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Restaurant Property with Event Dining
For Sale
$1,500,000

16710 Lakeshore Road, New Buffalo, MI 49117

Commercial Sale, New Buffalo, MI

Property Size121,471 SF
Lot Size2.45 Acres
Price / SF$12.35
Days on Market86

Property Features for 16710 Lakeshore Road

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 1, Bathroom 2, Bathroom 3
Elementary school district New Buffalo
Middle school district New Buffalo
High school district New Buffalo
Directions Red Arrow Highway North of New Buffalo and South of Union Pier, Corner of Lakeshore Road and Red Arrows Highway
Standard status Active
APN 11-13-0336-0044-03-0
Size 121,471 SF
Lot size 2.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Long Legal LO
Tax Annual Amount 14150
Legal Description Long Legal LO

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1927
Number of units 1
Building materials Brick, Stone
Roof type Composition, Rubber
Listing Agency: RE/MAX Lakes
Listed By: Daniel T Kelley
Added: Jun 22 Changed: Sep 12 Last Checked: Sep 15 at 1:06AM
MLS# 26031033

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property includes more than 5,000 square feet of commercial kitchen space, dining areas, private dining rooms, and capacity for up to 300 guests. The kitchen includes two prime rib cooking and warming ovens, three walk-in coolers, a walk-in freezer, a Hobart CRS 66 dishwasher, multiple stoves, fryers, grills, and refrigerators, plus a dedicated catering and buffet preparation area. The sale includes the real estate, established business, fixtures, equipment, Class C Resort Liquor License, and Outdoor Full-Service Patio Permit, subject to State of Michigan approval of the license and permit transfer.

The property occupies approximately 121,471 square feet and offers nearly 500 feet of frontage on Red Arrow Highway, with access from I-94. Built in 1927, the building features brick and stone construction, forced-air heating, central air, and rubber and composition roofing. A farmers market operates on the property from May through October.

Key Highlights

  • >5,000 square feet of commercial kitchen space with dedicated catering and buffet preparation area
  • Dining facility accommodates up to 300 guests with private dining rooms
  • Three walk‑in coolers, walk‑in freezer, and Hobart CRS 66 commercial dishwasher

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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
Highway access
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49117, MI

3,710
Population
3,790
Households
1
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
195
Density / Sq Mi
$75,268
Median Household Income
$48,056
Median Earnings
$749
Median Rent
$448,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Commercial kitchen infrastructure supports high-volume dining, catering, and private functions.
Where is this conventional restaurant located?
The property is located at 16710 Lakeshore Road New Buffalo, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: >5,000 square feet of commercial kitchen space with dedicated catering and buffet preparation area; Dining facility accommodates up to 300 guests with private dining rooms; Three walk‑in coolers, walk‑in freezer, and Hobart CRS 66 commercial dishwasher
More about this property
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