Thriving Lakeside Restaurant Business
503 Lakeville Rd Addison Twp, MI 48367
503 Lakeville Rd, Addison Twp, MI, 48367
$170,000
For Sale
$170,000
Profitable restaurant business with liquor license on Lakeville Lake.
Property Size2,629 SF
Price / SF$64.66
Days on Market90
Property Features for 503 Lakeville Rd
General Information
- Standard status
- Active
- Size
- 2,629 SF
Listing agency
Brookstone, Realtors LLC
(248) 963-0505
Listed by
Nahed Yousif
(248) 963-0505
Source
Exprealty
Added: Apr 23 Updated: Jul 10 at 1:43PM Checked: Jul 19 at 9:03AM
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 Brookstone, Realtors LLC
Investment Insights
Based on property information with market context.
This is a business opportunity to acquire a restaurant located on Lakeville Lake. The restaurant has been operating successfully for three years. Recent improvements have been made, and the inventory has been restocked. The sale includes a liquor license. The restaurant is fully equipped with inventory valued above $100,000, including a pizza oven, meat slicer, freezer, fridge, and stove. An office area is also included. The restaurant's size is 2629 square feet. The business is located at 503 Lakeville Rd, Addison Twp, MI. The restaurant's weekly summer revenue is $16,000, and its weekly winter revenue is $8,000. The lotto brings in $90,000 annually. The kitchen area has a potential weekly revenue of $10,000. The asking price is $170,000 plus $100,000 for inventory. Rent is set to increase in April.
Key Highlights
- Thriving business with a proven 3‑year track record of success.
- Prime lakeside location on picturesque Lakeville Lake.
- Includes a liquor license.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lakeville Market and Liquor
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Restaurant - Profitable restaurant business with liquor license on Lakeville Lake.
Where is this restaurant located?
The property is located at 503 Lakeville Rd Addison Twp, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Thriving business with a proven 3‑year track record of success.; Prime lakeside location on picturesque Lakeville Lake.; Includes a liquor license.