12227 Seymour Road, Grass Lake, MI 49240
Fully operational restaurant and bar in high-traffic recreational area.
- Added:
- May 22, 2026
- Days on Market:
- 7
- Last Refresh:
- May 27 at 8:20 am
Property Features for 12227 Seymour Road
General Information
- Standard status
- Active
- Size
- 3,414 SF
- Lot size
- 1.09 Acres
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1993
Listing agent Charlie Koenn License #MI 6502350220
Listing office Swisher Commercial (734) 926-0230
Listing date May 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Swisher Commercial
HighLights
- Fully operational restaurant/bar in the heart of the Waterloo Recreation Area.
- Well‑maintained and fully equipped commercial kitchen with stainless prep lines, hood system, fryers, burners, refrigeration, and pass‑through window.
- Covered patio dining pavilion with wood beam construction and brick pavers.
- Ample parking and easy access from Seymour Rd, including horse 'parking' from Waterloo Trail.
- C‑1 zoning supports restaurant, bar, retail, and other commercial uses.
- Landscaped grounds with a decorative pond, lounge area, and fenced patio.
Overview
Financial Insights
Value Estimation Calculated for Specialty Retail
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.1k | $13.80 |
| − Vacancy | −$3.9k | −$1.13 |
| EGI | $43.2k | $12.67 |
| − OpEx | −$10.8k | −$3.17 |
| NOI | $32.4k | $9.50 |
Alternative Use Scenarios
Current Use by Public Records
Similar Places Nearby
- Portage Lake Parlor — 12227 Seymour Rd, Grass Lake, MI 49240
Location Insight
- Map
- Local Demand
- City
- Grass Lake
- County
- Jackson
- State
- Michigan
- Longitude
- -84.22453
- Latitude
- 42.32259