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    15952 Oakley Rd Chesaning, MI 48616

    For Sale
    $649,900

    1 to 4 Units - Chesaning, MI

    Property size:
    4,520 SF
    Lot size:
    1.21 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 15952 Oakley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    Commercial
    APN
    07-09-2-12-4004-001
    Parking features
    Parking Lot
    Patio and Porch features
    Patio, Deck
    Exterior features
    Deck/Patio, Fenced Yard
    Fencing
    Fenced
    Size
    4,520 SF
    Lot size
    1.21 Acres

    Utilities

    Heating system
    Forced Air, Zoned (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Lucy Ham Group Inc. (810) 659-6569 [email protected]

    Listing agent Lucy Ham (810) 659-6569 License #122522

    Listing date Aug 13, 2025

    MLS# 50152099 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant and Bar Opportunity

    This well-maintained restaurant and bar, established in 2011, is a turnkey opportunity. The property features spacious parking and sand volleyball courts, situated at the corner of M52 and M57 in a high-traffic area. The sale includes equipment valued at nearly $175,000, along with inventory, the business itself, real estate, a liquor license, an ATM machine, Keno monitors, seven TVs with surround sound, and a digital pole sign. The restaurant has a seating capacity of over 160 and a standing capacity of 453. Recent improvements include steel siding, a metal roof, two furnaces, two central air conditioning units, a kitchen addition, a septic system, a well, updated bathrooms and windows, a prep kitchen, a Generac generator, and an enclosed heated patio. The interior features wood floors. The 1.21-acre lot is located across from Taco Bell, McDonalds, Parkers Propane, and a BP Station, and is next to a Park N Ride. The building has 4520 square feet of living area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Back Forty Bar & Grill

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Bar & Pub Convenience Store Pawn Shop Bed & Breakfast Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Back Forty

    Location Insight

    • Map
    • Local Demand
    City
    Chesaning
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.167868
    Latitude
    43.182036

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    FAQs

    What type of property is this?
    Bar - Immaculate restaurant and bar with high traffic location.
    Where is this bar located?
    The property is located at 15952 Oakley Rd Chesaning, MI.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Established Turnkey Restaurant & Bar: Operating successfully since 2011 with a strong existing business.; - High-Traffic Location: Situated at the intersection of M52 and M57, ensuring excellent visibility and accessibility.; - Extensive Recent Improvements: Substantial upgrades including steel siding, metal roof, HVAC systems, kitchen addition, septic system, well, bathrooms, windows, prep kitchen, Generac generator, and enclosed heated patio.
    (810) 659-6569
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    15952 Oakley Rd Chesaning, MI 48616
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    Chesaning, MI 48616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15952 Oakley Rd Chesaning, MI 48616
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