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Turn-Key Restaurant & Bar with Liquor License
For Sale
$499,900

101 W Saint Joseph Street, Lawrence, MI 49064

COMMERCIAL - Lawrence, MI

Property Size5,952 SF
Lot Size0.22 Acres
Price / SF$83.99
Days on Market64

Property Features for 101 W Saint Joseph Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 2, Bathroom 5, Basement, Bathroom 4, Bathroom 3
Parking 25
Elementary school district Lawrence
Middle school district Lawrence
High school district Lawrence
Directions FROM I-94 TAKE THE LAWRENCE EXIT (#52) AND HEAD NORTH ON 52ND ST/N CR 365 TO MAIN LIGHT IN TOWN. BUILDING IS ON THE SW CORNER OF W. ST. JOSEPH AND S. PAW PAW ST.
Standard status Active
APN 80-44-349-006-20
Size 5,952 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Attatched
Tax Annual Amount 1700
Legal Description Attatched

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1890
Number of units 1
Building materials Wood Siding, Brick
Listing Agency: RE/MAX Lakeshore
Listed By: Nicholas Stegman
Added: Jun 5 Changed: Aug 4 Last Checked: Aug 7 at 9:06AM
MLS# 26027525

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turn-key restaurant and bar is offered for sale as a fully operational business at approximately 5,952 square feet on a 0.22-acre lot. The sale includes the Class C liquor license, bar and kitchen equipment, inventory, and furnishings, supporting a seamless transition. Recent owner investments include a new furnace and central air systems, updated electrical and plumbing, new windows, an upgraded sound system, a custom bar top, and a modern touchscreen POS system. The kitchen has also been improved with quality equipment and functional upgrades, along with a spacious bar and comfortable dining area.

Located at 101 W Saint Joseph Street in Lawrence, Michigan (Van Buren County), the Freedom Bar & Grill is presented as a downtown offering and includes the town’s only Class C liquor license, positioned as a distinctive factor for the business.

The property is configured to support restaurant and bar operations, with existing dining and bar spaces and in-place supporting systems and equipment included in the sale.

Key Highlights

  • Fully operational restaurant and bar sale includes the town's only Class C liquor license, plus bar and kitchen equipment, inventory, and furnishings
  • Recent upgrades include new furnace and central air systems, updated electrical and plumbing, and new windows
  • Kitchen improvements include quality equipment and functional upgrades

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Plumbing Service Auto Parts Store Hair Salon Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49064, MI

3,854
Population
1,746
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
80%
High-School Grad
48.1 sq mi
ZIP Area
80
Density / Sq Mi
$61,863
Median Household Income
$38,115
Median Earnings
$756
Median Rent
$163,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational restaurant and bar with Class C liquor license and included equipment, inventory, and furnishings.
Where is this conventional restaurant located?
The property is located at 101 W Saint Joseph Street Lawrence, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Fully operational restaurant and bar sale includes the town's only Class C liquor license, plus bar and kitchen equipment, inventory, and furnishings; Recent upgrades include new furnace and central air systems, updated electrical and plumbing, and new windows; Kitchen improvements include quality equipment and functional upgrades
More about this property
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