7245 Lakeshore Rd - Restaurant FOR SALE


Lexington, MI 48450
$249,000 USD
810-531-4090
7245 Lakeshore Rd, Lexington, MI for Sale
$249,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

7245 Lakeshore Rd
Lexington, MI 48450


HIGHLIGHTS

  • Corner location with approximately 265 feet of frontage along M-25.
  • Currently operating as a restaurant and bar.
  • Second floor offers potential residential use.
  • Main roof shingles were replaced in 2021.
  • Includes custom bar with 24-tap beer system.
  • Three parcels are included in the sale.

OVERVIEW

Located along the Lake Huron shoreline corridor in Lexington, Michigan, 7245 Lakeshore Road presents an opportunity to acquire an operating restaurant and bar property positioned on a highly visible corner site along M-25. The property benefits from approximately 265 feet of frontage on one of the area's primary coastal routes, providing convenient access for local residents, seasonal visitors, and travelers moving throughout Michigan's Thumb region. The building is currently owner occupied and operated as the Water Tower Sports Pub, offering an established hospitality layout that supports food and beverage operations. Existing improvements include a custom bar with a 24-tap beer system, specialty restaurant infrastructure, an on-demand hot water heater, and a main roof that was replaced in 2021. The second floor offers additional flexibility with the potential for residential occupancy, creating an opportunity for owner-user, live-work, or supplemental income scenarios where permitted. Lexington's waterfront setting, marina activity, tourism appeal, and year-round local customer base contribute to continued demand for dining and entertainment venues. The property's location along M-25 provides visibility and accessibility while placing the business within one of the Thumb Coast's most recognized destinations. The inclusion of three parcels totaling approximately 0.69 acres provides additional site control and operational flexibility. This offering may appeal to restaurant operators, hospitality entrepreneurs, owner-users, and investors seeking a commercial property with an existing operating use, established infrastructure, and a location tied to Lexington's waterfront tourism and community activity.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C-1

APN/PARCEL ID

261-300-001-927-00

ASK ABOUT THIS PROPERTY

Korissa KramerKramer Commercial RealtyMore Info
810-531-4090

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Korissa KramerKramer Commercial RealtyMore Info
810-531-4090

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