Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
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Atm
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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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property 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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