5600 Lapeer Rd - Restaurant FOR SALE


Kimball, MI 48074
$950,000 USD
248-805-2808
5600 Lapeer Rd, Kimball, MI for Sale
$950,000 USD
Restaurant - FOR SALE
1/29
null | Request Cap Rate

5600 Lapeer Rd
Kimball, MI 48074


HIGHLIGHTS

  • This is a thriving restaurant property featuring two distinct, fully built-out food service concepts.
  • Ample on-site parking, positioned along a well-traveled commercial corridor with strong vehicle traffic.
  • Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk.
  • Well-suited for owner-operators, hospitality groups, or investors.
  • A 2 Bed 1 Bath home at 5602 Lapeer Rd (MLS 20251061522) is also available for purchase. Conveniently located directly next to the Restaurant.

OVERVIEW

You have an exceptional opportunity to acquire a fully operational and thriving restaurant property featuring two distinct, fully built-out food service concepts within a single building. This highly visible storefront benefits from shared back-of-house systems that enable efficient, simultaneous operations. Together, these concepts deliver immediate income potential supported by multiple, diversified revenue streams. The primary operation is a successful full-service restaurant with a fully equipped, professional commercial kitchen. The property also includes a fully operational bar operating under a Class C liquor license, with Keno and Lotto available (transfer of liquor and gaming licenses is subject to purchase and all applicable local and state approvals; buyer to verify). Well-appointed dining areas offer flexible seating configurations, complemented by a dedicated banquet hall ideal for private events, catering, and group dining. The facility includes ADA-compliant restrooms and compliant utility infrastructure. A separate pizza parlor operates within the same building and features a fully equipped kitchen with independent preparation, cooking, and storage areas. The space is configured to support dine-in, takeout, and delivery service, further enhancing revenue diversity. The property offers ample on-site parking and is positioned along a well-traveled commercial corridor with strong vehicle traffic. It provides convenient access to major roadways and is located just minutes from Port Huron’s business, retail, and residential centers. Investment Highlights - Sale only; Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk; Well-suited for owner-operators, hospitality groups, or investors; Financial info in listing not representative of actuals. Full financial details are available to qualified, serious buyers or investors upon request. A non-disclosure agreement (NDA) may be required. A two Bedroom, one Bath home at 5602 Lapeer Rd (MLS 20251061522) is also available for purchase. This home is conveniently located directly next to the Restaurant and if purchased, offers a wonderful opportunity for use by the new owner. This home can be purchased separately or as a package deal with the Restaurant.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gracie's Restaurant and Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C-2

APN/PARCEL ID

25-003-2011-000

ASK ABOUT THIS PROPERTY

Cynthia WrightParker Wright Real Estate GroupMore Info
248-805-2808

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Cynthia WrightParker Wright Real Estate GroupMore Info
248-805-2808

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