Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $650,000
    Turn key restaurants

    3251 Orch Lk Rd, Keego Harbor, MI 48320-1316

    4,094 SF 0.89 ac lot Built 1958
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US43-1404525
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Keego Harbor, Michigan, presents a rare chance to acquire a well-established business with a rich history. Located at 3251 Orchard Lake Road, this single-story, 4,094 square foot building sits on a 0.89-acre lot, offering ample space for both indoor and outdoor operations. The property boasts a large bar and dining area with seating for up to 120 patrons, making it ideal for a variety of restaurant concepts. The building includes a functional basement area, adding to its versatility. The property benefits from a prime location on Orchard Lake Road and the added advantage of backing up to a park, providing a serene and attractive setting. The restaurant has been operating successfully for over 50 years under the same family ownership, demonstrating its enduring appeal and strong customer base. A significant asset is the inclusion of a valid liquor license, a valuable component for any restaurant business. The property features a newer HVAC system, ensuring efficient and comfortable operation. The asking price for this exceptional opportunity is $1,250,000. This is a unique chance to acquire a thriving business with significant potential for growth in a desirable location. Don't miss this chance to own a piece of Keego Harbor's history.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1958
    Total area 4,094 SF
    Lot 0.89 ac (38,768 SF)
    Zoning code BI
    APN 36-18-02-479-065
    UPID US43-1404525
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $650k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $604k
    Blend (final) Blend
    $650k
    Owner & transaction history
    Mc4321 LLC · 1 yrs held
    Mc4321 LLC
    since 2024
    Last sale
    $650,000
    2 recorded transactions
    2024
    $650,000
    2023
    $750,000
    Zoning & alternative use
    BI · Keego Harbor, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $720,000 +1.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 3251 Orch Lk Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message