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    900 Caberfae Hwy Eastlake, MI 49626

    New
    For Sale
    $399,000

    SINGLE_FAMILY - Eastlake, MI

    Type:Retail
    Property size:
    4,300 SF
    Lot size:
    2.10 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 900 Caberfae Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement, Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    37-006-047-00
    Interior features
    Broadband
    Size
    4,300 SF
    Lot size
    2.10 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    1
    Building materials
    Wood Siding
    Roof type
    Composition, Rubber

    LIGHTHOUSE REALTY-Manistee (231) 398-3800

    Listing agent Bob Cooke (616) 218-6040

    Listing date Dec 1, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hospitality Opportunity on Caberfae Highway

    Located at 900 Caberfae Hwy, this 4,300 sq ft commercial building offers a hospitality opportunity with high visibility and consistent year-round traffic. The property includes three MLCC licenses: Class C (dance & entertainment), SDD (package liquor), and SMD (package beer & wine). The interior provides a customizable space with seating for over 160 people across a main dining area, a spacious bar, a banquet room, and an outdoor patio. Situated on 2.1 acres, the property is located along the Manistee-to-Cadillac corridor, near Meijer, Little River Casino, Caberfae Peaks, and numerous lakes and rivers, attracting local and tourist activity, including skiers, hunters, snowmobilers, and anglers. The property features ADA access and ample parking. Recent mechanical upgrades include two new AC units, a new furnace, and new condensers for the cooler and freezer. All FF&E has been removed, providing a ready-to-design foundation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Eastlake
    County
    Manistee
    State
    Michigan
    Longitude
    -86.284024
    Latitude
    44.25129

    FAQs

    What type of property is this?
    Restaurant - Well-maintained commercial building with high visibility and traffic.
    Where is this restaurant located?
    The property is located at 900 Caberfae Hwy Eastlake, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Three valuable MLCC licenses included: Class C (dance & entertainment), SDD (package liquor), and SMD (package beer & wine).; - High-traffic location on the Manistee-to-Cadillac corridor, attracting both local and tourist activity near Meijer, Little River Casino, and Caberfae Peaks.; - Large 4,300 sq ft commercial building with seating capacity for 160+ across multiple areas (dining, bar, banquet room, patio).
    (616) 218-6040
    Request Owner's contact information
    900 Caberfae Hwy Eastlake, MI 49626
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    Eastlake, MI 49626
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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
    900 Caberfae Hwy Eastlake, MI 49626
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