248-830-7733
388 S Broadway St, Lake Orion, MI for Sale
Fast Food - FOR SALE
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388 S Broadway St
Lake Orion, MI 48362
Downtown Lake Orion


HIGHLIGHTS

  • High-visibility location directly on M-24 with daily traffic of approximately 45,186 vehicles.
  • Large 0.55-acre parcel offering flexible development or operational configurations.
  • Surrounded by national retailers including CVS, McDonald’s, AutoZone, and Starbucks.
  • Within walking distance to Lake Orion’s 500-acre all-sports lake and active residential neighborhoods.
  • MU zoning supports a variety of potential uses such as retail, office, and mixed-use concepts.
  • Established trade area demographics with strong household income levels and continued growth projections.

OVERVIEW

Located in the center of Lake Orion, this 2,578 SF property offers a valuable investment opportunity near M-24, delivering exposure to over 45,000 vehicles per day. Positioned on a 0.55-acre parcel, the site accommodates a variety of redevelopment or adaptive reuse options under its Mixed-Use zoning. Originally built in 1980, the building sits within a vibrant corridor anchored by CVS, O’Reilly Auto Parts, and several national QSR brands, ensuring strong retail traffic. With Lake Orion’s 500-acre all-sports lake within walking distance, this property benefits from the area’s active residential base, local tourism, and year-round recreational appeal. The surrounding region is recognized for its steady growth, high household incomes, and established business presence, providing a supportive environment for investors focused on maximizing long-term value. Whether maintained as an income-generating asset or re-imagined for a modern use, this location combines accessibility, visibility, and favorable market dynamics for forward-thinking ownership strategies.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,740 SF

ZONING

BI

APN/PARCEL ID

09-11-276-026

ASK ABOUT THIS PROPERTY

J.J. SchmidtMarlin PropertiesMore Info
248-830-7733

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J.J. SchmidtMarlin PropertiesMore Info
248-830-7733

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