1985 Cass Lake Rd Keego Harbor, MI 48320
For Sale
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Exceptional opportunity to acquire the Santia Hall Banquet Center, a well-established catering and event facility in Keego Harbor, Michigan. This 10,200 square foot, single-story Class B building, constructed in 1979, sits on a spacious 1.5-acre lot zoned for commercial use. The property features a fully equipped kitchen and two bar areas, making it ideally suited for continued operation as a catering hall or restaurant. However, its versatile layout and ample land offer significant redevelopment potential. Alternative uses could include office or retail space, or even a mixed-use development incorporating multi-family residential units. The asking price is $950,000, translating to $93.14 per square foot. The property's central location in Oakland County, at 1985 Cass Lake Rd, Keego Harbor, MI 48320, provides excellent accessibility and visibility. This is a rare chance to own a substantial commercial property with diverse possibilities in a desirable Michigan location. The property is offered for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.