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    6400 Detroit St Otter Lake, MI 48464

    Sponsored
    For Sale
    $190,000

    Business And Real Estate - Otter Lake, MI

    Property size:
    3,200 SF
    Lot size:
    0.19 Acres
    Days on Market:
    50
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 6400 Detroit St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    04765200700
    Size
    3,200 SF
    Lot size
    0.19 Acres

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    CMS Realty (248) 840-9624 [email protected]

    Listing agent Colleen K Strader (248) 221-2428

    Listing date Nov 17, 2025

    MLS# 20251018875 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Diner and Ice Cream Shop

    This is a chance to acquire a meticulously clean and fully functional diner and ice cream shop. The property features both indoor and outdoor dining areas. Parking is ample, with additional space available at a nearby Village lot. Situated in the heart of the Village of Otter Lake, the property is located across the street from the Village campground and close to the Southern Lakes Trail Way. The building has a new HVAC system with central AC, new exterior paint, and a new roof. The property size is 3200 square feet, situated on a lot of 0.19 acres. This commercial property is zoned for commercial use and is located in Otter Lake, MI. This property presents a business opportunity for someone to take over and start working.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jaspers Dine & Dip Restaurant

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Department Store Food Market Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Otter Lake
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.458273
    Latitude
    43.213441

    Nearby Similar for Sale

    • $190,000
      3,200 SF

      Diner/Ice Cream Shop Opportunity

      Turn-key diner/ice cream shop in Otter Lake, Michigan.
      6400 Detroit St, Otter Lake, MI 48464
      View Details
    • $5,750,000
      6,900 SF

      Otter Lake Industrial Complex

      Turnkey Mining Operation, 128 Acres
      4253 Otter Lake Rd, Otter Lake, MI 48464
      View Details

    FAQs

    What type of property is this?
    Breakfast & diner - Turn-key diner and ice cream shop in Otter Lake, MI.
    Where is this breakfast & diner located?
    The property is located at 6400 Detroit St Otter Lake, MI.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Fully functional diner/ice cream shop ready for immediate operation.; - Prime location in the heart of Otter Lake, near campground and Southern Lakes Trail Way.; - Indoor and outdoor dining areas.
    (248) 840-9624
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    Otter Lake, MI 48464
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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
    6400 Detroit St Otter Lake, MI 48464
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