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    15952 Oakley Rd Chesaning, MI 48616

    Sponsored
    For Sale
    $749,900

    Turnkey Restaurant & Bar, High Traffic Location

    Property size:
    4,520 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4,520 square foot industrial property, situated on a 1.21-acre lot in Chesaning, Michigan, presents a unique investment opportunity. Located at the highly visible corner of M52 and M57, this turnkey restaurant and bar boasts a prime location with significant foot traffic. Established in 2011, the property includes nearly $175,000 worth of equipment, inventory, and a liquor license, all contributing to a healthy gross sales history. The building itself has undergone extensive recent renovations, including a new steel siding and metal roof, two furnaces, two central air conditioning units, a kitchen addition, a completely updated septic system and well, new bathrooms and windows, a dedicated prep kitchen, and a Generac generator. Further enhancing its appeal is an enclosed heated patio, providing ample seating for over 160 patrons, with a standing capacity exceeding 453. The interior features attractive wood floors. The property also includes amenities such as spacious parking and sand volleyball courts. Its strategic location places it directly across from Taco Bell, McDonald's, Parkers Propane, and a BP gas station, and adjacent to a Park N Ride, ensuring high visibility and accessibility. The sale includes an ATM machine and Keno monitors, along with seven televisions equipped with surround sound and a digital pole sign. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The asking price is $749,900.

    Property Features for 15952 Oakley Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    4,520 SF
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1993
    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chesaning
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.16951
    Latitude
    43.18753

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    Nearby Similar for Sale

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      Turnkey Restaurant and Bar Opportunity

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      15952 Oakley Rd, Chesaning, MI 48616
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      Industrial Garage Space in Chesaning

      4,500 SF industrial garage space for sale in Chesaning.
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    FAQs

    What type of property is this?
    Industrial property - Turnkey Restaurant & Bar, High Traffic Location
    Where is this industrial property located?
    The property is located at 15952 Oakley Rd Chesaning, MI.
    What is the asking price?
    The asking price for this property is $749,900.
    (810) 659-6569
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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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