Brewery Restaurant
For Sale
$595,000
6352 N Lake Shore Drive, Harbor Springs, MI 49740
Includes indoor dining, a covered outdoor bar and dining area, offices, conference space, and basement storage.
Days on Market514
Property Features for 6352 N Lake Shore Drive
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Additional Details
Road Access
Yes
Patio
Yes
Amenities
indoor dining room
outdoor covered bar/dining area
office/conference room
prep kitchen
Building Details
Building Size
3,797 SF
Buildings
1
Tenancy
Single
Listing Agency:
Graham Real Estate
(231) 881-7303
Listed By:
Kevin Olson
(231) 881-7303
Source:
Patobrien
Added: Mar 5, 2025
Changed: Jul 31
Last Checked: Jul 31 at 4:38PM
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 Graham Real Estate
Investment Insights
Based on property information with market context.
Currently operating as a brewery restaurant, this modern building includes an indoor dining room and a covered outdoor bar and dining area. The upper level provides office and conference space with a full bathroom, while the basement offers room for an additional prep kitchen and ample storage.
The property is situated along M-119 in a destination area that attracts visitors for beaches, studios, farms, shops, biking, snowmobiling, fall colors, and other northern Michigan activities. A large lot provides space for outdoor dining, additional activities, or potential expansion, subject to applicable approvals.
The property is situated along M-119 in a destination area that attracts visitors for beaches, studios, farms, shops, biking, snowmobiling, fall colors, and other northern Michigan activities. A large lot provides space for outdoor dining, additional activities, or potential expansion, subject to applicable approvals.
Key Highlights
- Currently operating as a brewery restaurant
- Indoor dining room plus covered outdoor bar and dining area
- Upper‑level office and conference room with full bathroom
Financial Insights For Industrial
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 | $76.1k | $20.04 |
| − Vacancy | −$5.3k | −$1.40 |
| EGI | $70.8k | $18.64 |
| − OpEx | −$21.2k | −$5.59 |
| NOI | $49.5k | $13.05 |
3,797 SF · lease $20.04/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$707.7K
$619.2K – $825.6K
NOI $49,536 @ 7.0% cap · market cap 8.33%
Second Best
Office B
$649.5K
$568.3K – $757.7K
NOI $45,462 @ 7.0% cap · market cap 7.64%
Theoretical Best
Warehouse
$859.3K
$751.9K – $1.00M
NOI $60,151 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 49740, MI
7,511
Population
6,057
Households
1.2
Avg Household Size
55
Median Age
46%
College-Educated
97%
High-School Grad
124.9 sq mi
ZIP Area
60
Density / Sq Mi
$85,230
Median Household Income
$38,820
Median Earnings
$997
Median Rent
$332,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Includes indoor dining, a covered outdoor bar and dining area, offices, conference space, and basement storage.
Where is this brewery located?
The property is located at 6352 N Lake Shore Drive Harbor Springs, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Currently operating as a brewery restaurant; Indoor dining room plus covered outdoor bar and dining area; Upper‑level office and conference room with full bathroom
