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    Addison Twp, MI
    Conventional Restaurant

    Addison Twp, MI Conventional Restaurants for Sale

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    Addison Township, MI Dryden, MI Almont, MI Metamora, MI Bruce Twp, MI Fort Gratiot, MI Romeo, MI Oxford, 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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    503 LAKEVILLE Road, Addison Twp, MI 48367

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    • 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
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Addison Twp, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Restaurant-Ready Retail Building
    Restaurant-Ready Retail Building

    50285 Mound Road, Shelby, MI 48317

    $775,000
    4,043 sqft 1.59 AC lot

    Restaurant-ready 4,043 SF building on 1.59 acres with patio and central air, built in 1976.

    View details
    Historic Restaurant with Lake Views
    Historic Restaurant with Lake Views

    Lake Orion, MI 48362

    $1,500,000
    0.95 AC lot

    Versatile restaurant with lake views, multiple dining rooms, and updates.

    View details
    Mexican Restaurant Business
    Mexican Restaurant Business

    50285 Mound Road, Shelby, MI 48317

    $295,000

    Business-only sale of Esplendido Mexican Restaurant with established branding and operating systems.

    View details
    Restaurant with Drive-Thru Potential
    Restaurant with Drive-Thru Potential

    111 Oakland Ridge Dr, Lake Orion, MI 48359

    $75,000

    Established Tubby’s restaurant for sale with an option to convert to a drive-thru in Oakland County.

    View details

    Addison Twp, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Addison Twp, MI on our real estate platform. These investment opportunities span a total of 1,506 square feet of properties for sale, with an estimated market value of $249,999.

    Sale prices for conventional restaurants in Addison Twp, MI average $249,999 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 4,548
    Population Growth (5Y) -2.9%
    Median Household Income $104,000
    College Educated 51.8%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

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