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Former Arena with Attached Restaurant
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3301 Davison Road, Lapeer, MI 48446

Former Polar Palace Arena featuring two large clear-span spaces and an attached restaurant with full modern kitchen.

Property SizeContact for details
Days on Market134

Property Features for 3301 Davison Road

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Signature Associates Southfield
Listed By: Joe Hamway · License #MI 6501244132
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:04PM

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 Signature Associates Southfield

Investment Insights

Based on property information with market context.

This property is a former Polar Palace Arena and includes two clear-span areas measuring 118' x 225' each. An attached 5,735-square-foot restaurant is also included, along with a full modern kitchen.

The building is located at 3301 Davison Road in Lapeer, Michigan. The configuration offers sizable open areas suitable for a variety of entertainment or event-oriented uses, while the on-site restaurant and commercial kitchen provide foodservice support within the same structure.

Public remarks also indicate possible suitability for a medical marijuana grow location. Interested parties should review permitting and compliance requirements for any intended use.

Key Highlights

  • Former Polar Palace Arena with two clear‑span areas
  • Each clear‑span area measures 118' x 225'
  • Building includes 5,735 sq. ft. restaurant space

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Building Supply Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Cafe & Coffee Shop

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

80
Businesses Nearby

Demographics for 48446, MI

30,788
Population
12,797
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
121.9 sq mi
ZIP Area
253
Density / Sq Mi
$66,382
Median Household Income
$40,263
Median Earnings
$976
Median Rent
$206,300
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?
Theater & concert hall - Former Polar Palace Arena featuring two large clear-span spaces and an attached restaurant with full modern kitchen.
Where is this theater & concert hall located?
The property is located at 3301 Davison Road Lapeer, MI.
What are key features of this property?
This property features: Former Polar Palace Arena with two clear‑span areas; Each clear‑span area measures 118' x 225'; Building includes 5,735 sq. ft. restaurant space
More about this property
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