3949 Saginaw St, National City, MI 48748-9620
This thriving, established bar and restaurant, known as the Sand Lake Bar, presents a unique investment opportunity in National City, Michigan. Located at 3949 Saginaw St, this 2,922 square foot, single-story building boasts a prime location directly across from Sand Lake, and is centrally situated amongst several other lakes including Indian, Island, Bass, and Round Lakes. Built in 1955, the property is priced at $275,000, representing a price per square foot of $94.11. Its strategic position benefits from high seasonal traffic, attracting summer cottage owners, fall hunters, winter ice fishers, and snowmobilers. The surrounding area offers abundant outdoor recreational activities, including access to the Huron National Forest and the AuSable River (both within a 10-mile radius). Tawas City and Hale are also conveniently located within a 10-mile radius, providing additional access to amenities and a larger customer base. This turnkey operation is ideally suited for an owner-operator seeking a blend of business and recreational lifestyle in Michigan's beautiful outdoors. The property's strong location and established clientele make it a compelling investment prospect with significant potential for growth and profitability. The business benefits from the year-round appeal of the Sand Lake area, offering a diverse customer base throughout the seasons. This is a rare chance to acquire a well-established business in a desirable location with significant recreational draw.
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Sand Lake bar Bar & Pub
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.