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Grass Lake, MI

Grass Lake, MI Commercial Real Estate for Sale

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Jackson, MI Michigan Center, MI Brooklyn, MI

8 properties

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Granite & Marble-Finish Office Building

Updated: Jan 15

Granite & Marble-Finish Office Building

115 E Michigan Avenue, Grass Lake, MI 49240

$299,900

2,640 sqft · 0.07 AC lot

Built in 1900 with concrete and brick construction and rubber roofing
Central air cooling plus baseboard heating; cable available
Main level features granite and marble finishes, soaring ceilings, a main‑floor restroom, and a private executive office
Upper level offers flexible space for a kitchenette, half bath, and utility or storage area (includes a utility area with original ceiling under a drop ceiling)
Basement is clean and well maintained with regularly serviced mechanicals and the building is set up for a security system

This listing looks promising.

Here's a quick look at some key insights for

115 E Michigan Avenue, Grass Lake, MI 49240

View Property Analytics

Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$22K
Annual
Price @ 7% Cap

$316K
Above asking
Property Type

Financial Building
Built 1900

View Property Analytics

Turnkey Restaurant & Bar Opportunity

Updated: May 13

Turnkey Restaurant & Bar Opportunity

12227 Seymour Road, Grass Lake, MI 49240

$500,000

3,414 sqft · 1.09 AC lot

Fully operational and well‑maintained restaurant/bar with all equipment included.
Prime location in the heart of the Waterloo Recreation Area, a high‑traffic recreational destination.
Features spacious dining room, commercial kitchen, private game room, and covered patio dining pavilion.
Includes landscaped grounds with a decorative pond, lounge area, and fenced patio.
Ample parking, easy access from Seymour Rd, and even horse 'parking' from Waterloo Trail.

Turnkey Restaurant and Residential Property

Turnkey Restaurant and Residential Property

12229 Seymour Road, Grass Lake, MI 49240

$750,000

5,310 sqft · 1.09 AC lot

Fully operational restaurant/bar with residence in Waterloo Recreation Area.

Turnkey Restaurant and Bar Property

Turnkey Restaurant and Bar Property

12227-12229 Seymour Road, Grass Lake, MI 49240

$750,000

5,310 sqft · 1.09 AC lot

Fully operational restaurant and bar with commercial kitchen, liquor license, and multiple indoor and outdoor seating areas.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Restaurant/Bar in Recreation Area

Turnkey Restaurant/Bar in Recreation Area

12227 Seymour Road, Grass Lake, MI 49240

$500,000

3,414 sqft · 1.09 AC lot

Fully operational restaurant and bar in high-traffic recreational area.

Historic Bank Building For Sale

Historic Bank Building For Sale

115 E Michigan Ave, Grass Lake, MI 49240

$299,900

Rare opportunity to own a piece of Grass Lake's history.

Equestrian Facility in Waterloo Area

Equestrian Facility in Waterloo Area

11500 Glenn Rd, Grass Lake, MI

$1,200,000

30 sqft · 35.70 AC lot

30-acre horse show facility with stabling for 182 horses.

Industrial Land Near I-94

Industrial Land Near I-94

0 Morrissey Road, Grass Lake, MI 49240

$125,000

Industrial land parcels totaling 3.91 acres, ready for construction.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Grass Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Munith Commercial Opportunity on Trail

Munith Commercial Opportunity on Trail

100 N Main Street, Munith, MI 49259

$135,000

1,500 sqft · 0.22 AC lot

Restaurant or takeout destination near Lakelands Trail State Park.

7.6 Acres Prime Development Site

7.6 Acres Prime Development Site

Ann Arbor Road, Jackson, MI 49201

$595,000

7.60 AC lot

High-visibility 7.6-acre parcel in Jackson's commercial corridor.

Restaurant Opportunity Near Lakelands Trail

Restaurant Opportunity Near Lakelands Trail

Munith, MI 49259

$135,000

Restaurant property near Lakelands Trail State Park in Munith, MI.

High-Visibility Commercial Auto Sales Lot

High-Visibility Commercial Auto Sales Lot

6006 Ann Arbor Road, Jackson, MI 49201

$125,000

240 sqft

Prime commercial lot with high visibility and traffic counts.

Off-Market Properties in Grass Lake, MI

Consider similar Off-Market properties in Grass Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

103 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

103 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

1,344 sqft · 0.20 AC lot

101 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

101 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

5,880 sqft · 0.11 AC lot

100 Michigan Ave

BAR, TAVERN

100 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

2,200 sqft · 0.03 AC lot

4105 Norvell Rd

COMMERCIAL (GENERAL)

4105 Norvell Rd, Grass Lake, MI 49240-9759

Value Estimation by Request

780 sqft · 15.00 AC lot

104 Michigan Ave

STORES & APARTMENTS

104 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

2,992 sqft · 0.03 AC lot

12369 Michigan Ave

MEDICAL BUILDING

12369 Michigan Ave, Grass Lake, MI 49240-9213

$805,000

Estimated value

9,792 sqft · 2.60 AC lot

230 Michigan Ave

COMMERCIAL (GENERAL)

230 Michigan Ave, Grass Lake, MI 49240-9456

Value Estimation by Request

0.29 AC lot

163 Francisco Rd

INDUSTRIAL (GENERAL)

163 Francisco Rd, Grass Lake, MI 49240-9826

Value Estimation by Request

107.52 AC lot

MANUFACTURING (LIGHT)

3901 Willis Rd, Grass Lake, MI 49240-9791

$7,600,000

Estimated value

195,028 sqft · 195.55 AC lot

WAREHOUSE, STORAGE

242 Burtch Rd, Grass Lake, MI 49240-9302

Value Estimation by Request

30,560 sqft · 5.49 AC lot

117 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

117 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

1,750 sqft · 0.05 AC lot

121 Michigan Ave

STORES & APARTMENTS

121 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

3,500 sqft · 0.07 AC lot

VACANT COMMERCIAL LAND

Michigan Ave, Grass Lake, MI 49240

Value Estimation by Request

0.85 AC lot

425 Michigan Ave

WHOLESALE OUTLET, DISCOUNT STORE

425 Michigan Ave, Grass Lake, MI 49240-8920

Value Estimation by Request

10,040 sqft · 1.23 AC lot

114 Michigan Ave

RESTAURANT

114 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

2,785 sqft · 0.09 AC lot

237 Michigan Ave

COMMERCIAL (GENERAL)

237 Michigan Ave, Grass Lake, MI 49240-9459

Value Estimation by Request

4,380 sqft · 0.68 AC lot

Grass Lake, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grass Lake, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 20,118 square feet of properties for sale, with an estimated market value of $3,999,900.

Sale prices for business properties in Grass Lake, MI start at $299,900, averaging $666,650, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 9,206

Population Growth (5Y) -3.4%

Median Household Income $95,307

College Educated 45.1%

High-Yield Neighborhoods for Investment

Identify Grass Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49240	$460.7K

Taxes & Financing

Tax Rate (average for all types) 3.71%

Property Tax per SF $64.01 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jackson County

New Delisted

Total CRE Inventory on Market (SF)

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