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    Grass Lake, MI
    Conventional Restaurant

    Grass Lake, MI Conventional Restaurants for Sale

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    Turnkey Restaurant and Residential Property
    Updated: May 14
    Turnkey Restaurant and Residential Property

    12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    5,310 sqft 1.09 AC lot
    Turnkey, fully operational restaurant/bar with a well‑equipped kitchen, bar infrastructure, and indoor/outdoor seating.
    Includes a separate, well‑maintained 1,896 sq ft single‑family residence.
    Located in the high‑traffic Waterloo Recreation Area, near lakes, campgrounds, and state land.
    C‑1 commercial zoning supports a variety of uses including restaurant, bar, and retail.
    Extensive outdoor amenities including a covered patio, picnic area, smoker station, landscaped grounds, and ample parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    12229 Seymour Road, Grass Lake, MI 49240

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $721K
      Suggested

    • Property Type

      Single Family Residence
      Built 1950
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    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.
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    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.

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    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.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Grass Lake, 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 and Banquet Facility For Sale
    Restaurant and Banquet Facility For Sale

    3705 Ann Arbor Rd, LeoniTownship_, Jackson, MI 49202

    $600,000
    2.00 AC lot

    Family-friendly sports restaurant and banquet facility with seating for 300.

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    Turnkey Mexican Restaurant
    Turnkey Mexican Restaurant

    1105 E Ganson Street, Jackson, MI 49201

    $45,000
    3,000 sqft

    Redone restaurant space with newer kitchen equipment and ample off-street parking for takeout-focused operations.

    View details
    Redevelopment Restaurant and Retail Buildings
    Redevelopment Restaurant and Retail Buildings

    122 S Clinton Street, Stockbridge, MI 49285

    $450,000
    16,967 sqft

    Two historic buildings provide a one-story open floor and attached mixed-use shell in the central business district.

    View details
    Renovated Historic Building on Trail
    Renovated Historic Building on Trail

    915 South Clinton Street, Stockbridge, MI 49285

    $325,000

    Renovated building on the Mike Levine Lakeland Trail.

    View details

    Grass Lake, MI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Grass Lake, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,448 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for conventional restaurants in Grass Lake, MI start at $500,000, averaging $625,000, and reaching up to $750,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 4
    Conventional restaurants 4
    Commercial kitchens 1

    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 $625K

    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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