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3870 Elizabeth Lake Rd Waterford, MI 48328

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For Sale
Contact for pricing

Turnkey Restaurant, Liquor License Included

Property size:
5,000 SF

Property Features for 3870 Elizabeth Lake Rd

General Information

Property type
Bars & Pubs
Square Feet
5,000 SF
Lot Size
52,272 SF

Building Details

Year Built/Renovated
1971/2021
Buildings
1
Stories
2

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Listing Contact
Kathleen Garmo
Kathleen Garmo

Listing Agent: Kathleen Garmo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional turnkey opportunity encompasses a 5,000 square foot, two-story building situated on a 1.2-acre lot in Waterford, Michigan. Built in 1971 and extensively renovated in 2021, this property boasts a single-tenant layout ideal for a restaurant or bar concept. The sale includes the real estate, the established business, and a valuable liquor license, offering a seamless transition for a new owner. The building features a walkout basement, providing ample storage and potential for expansion. With approximately 40 parking spaces and high visibility along Elizabeth Lake Road, this property benefits from a prime location in a thriving commercial area. The BI zoning allows for versatile business opportunities. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable market. The property's recent renovation ensures modern amenities and functionality, minimizing the need for immediate capital expenditures. The inclusion of the liquor license significantly enhances the value and potential profitability of this investment. This turnkey operation is ready for a new owner to step in and continue its success. The property's size, location, and included assets make it an attractive investment for experienced restaurateurs or savvy commercial investors seeking a high-return opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Waterford
County
Oakland
State
Michigan
Longitude
-83.3636007
Latitude
42.639445

FAQs

What type of property is this?
Bar & Pub - Turnkey Restaurant, Liquor License Included
Where is this bar & pub located?
The property is located at 3870 Elizabeth Lake Rd Waterford, MI.
What are key features of this property?
This property features: 5,000 SF building, perfect for a restaurant.; Single-tenant layout with flexible space.; Two-story building with walk-out basement.
(248) 406-1761 Call to check price and availability
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