Property summary
This iconic, profitable restaurant and lounge on approximately 1.5 acres is a well-established West-side Laurie tradition. Boasting over 290 feet of Highway 5 frontage, the property includes ample parking and significant room for expansion. The fully operational business serves a large and loyal clientele of both locals and tourists year-round, offering a diverse menu ranging from tacos to steaks, along with a full bar. The sale includes a substantial 50x100 foot RV storage building featuring seven units, one of which includes an oil pit and a loft suitable for an office. All equipment necessary for immediate operation is included, allowing for a seamless transition to new ownership. This turnkey opportunity presents a rare chance to acquire a thriving business with established brand recognition and significant growth potential in a desirable lakeside location. The property's prime highway frontage and expansive lot offer considerable flexibility for future development or expansion of the existing business. This is a truly exceptional opportunity for an experienced restaurateur or investor seeking a profitable and established business with significant upside.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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