Profitable Tavern with Real
11935 Lennon Rd, Lennon, MI 48449
Turnkey bar and restaurant with real estate and liquor license.
Type:Retail
Property size:
2,166 SFLot size:
0.24 AcresPrice / SF:
$120/SF- Added:
- May 9, 2025
- Days on Market:
- 424
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 11935 Lennon Rd
General Information
- Standard status
- Active
- Size
- 2,166 SF
- Lot size
- 0.24 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing office TDG Commercial
Listing date May 9, 2025
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 TDG Commercial
HighLights
- Turnkey bar and restaurant business with real estate, liquor license (Class C), and all FF&E included.
- Profitable, long‑standing business with a loyal customer base and five‑star Google reviews.
- High‑visibility corner lot location with ample parking and easy access to Flint, Durand, and I‑69.
- Fully equipped commercial kitchen with fryers, grill, walk‑in freezer, and commercial refrigeration.
- Second floor offers value‑add opportunity for additional rental income.
- Includes bar space with pool tables, jukebox, Keno, pull tabs, and alcohol inventory.
Overview
The Midway Tavern, a long-standing and profitable bar and restaurant, is available for purchase, including the real estate. Located at 11935 Lennon Rd in Lennon Village, Michigan, this turnkey operation includes the business, building, Class C liquor license, and all furniture, fixtures, and equipment. The property has operated successfully for decades and features five-star Google reviews and a loyal customer base. Situated on a high-visibility corner lot, the property includes approximately 2,166 square feet of interior space across two floors on 0.24 acres. The built-out commercial kitchen includes two fryers, a grill, a walk-in freezer, a vertical commercial freezer, and commercial refrigeration. The second floor offers an opportunity to finish the space for additional rental income. The bar space includes two pool tables, a jukebox, Keno and pull tabs, and thousands of dollars in alcohol inventory. There is also room to expand or add new offerings. The site boasts excellent signage, ample parking, and strategic access to nearby Flint, Durand, and I-69. This sale includes everything needed to continue operations seamlessly or rebrand to fit your vision. It can be purchased as a package with 111 E Main St, Flushing, MI (Skip’s Comeback Inn).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $14.40 |
| − Vacancy | −$5.6k | −$2.58 |
| EGI | $25.6k | $11.82 |
| − OpEx | −$6.4k | −$2.96 |
| NOI | $19.2k | $8.87 |
2,166 SF · lease $14.40/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$274.4K
$240.1K – $320.1K
NOI $19,205 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.8K
$398.8K – $531.8K
NOI $31,905 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Midway Tavern
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Lennon
- County
- Genesee
- State
- Michigan
- Longitude
- -83.93075
- Latitude
- 42.984596
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Turnkey bar and restaurant with real estate and liquor license.
Where is this bar & pub located?
The property is located at 11935 Lennon Rd Lennon, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Turnkey bar and restaurant business with real estate, liquor license (Class C), and all FF&E included.; Profitable, long‑standing business with a loyal customer base and five‑star Google reviews.; **High‑visibility corner lot location with ample parking and easy access to Flint, Durand, and I‑69.**
