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    Restaurant Opportunity Near Huron River Title is generated by Realmo AI

    22401 Huron River Dr, Rockwood, MI 48173

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    For Sale
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    Existing restaurant with liquor license on 1.31 acres.

    Type:Retail
    Property size:
    5,262 SF
    Lot size:
    1.31 Acres
    Price / SF:
    $189/SF
    Added:
    Feb 5, 2026
    Days on Market:
    101
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 22401 Huron River Dr

    General Information

    Standard status
    Active
    Size
    5,262 SF
    Lot size
    1.31 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1933

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    Listing Contact
    Michael Rose
    Michael Rose

    Listing agent Michael Rose License #MI 6501308575

    Listing office Burger & Company

    Listing date Feb 5, 2026

    Source Crexi

    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 Burger & Company

    HighLights

    • Turnkey restaurant opportunity with existing restaurant, furniture, fixtures, equipment, and liquor license included.
    • 1.31 acres of commercial land with Huron River access.
    • Corner lot location with access to I‑75.
    • Two boat launches within 1 mile of the Huron River.
    • Built in 1933, offering historical charm.
    • Existing restaurant provides a ready‑made business.

    Overview

    This commercial property features an existing restaurant on a 1.31-acre corner lot with access to the Huron River. The sale includes all furniture, fixtures, equipment, and a liquor license. Built in 1906, the property offers a piece of local history. It provides convenient access to I-75. The property is located within one mile of two boat launches on the Huron River. The building size is 5,262 square feet.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $757.7K
    NOI $68,196 @ 9.00% cap · cautious / downside scenario
    Moderate
    $974.2K
    NOI $68,196 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.36M
    NOI $68,196 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $94.7k $18.00
    − Vacancy −$3.8k −$0.72
    EGI $90.9k $17.28
    − OpEx −$22.7k −$4.32
    NOI $68.2k $12.96
    5,262 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $974.2K
    $852.5K – $1.14M (±1% cap)
    NOI $68,196 @ 7.0% cap · market cap 6.85%
    Second Best
    no second resolved use
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockwood
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2169
    Latitude
    42.0725

    FAQs

    What type of property is this?
    Conventional restaurant - Existing restaurant with liquor license on 1.31 acres.
    Where is this conventional restaurant located?
    The property is located at 22401 Huron River Dr Rockwood, MI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity with existing restaurant, furniture, fixtures, equipment, and liquor license included.; 1.31 acres of commercial land with Huron River access.; Corner lot location with access to I‑75.
    (248) 536-2888 Call to check price and availability
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