Building Details

Year Built 1912

Stories 2

Listing Agency: KW Showcase Realty t***@kw.com Show Phone

Listed By: Thomas Gaunt · License #6501387074

Source: Xome

Added: Nov 26, 2024 Changed: Aug 30 Last Checked: Aug 31 at 2:13PM

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Investment Insights

Based on property information with market context.

Built in 1912, this restaurant property includes an established dining and tavern operation with seating for 82 guests. The premises have remained closed for several years but are being offered with the restaurant equipment, inventory, and appliances serving the two rental units above. A carryout license is included, while the liquor license is available separately.

The building is located at 28080 Waltz Road in Huron Township, Michigan. A new roof was installed in July 2024, and the property includes asphalt surfaces and outdoor lighting. The upstairs residences provide additional space within the building and are equipped with their own appliances.

Key Highlights

• Restaurant and tavern property with seating capacity of 82
• Two rental units located above the restaurant
• New roof installed in July 2024

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Building Supply Big Box & Wholesale Store Auto Repair Shop Barber Shop Daycare Center

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48164, MI

9,676

Population

3,625

Households

2.7

Avg Household Size

44

Median Age

25%

College-Educated

94%

High-School Grad

30.3 sq mi

ZIP Area

319

Density / Sq Mi

$111,173

Median Household Income

$57,148

Median Earnings

$1,495

Median Rent

$313,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Intact restaurant property with carryout licensing, retained inventory, and two upstairs rental units.

Where is this conventional restaurant located?

The property is located at 28080 WALTZ Road Huron Twp, 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: Restaurant and tavern property with seating capacity of 82; Two rental units located above the restaurant; New roof installed in July 2024