801 S Lapeer Rd - Restaurant FOR SALE


Lake Orion, MI 48362
$1,500,000 USD
888-883-8509
801 S Lapeer Rd, Lake Orion, MI for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

801 S Lapeer Rd
Lake Orion, MI 48362


HIGHLIGHTS

  • This historic restaurant offers a versatile dining experience with 6 separate dining rooms.
  • Enjoy stunning lake views from the front dining room and patio, with the added bonus of watching fireworks during events.
  • Recent updates include a new fire system, updated equipment, refreshed dining rooms, new hardwood floors upstairs & a new electric fireplace heater.

OVERVIEW

This historic restaurant offers a versatile dining experience with 6 separate dining rooms (not including the bar), ideal for hosting private parties or business meetings. Each dining room can be closed off or opened as needed, allowing for intimate gatherings or larger events. The restaurant also features a cozy downstairs gas fireplace, multiple TVs in the bar and one dining room, and an electric fireplace heater upstairs. Enjoy stunning lake views from the front dining room and patio, with the added bonus of watching fireworks during events. The property boasts patio seating with tables and a lounge area, along with one indoor and two outdoor walk-in coolers, plus a walk-in freezer. The original bar, complete with name plates from notable figures, adds charm to this historic building, enhanced by beautiful landscaping out front. Recent updates include a new fire system, updated equipment, refreshed dining rooms, new hardwood floors upstairs, a new electric fireplace heater, and some new patio furniture. With storage areas in the basement and upstairs, a projector screen for seminars, and an excellent location, this restaurant is ready to impress. This is an operating restaurant, please do not approach building or staff with any questions. Please contact listing agent directly.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Kruse And Mues At The Lake

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

B1, Lake Orion

APN/PARCEL ID

09-11-477-040

ASK ABOUT THIS PROPERTY

Chad ApapMark Z Real Estate ExpertsMore Info
888-883-8509

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

Chad ApapMark Z Real Estate ExpertsMore Info
888-883-8509

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