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Turnkey Restaurant Investment Opportunity
For Sale
$175,000

9743 N Greenville Rd, Lakeview, MI 48850

Well-maintained restaurant property with recent updates in high-traffic area.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market457

Property Features for 9743 N Greenville Rd

General Information

Standard status Active
Lot size 0.25 Acres

Taxes and HOA fees

Annual Taxes $1,732
Listing Agency: AMERICA'S CHOICE REALTY LLC
Listed By: Cody Nevins · License #6501446537
Source: Exprealty
Added: May 22, 2025 Changed: Aug 20 Last Checked: Aug 20 at 12:03PM

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 AMERICA'S CHOICE REALTY LLC

Investment Insights

Based on property information with market context.

This commercial property, previously operating as an Asian cuisine restaurant, presents an investment opportunity in a high-traffic location. Major updates were completed in 2018, including new plumbing, electrical, and mechanical systems. The property has a history of strong gross sales and is suitable for investors, owner-operators, or those seeking a turnkey food service location.

Key Highlights

  • Turnkey food service location ready for immediate operation.
  • Proven track record of strong gross sales.
  • Major updates in 2018: new plumbing, electrical, and mechanical systems.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Real Estate Agency Storage Facility Hair Salon Furniture & Home Goods HVAC Service Kitchen & Bath Showroom

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

74
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Wesco Shops & Services
25,735 visits/mo 0.5 miles
McDonald's Dining
23,736 visits/mo 0.5 miles
Dollar General Shops & Services
7,033 visits/mo 0.4 miles
Sunoco Shops & Services
5,141 visits/mo 0.2 miles
BP Shops & Services
5,087 visits/mo 0.4 miles

Demographics for 48850, MI

4,563
Population
1,973
Households
2.3
Avg Household Size
41
Median Age
14%
College-Educated
88%
High-School Grad
83.2 sq mi
ZIP Area
55
Density / Sq Mi
$65,064
Median Household Income
$41,473
Median Earnings
$665
Median Rent
$170,700
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
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Frequently Asked Questions

What type of property is this?
Restaurant - Well-maintained restaurant property with recent updates in high-traffic area.
Where is this restaurant located?
The property is located at 9743 N Greenville Rd Lakeview, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Turnkey food service location ready for immediate operation.; Proven track record of strong gross sales.; Major updates in 2018: new plumbing, electrical, and mechanical systems.
More about this property
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