Leonard, MI Conventional restaurants for sale

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.

View details

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

Updated: Apr 21

Equipped Lakeside Restaurant Business

503 LAKEVILLE Road Unit SourceFi, Leonard, MI 48367

$130,000

1,506 sqft

1,506‑square‑foot restaurant business
Lakeville Lake setting at 503 Lakeville Road
Liquor license included
Pizza oven, meat slicer, freezer, refrigerator, and stove included
Dedicated office area

View details

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Leonard, 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.

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

Restaurant Property With Workshop

62840 VAN DYKE Rd, Washington, MI 48094

$725,000

Fire-damaged restaurant building includes a separate storage workshop and single-family residence.

View details

Operating Restaurant Business

66603 Van Dyke Rd, Washington, MI 48095

$175,000

Kitchen equipment, dining space, and operational infrastructure are in place within the leased location.

View details

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

Leonard, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Leonard, MI on our real estate platform. These investment opportunities span a total of 3,012 square feet of properties for sale, with an estimated market value of $379,999.

Sale prices for conventional restaurants in Leonard, MI start at $130,000, averaging $189,999, and reaching up to $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.

Leonard, MI Conventional Restaurants for Sale

503 LAKEVILLE Road, Addison Twp, MI 48367

503 LAKEVILLE Road Unit SourceFi, Leonard, MI 48367