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Established Restaurant on Sage Lake
For Sale
$399,900

482 N Sage Lake Rd, Hale, MI 48739

Profitable restaurant with beer/wine license, equipment, and outdoor amenities.

Property Size1,150 SF
Lot Size1.00 Acre
Price / SF$347.74
Days on Market98

Property Features for 482 N Sage Lake Rd

General Information

Standard status Active
Size 1,150 SF
Lot size 1.00 Acre
Property subtype Commercial

Building Details

Year Built 2005
Listing Agency: Realty Professional Group LLC
Listed By: Jennifer Gogo · License #327932
Source: Elliman
Added: Apr 26 Changed: Jul 10 Last Checked: Aug 1 at 12:18PM

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 Realty Professional Group LLC

Investment Insights

Based on property information with market context.

This commercial property presents a business opportunity, featuring a restaurant known for its Coney Dogs, situated on over an acre along Sage Lake Road. Included in the sale is a beer and wine license. The approximately 1150 square foot building houses a fully functional and clean kitchen equipped with a single convection/pizza oven, a 4-foot flattop grill, a cooking station, a sink, a dough press, warming drawers, a hot dog machine, a refrigerated pop cooler, two deep fryers, a kitchen mixer, fountain pop machines maintained by a Coca Cola distributor, and a heat lamp. Additional prep stations are available for making sandwiches. The property also includes two refurbished soft serve machines offering 10 flavors, a shake machine, 18 hand-scooped ice cream flavors, and Dole Whip. There are two outside walk-in fridge/freezers and a 30 x 40 pole barn with a cement floor. A Generac generator is also on site. The sale includes all contents except for the current inventory and items in the pole barn, which are negotiable. Outdoor amenities feature an additional shed for inventory, a smaller shed for projecting movies, and a putt-putt golf course. A covered 34' x 56' picnic pavilion with a metal roof, added in 2014, provides space for guests. There is ample parking. The business is currently open seasonally from May to September, Friday through Sunday, averaging 55-65 days per year, with potential for extended operation.

Key Highlights

  • Established business with Coney Dog fame, located on Sage Lake Road on over an acre.
  • Includes Beer and Wine license.
  • Fully equipped and functional 1150 SQFT kitchen with maintained equipment.

Property Analytics

Current Use

Crusins Cones & Coneys, ... Restaurant

Suggested Use

Top Pick Gym & Fitness Center Real Estate Agency Restaurant Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48739, MI

3,636
Population
4,015
Households
0.9
Avg Household Size
57
Median Age
19%
College-Educated
84%
High-School Grad
95.8 sq mi
ZIP Area
38
Density / Sq Mi
$47,768
Median Household Income
$37,500
Median Earnings
$798
Median Rent
$170,600
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 - Profitable restaurant with beer/wine license, equipment, and outdoor amenities.
Where is this conventional restaurant located?
The property is located at 482 N Sage Lake Rd Hale, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Established business with Coney Dog fame, located on Sage Lake Road on over an acre.; Includes Beer and Wine license.; Fully equipped and functional 1150 SQFT kitchen with maintained equipment.
More about this property
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