Newly built ice cream / take-out service area • Three walk-up service windows for online orders and takeout • Ideal for pizza, ice cream, and quick-service concepts • Ample parking and roadside visibility • Located near multiple lakes, campgrounds, and ORV trails • Strong seasonal tourism traffic ________________________________________ Ideal For • Owner-operator restaurant concept • Bar & grill or supper club • Pizza and ice cream destination • Brewery taproom or casual dining concept • Hospitality investor seeking a Northern Michigan tourism property Included Assets: • All kitchen equipment, tables, chairs, tableware, and cookware are included in the sale, as well as Class C liquor license. Growth & Expansion Potential: • Extend operating hours to maximize market share • Introduce bakery goods, specialty beverages, or soft-serve ice cream, catering • Convert warehouse space into an indoor/outdoor bar and entertainment area Next Steps & Conditions: • Financing: Cash or conventional, seller financing options are available. Seller is offering a $25,000 credit at closing to buyer! • 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

ADD'L SUBTYPES

Bar, Storefront Retail/Residential, Office/Residential

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
989-415-1274

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Trevan HerekHCD Services LLCMore Info
989-415-1274

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