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Equipped Restaurant With Event Space
For Sale
$1,500,000

16710 Lakeshore Road, New Buffalo, MI 49117

Established dining facility with commercial kitchen infrastructure, private rooms, patio service, and capacity for large gatherings.

Property Size121,471 SF
Price / SF$12.35
Days on Market64

Property Features for 16710 Lakeshore Road

General Information

Standard status Active
Size 121,471 SF
Property subtype Business Opportunity
Lease Term Cash, Conventional

Restaurant

Seating Capacity 300
Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $14,150

Building Details

Building Size 121,471 SF
Year Built 1927
Units 1
Listing Agency: RE/MAX Lakes
Listed By: Daniel T Kelley
Source: Sabudarealty
Added: Jun 22 Changed: Aug 23 Last Checked: Aug 23 at 7:05AM

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 RE/MAX Lakes

Investment Insights

Based on property information with market context.

This established restaurant property includes more than 5,000 square feet of commercial kitchen space configured for high-volume food preparation, catering, and special events. Equipment includes two prime rib cooking and warming ovens, three walk-in coolers, a walk-in freezer, a Hobart CRS 66 commercial dishwasher, multiple stoves, fryers, grills, and refrigerators. A separate area supports catering and buffet preparation.

The dining facility accommodates up to 300 guests across several dining areas and private dining rooms. The property also includes a full-service outdoor patio permit and a Class C Resort Liquor License, subject to State of Michigan approval for transfer. The restaurant is located at 16710 Lakeshore Road in New Buffalo, Michigan.

Key Highlights

  • >5,000 SF of commercial kitchen space
  • Dining facility accommodates up to 300 guests
  • Two prime rib cooking/warming ovens and three walk‑in coolers

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

66
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

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 - Established dining facility with commercial kitchen infrastructure, private rooms, patio service, and capacity for large gatherings.
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 SF of commercial kitchen space; Dining facility accommodates up to 300 guests; Two prime rib cooking/warming ovens and three walk‑in coolers
More about this property
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