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Turnkey Restaurant and Bar
For Sale
$599,900

15952 OAKLEY RD, Chesaning, MI 48616

Turnkey restaurant and bar with wood floors, expansive seating, and extensive recent upgrades throughout the kitchen and building.

Property Size4,520 SF
Price / SF$132.72
Days on Market751

Property Features for 15952 OAKLEY RD

General Information

Standard status Active
Size 4,520 SF
Property subtype Industrial

Additional Details

Business Included Yes
Liquor License Yes

Amenities

Central Air
3
Metal
231330

Building Details

Year Built 1993
Listing Agency: Ham Group Realty
Listed By: Lucy Ham · License #122522
Source: Xome
Added: Aug 6, 2024 Changed: Aug 12 Last Checked: Aug 26 at 6:49AM

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 beautifully maintained, turnkey restaurant and bar has operated since 2011 and includes significant in-place equipment and operating components. The interior features wood floors and supports a large guest capacity, with seating capacity of over 160 and standing capacity of 453. Improvements and building updates noted include steel siding, a metal roof, two furnaces, two central air units, a kitchen addition, upgraded bathrooms and windows, a prep kitchen, septic system, and well. Additional operational features include a Generac generator, enclosed heated patio, digital pole sign, ATM machine, Keno monitors, and seven TVs with surround sound.

The property is located at the corner of M52 and M57 in a high-traffic area, with nearby businesses including Taco Bell, McDonald’s, Parkers Propane, and a BP station. It is also described as next to a Park N Ride, and offers spacious parking plus sand volleyball courts.

The seller notes nearly $175,000 in equipment alone plus inventory, and includes the business, real estate, liquor license, and additional operating items. Owner transition training is available as part of the transition.

Key Highlights

  • Turnkey restaurant and bar with wood floors and seating for 160+ and 453 standing capacity
  • Nearly $175,000 in restaurant/bar equipment plus inventory, liquor license, and ATM machine included
  • Major recent improvements include steel siding, metal roof, 2 furnaces, and 2 central A/C units

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.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
McDonald's Dining
19,682 visits/mo 0.3 miles
Taco Bell Dining
3,823 visits/mo 0.3 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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with wood floors, expansive seating, and extensive recent upgrades throughout the kitchen and building.
Where is this conventional restaurant located?
The property is located at 15952 OAKLEY RD 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 wood floors and seating for 160+ and 453 standing capacity; Nearly $175,000 in restaurant/bar equipment plus inventory, liquor license, and ATM machine included; Major recent improvements include steel siding, metal roof, 2 furnaces, and 2 central A/C units
More about this property
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