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Profitable Restaurant with Class C License
For Sale
Contact for pricing
Pending

23018 S Shore Drive, Edwardsburg, MI 49112

Established restaurant for sale with property, equipment, and license.

Property Size3,967 SF
Lot Size1.50 Acres
Days on Market468

Property Features for 23018 S Shore Drive

General Information

Standard status Pending
Size 3,967 SF
Lot size 1.50 Acres
Property subtype Retail
Zoning Commercial
Occupancy 100%

Building Details

Year Built 1960
Year Renovated 1997
Buildings 1
Stories 1
Units 1
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber Edwardsburg
Listed By: JERRY BOLOCK · License #6501316241
Source: Crexi
Added: May 1, 2025 Changed: Aug 8 Last Checked: Jul 24 at 6:25AM

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 Coldwell Banker Commercial Roth Wehrly Graber Edwardsburg

Investment Insights

Based on property information with market context.

The property presents an opportunity to own a restaurant. Situated on over 1.5 acres, the property offers space for outside dining. The building includes 3500 sq ft upstairs and 3500 sq ft downstairs, with an additional full-service bar. The restaurant has been a destination for fine meals since 1960, originally operating as Eagle Park Inn. It has been operating as Stacy's since 1990 and has a thriving, profitable business. The sale includes the property, building, all equipment, and a Class C license. The property size is 3967 square feet.

Key Highlights

  • Thriving, profitable restaurant business included with the property.
  • Includes real estate, building, all equipment, and a Class C liquor license.
  • Over 1.5 acres of land with room for outside dining.

Property Analytics

Current Use

Stacy's Food & Spirits Restaurant

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49112, MI

10,506
Population
4,631
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
43.7 sq mi
ZIP Area
240
Density / Sq Mi
$61,941
Median Household Income
$42,234
Median Earnings
$998
Median Rent
$231,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant for sale with property, equipment, and license.
Where is this conventional restaurant located?
The property is located at 23018 S Shore Drive Edwardsburg, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Thriving, profitable restaurant business included with the property.; Includes real estate, building, all equipment, and a Class C liquor license.; Over 1.5 acres of land with room for outside dining.
(574) 298-6730 Call to check price and availability
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