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Brewery with Covered Dining
For Sale
$595,000

6352 N Lake Shore Drive, Harbor Springs, MI 49740

Commercial/Industrial, Harbor Springs, MI

Property Size3,797 SF
Lot Size1.52 Acres
Price / SF$156.70
Days on Market96

Property Features for 6352 N Lake Shore Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning EC B2
Elementary school district Harbor Springs
Middle school district Harbor Springs
High school district Harbor Springs
Directions North on State Road, right on N. Lake Shore. Building on right.
Subdivision Cross Village
Standard status Active
APN 05-04-33-427-007
Size 3,797 SF
Lot size 1.52 Acres

Taxes and HOA fees

Tax Description ORIGINAL PLAT OF VILLAGE OF CROSS, (COMMONLY KNOWN AS CROSS VILLAGE), BLK 7, LOTS 1 THRU 5 & 7, 8 &
Legal Description ORIGINAL PLAT OF VILLAGE OF CROSS, (COMMONLY KNOWN AS CROSS VILLAGE), BLK 7, LOTS 1 THRU 5 & 7, 8 &

Utilities

Heating system Forced Air, Natural Gas
Water source Well

Amenities

office/conference room
extra prep kitchen

Building Details

Building materials Wood Frame
Listing Agency: Graham Real Estate
Listed By: Kevin Olson
Added: Jul 2 Changed: Sep 26 Last Checked: Oct 5 at 9:06PM
MLS# 475893

Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brewery restaurant occupies a 3797-square-foot wood-frame building on a 1.52-acre lot. The layout includes an indoor dining room, a covered outdoor bar and dining area, an upper-level office and conference room with a full bathroom, plus basement space suited to prep-kitchen and storage functions. The property is currently operating as a brewery restaurant.

Building systems include natural gas and forced-air heat, while water is supplied by a well. EC B2 zoning is identified for the property. The combination of dining, service, office, preparation, and storage areas provides a varied commercial configuration within the existing improvement.

Key Highlights

  • Current brewery restaurant operation
  • 3797 square feet on 1.52 acres
  • Covered outdoor bar and dining area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,536
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,720 $990.7K
Cap Rate 7%
$707,657 $707.7K
Cap Rate 9%
$550,400 $550.4K
Market Conditions
NOI Build-Up for 3,797 SF
Gross rent
$76.1K $20.04/SF
− Vacancy
−$5.3K −$1.40/SF
EGI
$70.8K $18.64/SF
− OpEx
−$21.2K −$5.59/SF
NOI
$49.5K $13.05/SF
Area
Emmet County, MI
Vacancy
7.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,720
Cap Rate 7%
$707,657
Cap Rate 9%
$550,400

Alternative Uses

Best Use
Industrial
$707.7K
$619.2K – $825.6K (±1% cap)
NOI $49,536 @ 7.0% cap · market cap 8.33%
Second Best
Specialty Retail
$458.9K
$401.5K – $535.4K (±1% cap)
NOI $32,123 @ 7.0% cap · market cap 5.40%
Theoretical Best
Warehouse
$859.3K
$751.9K – $1.00M (±1% cap)
NOI $60,151 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Petoskey Brewing Cross ... Production Facility

Suggested Use

Top Pick Grocery & Convenience Store Discount Store Hotel & Motel Department Store

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 49740, MI

7,511
Population
6,057
Households
1.2
Avg Household Size
55
Median Age
46%
College-Educated
97%
High-School Grad
124.9 sq mi
ZIP Area
60
Density / Sq Mi
$85,230
Median Household Income
$38,820
Median Earnings
$997
Median Rent
$332,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Brewery - Includes indoor dining, a covered outdoor bar and dining area, upper-level offices, and basement storage space.
Where is this brewery located?
The property is located at 6352 N Lake Shore Drive Harbor Springs, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Current brewery restaurant operation; 3797 square feet on 1.52 acres; Covered outdoor bar and dining area
More about this property
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