3163 Red Oak Rd, Lewiston, MI 49756-7539
This exceptional 11.24-acre commercial property in Lewiston, Michigan, presents a unique investment opportunity. Located at 3163 N Red Oak Road, this 6,000 square foot special purpose building is ideally situated approximately three miles south of Garland on M-489, north of Miller Road, and conveniently accessible from the Lewiston trailhead. The property boasts a fully functional restaurant facility, ready for immediate operation. The existing restaurant layout includes seating for 114 patrons in the main dining area and an additional banquet room accommodating 71 guests. All necessary restaurant equipment is included in the sale, encompassing walk-in freezers and coolers, pizza ovens, additional ovens, fryers, and even silverware, allowing for a seamless transition into business. The expansive 11.24-acre parcel is surrounded by 20,000 acres of state land, offering a tranquil and expansive setting. This property's prime location and existing infrastructure provide significant potential for various commercial ventures beyond restaurant operations. The asking price is $199,000. The property's zip code is 49756, and it's located in Montmorency County. This is a rare opportunity to acquire a turn-key restaurant or develop a new commercial venture in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.