12227 Seymour Rd, Grass Lake, MI 49240
For Sale
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This exceptional turnkey restaurant opportunity in Grass Lake, Michigan, presents a unique blend of established success and significant potential. Priced at $599,900, this property boasts 2,305 square feet of space, situated on a generous 1.96 acres of land. The property includes two buildings, both single-story structures, built in 1950. The main building houses the thriving restaurant, a well-known local favorite known for its fish fry, barbecue, live music, and social atmosphere. The restaurant benefits from a loyal customer base and dedicated staff, ensuring a smooth transition for a new owner. Adding to the appeal is a three-bedroom, one-bathroom house located on the property, providing additional living space or potential for expansion. The restaurant's prime location near Portage Lake makes it an ideal summer destination, further enhanced by its high-traffic location. This owner/user investment offers a rare chance to acquire a profitable, established business with significant upside potential in a desirable Michigan community. The price per square foot is $260.26. This is a truly remarkable opportunity for a culinary entrepreneur seeking a ready-made success story. The property's address is 12227 Seymour Rd, Grass Lake, MI 49240.
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Portage Lake Parlor Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Grass Lake, MIGrass Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.