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Leonard, MI

Leonard, MI Commercial Real Estate for Sale

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Addison Township, MI Dryden, MI Almont, MI Metamora, MI Bruce Twp, MI Romeo, MI Oxford, MI Bruce Township, MI

Established Restaurant on Lakeville Lake

Updated: Feb 12, 2025

Established Restaurant on Lakeville Lake

503 LAKEVILLE Road, Addison Twp, MI 48367

$249,999

1,506 sqft

Profitable, turnkey restaurant business opportunity.
Prime lakeside location on Lakeville Lake.
Includes a liquor license.
Fully equipped with over $100k in inventory (pizza oven, meat slicer, etc.).
Established business with 3 years of success.

This listing looks promising.

Here's a quick look at some key insights for

503 LAKEVILLE Road, Addison Twp, MI 48367

View Property Analytics

Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$23K
Annual
Price @ 7% Cap

$325K
Above asking
Last Sold

Sep 2017
$515K
Property Type

Warehouse, Storage
Built 1920

View Property Analytics

Waterfront Recreational Land

Updated: Aug 20

Waterfront Recreational Land

Hagerman Road, Leonard, MI 48367

$1,240,000

60.00 AC lot

60 acres across 5 parcels with rolling topography and multiple potential build sites
750 + feet of lake frontage on Secord Lake, an 82‑acre spring‑fed lake
Waterfront features include Secord Lake, a spring‑fed creek, and wildlife marsh ponds
Gated access off Hagerman Road; electricity and Natural Gas Available along the road
Approximately 5 miles north of 460‑acre Lakeville Lake with a public boat launch

Thriving Lakeside Restaurant Business Opportunity

Thriving Lakeside Restaurant Business Opportunity

503 Lakeville Rd, Addison Twp, MI 48367

$130,000

2,629 sqft

Profitable restaurant business with liquor license on Lakeville Lake.

Vacant Commercial Development Parcel

Vacant Commercial Development Parcel

433 Rochester Rd, Leonard, MI 48367

$159,900

4.36 AC lot

A vacant 4.36-acre site with strong Rochester Road frontage for business-oriented development or owner-occupancy.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 4 Active listings in Leonard, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Lakeside Turnkey Restaurant Opportunity

Lakeside Turnkey Restaurant Opportunity

503 Lakeville Road, Addison Township, MI 48367

$130,000

2,629 sqft

Turnkey restaurant for sale on Lakeville Lake, including a liquor license and a fully equipped kitchen setup.

39 Acres Development Opportunity

39 Acres Development Opportunity

Addison Township, MI 48367

$3,250,000

39 sqft 39.53 AC lot

39-acre property with commercial and residential zoning, development potential.

Industrial Land Ready For Development

Industrial Land Ready For Development

Beaver Creek Subdivision - Lot 24, Bruce Township, MI 48065

$650,000

1 sqft 1.00 AC lot

Industrial land for sale with build-to-suit options available.

Retail

Retail

70941 Van Dyke Rd, Bruce Township, MI 48065

Contact for pricing

1,143 sqft

Retail space · 1,143 SF

Off-Market Properties in Leonard, MI

Consider similar Off-Market properties in Leonard, 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.

4444 Frst St

MANUFACTURING (LIGHT)

4444 Frst St, Leonard, MI 48367-1932

$170,000

Estimated value

2,300 sqft 0.40 AC lot

1318 Rochester Rd

BAR, TAVERN

1318 Rochester Rd, Leonard, MI 48367-6610

$470,000

Estimated value

4,127 sqft 0.94 AC lot

Leonard, MI 48367

VACANT COMMERCIAL LAND

Leonard, MI 48367

Value Estimation by Request

0.07 AC lot

Leonard, MI 48367

VACANT COMMERCIAL LAND

Leonard, MI 48367

Value Estimation by Request

4.51 AC lot

100 Rochester Rd

COMMERCIAL (GENERAL)

100 Rochester Rd, Leonard, MI 48367-4244

$375,000

Estimated value

2,214 sqft 1.51 AC lot

Leonard, MI 48367

VACANT COMMERCIAL LAND

Leonard, MI 48367

$230,000

Estimated value

0.13 AC lot

Leonard, MI 48367

INDUSTRIAL - VACANT LAND

Leonard, MI 48367

Value Estimation by Request

10.00 AC lot

557 Rochester Rd

MINI-WAREHOUSE, STORAGE

557 Rochester Rd, Leonard, MI 48367-4288

$2,910,000

Estimated value

38,050 sqft 3.89 AC lot

1400 Rochester Rd

RETAIL STORES (PERSONAL SERVICES)

1400 Rochester Rd, Leonard, MI 48367-3555

$410,000

Estimated value

5,031 sqft 0.95 AC lot

Leonard, MI 48367

VACANT COMMERCIAL LAND

Leonard, MI 48367

Value Estimation by Request

5.00 AC lot

1353 Rochester Rd

WAREHOUSE, STORAGE

1353 Rochester Rd, Leonard, MI 48367-6607

$385,000

Estimated value

1,130 sqft 0.16 AC lot

600 Lakeville Rd

RESTAURANT

600 Lakeville Rd, Leonard, MI 48367-3438

$400,000

Estimated value

3,792 sqft 1.19 AC lot

46 Elmwood

OFFICE BUILDING

46 Elmwood, Leonard, MI 48367-1800

$40,000

Estimated value

308 sqft 0.04 AC lot

3760 Rochester Rd

WAREHOUSE, STORAGE

3760 Rochester Rd, Leonard, MI 48367-2422

$75,000

Estimated value

13,400 sqft 5.50 AC lot

Leonard, MI 48367

INDUSTRIAL - VACANT LAND

Leonard, MI 48367

Value Estimation by Request

47.88 AC lot

401 Elmwood

MANUFACTURING (LIGHT)

401 Elmwood, Leonard, MI 48367-1807

$155,000

Estimated value

16,328 sqft 3.81 AC lot

3830 Rochester Rd

INDUSTRIAL (GENERAL)

3830 Rochester Rd, Leonard, MI 48367-2423

$425,000

Estimated value

7,136 sqft 9.75 AC lot

507 Lakeville Rd

MOTEL

507 Lakeville Rd, Leonard, MI 48367-3844

$455,000

Estimated value

3,618 sqft 0.33 AC lot

1363 Rochester Rd

MEDICAL BUILDING

1363 Rochester Rd, Leonard, MI 48367-6607

$225,000

Estimated value

1,256 sqft 0.42 AC lot

3100 Pond Rd

CHARITABLE ORGANIZATION

3100 Pond Rd, Leonard, MI 48367-2201

$375,000

Estimated value

5,328 sqft 5.23 AC lot

Leonard, MI Commercial Real Estate Market Trends and Statistics

Explore 65 commercial real estate for sale in Leonard, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,135 square feet of properties for sale, with an estimated market value of $1,779,899.

Sale prices for business properties in Leonard, MI start at $130,000, averaging $444,974, and reaching up to $1,240,000 — 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 4,548

Population Growth (5Y) -2.9%

Median Household Income $104,000

College Educated 51.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48367	$829.9K

Taxes & Financing

Tax Rate (average for all types) 3.71%

Property Tax per SF $98.44 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

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