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Turnkey Restaurant and Bar Opportunity
For Sale
$599,900

15952 Oakley Road, Chesaning, MI 48616

Well-maintained restaurant and bar with high traffic location.

Property Size4,520 SF
Lot Size1.21 Acres
Price / SF$132.72
Days on Market716

Property Features for 15952 Oakley Road

General Information

Standard status Active
Size 4,520 SF
Lot size 1.21 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1993
Listing Agency: Ham Group Realty
Listed By: Lucy W Ham · License #122522
Source: Exitrealty
Added: Aug 16, 2024 Changed: Jul 6 Last Checked: Aug 1 at 10:18AM

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 Ham Group Realty

Investment Insights

Based on property information with market context.

This meticulously maintained turnkey restaurant and bar, established in 2011, presents a prime commercial opportunity. The property features spacious parking and sand volleyball courts, situated at the high-traffic intersection of M52 and M57. The sale includes approximately $175,000 in equipment, inventory, the business itself, real estate, a liquor license, an ATM machine, Keno monitors, seven televisions with surround sound, and a digital pole sign. The restaurant has a seating capacity of over 160 and a standing capacity of 453. Recent major improvements include steel siding, a metal roof, two furnaces, two central air conditioning units, a kitchen addition, a septic system, a well, bathrooms, windows, a prep kitchen, a Generac generator, and an enclosed heated patio. The interior features wood floors. The property is located across from a Taco Bell, McDonalds, Parkers Propane, and a BP Station, and is next to a Park N Ride.

Key Highlights

  • Turnkey restaurant and bar with real estate, business, and liquor license included
  • High traffic location at the corner of M52 and M57
  • Significant recent improvements: steel siding, metal roof, furnaces, central air, kitchen addition, septic system, well, bathrooms, windows, prep kitchen, Generac generator, and enclosed heated patio

Property Analytics

Current Use

The Back Forty Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant Bed & Breakfast Bar & Pub

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

34
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 97% Shops & Services 3%
McDonald's Dining
19,682 visits/mo 0.1 miles
Taco Bell Dining
3,823 visits/mo 0.0 miles
Mel Ervin Ford, Inc. Shops & Services
653 visits/mo 0.4 miles

Demographics for 48616, MI

7,458
Population
3,226
Households
2.3
Avg Household Size
45
Median Age
14%
College-Educated
92%
High-School Grad
81.1 sq mi
ZIP Area
92
Density / Sq Mi
$67,801
Median Household Income
$39,141
Median Earnings
$744
Median Rent
$153,400
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
Rey
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Similar Off Market Nearby

  • The Back Forty — 15952 Oakley Rd, Chesaning, MI 48616

Frequently Asked Questions

What type of property is this?
Bar & Pub - Well-maintained restaurant and bar with high traffic location.
Where is this bar & pub located?
The property is located at 15952 Oakley Road Chesaning, MI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Turnkey restaurant and bar with real estate, business, and liquor license included; High traffic location at the corner of M52 and M57; Significant recent improvements: steel siding, metal roof, furnaces, central air, kitchen addition, septic system, well, bathrooms, windows, prep kitchen, Generac generator, and enclosed heated patio
More about this property
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