Turnkey Restaurant with US-23
For Lease
$575,000
600 E Bay St, East Tawas, MI 48730
Turnkey restaurant opportunity with furniture, fixtures, equipment, and a Resort Class C liquor license included.
Space SizeContact for details
Days on Market36
Property Features for 600 E Bay St
General Information
Standard status
Active
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1960
Listing Agency:
Tawas Sunshine Realty Co., Inc.
(989) 387-8100
Listed By:
CRAIG MCMURRAY
(989) 387-8100
Source:
Elliman
Added: Jul 2
Changed: Jul 20
Last Checked: Aug 6 at 6:18AM
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 Tawas Sunshine Realty Co., Inc.
Investment Insights
Based on property information with market context.
This turnkey restaurant opportunity is offered with included furniture, fixtures, equipment, and an inventory/equipment list available at the listing office. The transaction also includes the liquor license, business name, and goodwill, and a Resort Class C liquor license is noted as included.
The property has high-visibility frontage on US-23 in East Tawas. Private parking spaces are included on-site, and additional parking is provided by the City of East Tawas along Alice Street.
A lot on Lake Huron is noted as potentially available for an additional price.
The property has high-visibility frontage on US-23 in East Tawas. Private parking spaces are included on-site, and additional parking is provided by the City of East Tawas along Alice Street.
A lot on Lake Huron is noted as potentially available for an additional price.
Key Highlights
- Turnkey restaurant opportunity with all furniture, fixtures, and equipment included
- Resort Class C liquor license included in the sale
- Liquor license, business name, and goodwill included in the sale
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 39%
Electronics 4%
Ben Franklin
Shops & Services
8,209 visits/mo
0.1 miles
Little Caesars Pizza
Dining
4,853 visits/mo
0.5 miles
Hungry Howie's Pizza
Dining
1,259 visits/mo
0.1 miles
AT&T
Electronics
634 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
537 visits/mo
0.2 miles
Demographics for 48730, MI
4,443
Population
3,536
Households
1.3
Avg Household Size
55
Median Age
24%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,993
Median Household Income
$31,478
Median Earnings
$608
Median Rent
$139,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant opportunity with furniture, fixtures, equipment, and a Resort Class C liquor license included.
Where is this conventional restaurant located?
The property is located at 600 E Bay St East Tawas, MI.
What is the lease rate?
The lease rate is $575,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with all furniture, fixtures, and equipment included; Resort Class C liquor license included in the sale; Liquor license, business name, and goodwill included in the sale
