Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    700 S Lapeer Rd Lake Orion, MI 48362

    For Sale
    $149,900

    Highly successful Tubby's Sub franchise in prime downtown location.

    Lot size:
    2.43 Acres

    Property Features for 700 S Lapeer Rd

    General Information

    Lot size
    2.43 Acres

    Building Details

    Year built
    1986

    Source: 365 REALTY Agent Wisam A Putrus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Tubby's Sub Franchise Opportunity

    This is a Tubby's Sub franchise shop located in downtown Lake Orion on Lapeer Rd. The business has been operating for 18 years and grosses $25,000 a month. Rent and expenses, including all utilities, total $4,350. The dining area has 16 seats. There is potential for growth in catering and party business. The inventory is valued at approximately $5,000. The business hours are Monday through Saturday 10 AM to 9 PM, and Sunday 11 AM to 7 PM. Support and training are provided by Tubby's corporate office. This is an easy to operate and very profitable business with low overhead.
    Location Intelligence

    Current Use by Public Records

    Tubby's Sub Shop Caterer XL Fireworks Gift Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Orion
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2398818
    Latitude
    42.773357

    Nearby Similar for Sale

    • $1,750,000
      12,000 SF

      Versatile Commercial Complex in Lake Orion

      12,000 SF commercial/light industrial complex on 2.09 acres.
      4800 Joslyn Rd, Lake Orion, MI 48359
      View Details
    • $1,500,000
      6,809 SF

      Historic Restaurant with Lake Views

      Versatile restaurant with lake views, multiple dining rooms, and updates.
      801 S Lapeer Rd, Lake Orion, MI 48362
      View Details
    • Contact for pricing
      472,515 SF

      Detroit Infill Industrial Portfolio

      472,515 SF industrial portfolio in the Detroit MSA.
      320 Engelwood Dr, Lake Orion, MI 48359
      View Details
    • $1,500,000
      4,560 SF

      Single Tenant Office Building

      4,560 SF office building, 100% occupied by credit tenant.
      200 E Silverbell Rd, Lake Orion, MI 48359
      View Details
    • New
      $110,000
      2,200 SF

      Established Restaurant Business Opportunity

      Established restaurant for sale in Oakland County, Lake Orion.
      111 Oakland Rd, Lake Orion, MI 48359
      View Details
    • $500,000
      1,505 SF

      Auto Repair Shop on M24

      Auto repair shop with expansion potential on 1.24 acres.
      30 W Clarkston Rd, Lake Orion, MI 48362
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Highly successful Tubby's Sub franchise in prime downtown location.
    Where is this turn key restaurant located?
    The property is located at 700 S Lapeer Rd Lake Orion, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Highly profitable Tubby's Sub franchise in a **prime downtown Lake Orion location on Lapeer Rd.**; - Established business with 18 years of operation and $25,000 monthly gross revenue.; - Low overhead with rent and expenses at $4,350 including all utilities.
    (248) 722-1614
    Request Owner's contact information
    700 S Lapeer Rd Lake Orion, MI 48362
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 S Lapeer Rd
    Lake Orion, MI 48362
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    700 S Lapeer Rd Lake Orion, MI 48362
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.