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Restaurant with Attached Garage

1951 Indian Lake Road, National City, MI 48748

For Sale
New
$469,999

Restaurant equipment, updated building systems, and 400-amp electrical service support commercial operations.

Property Size4,140 SF
Price / SF$113.53
Days on Market7

Property Features for 1951 Indian Lake Road

General Information

Standard status Active
Size 4,140 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Liquor License Yes

Building Details

Building Size 4,140 SF
Year Built 1974
Listing Agency: Real Estate One Great Lakes Bay
Listed By: Stephanie Filer
Source: Case-realty
Added: Nov 3 Changed: Nov 7 Last Checked: Nov 8 at 2:21PM

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 Real Estate One Great Lakes Bay

Rey
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Investment Insights

Based on property information with market context.

Configured for restaurant use, the property includes 4,140 square feet and an attached garage. Building updates include newer windows and garage doors, refreshed bathrooms, interior and exterior paint, a newer furnace, air conditioning, water heater, plumbing, and freezer condensers. Electrical service is 400 amps. A liquor license is included, subject to approval and transfer.

The property is 10 miles from Tawas City and Lake Huron. Its surrounding area includes seven inland lakes, campgrounds, and ORV trails. Commercial zoning is in place.

Key Highlights

  • 4,140‑square‑foot restaurant property with an attached garage
  • 400‑amp electrical service
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Galli's family restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Parking Lot & Garage Electrical Service Grocery & Convenience Store Restaurant

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

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48748, MI

1,678
Population
1,817
Households
0.9
Avg Household Size
58
Median Age
16%
College-Educated
89%
High-School Grad
40.0 sq mi
ZIP Area
42
Density / Sq Mi
$53,409
Median Household Income
$31,645
Median Earnings
$637
Median Rent
$142,700
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant equipment, updated building systems, and 400-amp electrical service support commercial operations.
Where is this conventional restaurant located?
The property is located at 1951 Indian Lake Road National City, MI.
What is the asking price?
The asking price for this property is $469,999.
What are key features of this property?
This property features: 4,140‑square‑foot restaurant property with an attached garage; 400‑amp electrical service; Commercial zoning
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