Property profile

12227-12229 Seymour Rd Grass Lake, MI 49240

FOR SALE
Conventional restaurants
Property ID
US43-Q013025
5,310 SF
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Property summary

AI-generated overview

A rare opportunity to acquire a fully‑operational restaurant/bar property, ideal for owner‑operators, investors, or hospitality groups seeking a destination‑style venue in Waterloo Township. Turnkey restaurant/bar operation including FF&E and Class C Liquor License Fully equipped commercial kitchen and bar 3,414 SF building on 1.09 acres 1,896 SF ranch style residence with 2 bedrooms 2.5 baths 450 SF basement and attached garage Located within Waterloo Recreation Area Indoor dining plus covered outdoor patio Additional outdoor seating and smoker station Private game room/event space Landscaped grounds with pond and lounge area Ample on-site parking Horse access/parking from Waterloo Trail Well and septic Strong destination dining and event potential

Property profile

Verified
Property type Conventional restaurants
Total area 5,310 SF
UPID US43-Q013025

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12227-12229 Seymour Rd Grass Lake, MI 49240
Grass Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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