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Historic Liquor License Restaurant Building
For Sale
$175,000

42 E Lake St, Sand Lake, MI 49343

Historic downtown building with transferable Michigan Class C liquor license and versatile interior space for multiple concepts.

Property Size3,866 SF
Price / SF$45.27
Days on Market119

Property Features for 42 E Lake St

General Information

Standard status Active
Size 3,866 SF
Property subtype Retail
Zoning B-1

Additional Details

Liquor License Yes

Amenities

Water
Sewer
Natural Gas
Vacant

Building Details

Year Built 1800
Listing Agency: Ensley Real Estate
Listed By: Laura Ensley · License #6502396036
Source: Carwm.resimplifi
Added: May 29 Changed: Sep 19 Last Checked: Sep 24 at 6:52AM

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 Ensley Real Estate

Investment Insights

Based on property information with market context.

This historic commercial building offers nearly 3,900 square feet of versatile indoor space suited for a range of operating concepts. The property is positioned for use as a restaurant, tavern, brewery, sports bar, event venue, coffee shop, specialty retail, offices, or redevelopment, with interiors described as spacious enough to support dining, entertainment, and retail or office layouts.

The building is located in the center of downtown Sand Lake, with the public remarks highlighting visibility and easy access.

A key component of the sale is that it includes a transferable Michigan Class C liquor license, intended to support the next owner’s plans. The property is being offered for sale as a conventional commercial real estate opportunity for an owner-user or investor.

Key Highlights

  • Historic downtown commercial building built in 1800 in Sand Lake
  • Nearly 3,900 sq ft of versatile interior space for a variety of commercial uses
  • Transferable Michigan Class C liquor license included with the sale

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Restaurant Building Supply Dental Office Auto Repair Shop Spa & Massage Center Hair Salon

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

17
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49343, MI

5,669
Population
2,528
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
91%
High-School Grad
55.3 sq mi
ZIP Area
103
Density / Sq Mi
$81,722
Median Household Income
$46,050
Median Earnings
$694
Median Rent
$236,200
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
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Similar Off Market Nearby

  • Aiden's Place — 42 E Lake St, Sand Lake, MI 49343
  • Tri County Eagle 4467 — 32 E Lake St, Sand Lake, MI 49343

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic downtown building with transferable Michigan Class C liquor license and versatile interior space for multiple concepts.
Where is this bar & pub located?
The property is located at 42 E Lake St Sand Lake, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Historic downtown commercial building built in 1800 in Sand Lake; Nearly 3,900 sq ft of versatile interior space for a variety of commercial uses; Transferable Michigan Class C liquor license included with the sale
More about this property
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