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Mixed-Use Building with Apartments
New
For Lease
$1,700,000

5851 Sawyer Road, Sawyer, MI 49125

Restaurant and creative spaces accompany five apartments, with the coach house configured for potential residential expansion.

Space SizeContact for details
Days on Market3

Property Features for 5851 Sawyer Road

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1927
Listing Agency: Lacuna Group LLC
Listed By: Marcus Velzen · License #6501420016
Source: Lacunare
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:17AM

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 Lacuna Group LLC

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Investment Insights

Based on property information with market context.

At 5851 Sawyer Road in Sawyer, the mixed-use property combines restaurant and bar space occupied by Susan’s Sawyer with an art gallery, an architect’s workspace, an art studio, and an outdoor patio. Five apartments are located on the second floor of the main building and in the coach house: three have two bedrooms and one bathroom, while two have one bedroom and one bathroom.

The coach house’s ground floor has been gutted for a planned addition of two apartments. Parking includes a dedicated lot for Susan’s Sawyer and shared access to additional parking with Sawyer Garden Center. Floor plans are available for the residential and commercial areas. The property is offered as-is.

Key Highlights

  • Restaurant and bar space is occupied by Susan’s Sawyer
  • Five apartments: three two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units
  • Art gallery, architect’s workspace, art studio, and outdoor patio

Property Analytics

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Current Use

Susans Sawyer Restaurant The Great Chair Stack Resort

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Building Supply Plumbing Service Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 49125, MI

1,743
Population
1,649
Households
1.1
Avg Household Size
56
Median Age
31%
College-Educated
97%
High-School Grad
13.1 sq mi
ZIP Area
133
Density / Sq Mi
$79,688
Median Household Income
$49,621
Median Earnings
$803
Median Rent
$300,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant and creative spaces accompany five apartments, with the coach house configured for potential residential expansion.
Where is this mixed-use property located?
The property is located at 5851 Sawyer Road Sawyer, MI.
What is the lease rate?
The lease rate is $1,700,000.
What are key features of this property?
This property features: Restaurant and bar space is occupied by Susan’s Sawyer; Five apartments: three two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units; Art gallery, architect’s workspace, art studio, and outdoor patio
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