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    5327 Shady Ln Standish, MI 48658
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    5327 Shady Ln Standish, MI 48658

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    • Investment properties
    • 3,638 SF
    • 0.50 lot acres
    For Sale
    $499,000
    View Listing →
    Lake Huron Bar & Restaurant - Standish, MI For Sale
    $499,000
    3,638 SF

    Lake Huron Bar & Restaurant - Standish, MI

    Thriving bar & restaurant, prime location, high potential.

    5327 Shady Ln, Standish, MI 48658
    View Listing
    Property ID
    US43-2932412
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • White's Beach Tavern / Bar & Pub / Restaurant

    Property Details for 5327 Shady Ln

    Year built
    1949
    Lot size
    0.50 lot acres
    Property size
    3,638 SF
    Property type
    Investment properties

    Description

    This exceptional business opportunity presents a turnkey bar and restaurant located at 5327 Shady Lane, Standish, MI. The 3,638 square foot establishment sits on a half-acre lot, just one mile from the Saganing Eagles Landing Casino, ensuring consistent customer traffic. The property boasts a loyal customer base drawn to its popular menu, featuring renowned nachos and Friday fish fries, along with its entertainment options including three pool tables and shuffleboard. Recent upgrades include a new roof, windows, and cooler system, enhancing efficiency and comfort. Four additional lots across the street offer significant expansion potential for parking or future development. The current owner is retiring but is willing to provide temporary assistance for a smooth transition. This well-established business offers a unique blend of community hub and lucrative investment opportunity, ready for a new owner to continue its success. The property's prime location and established reputation make this a truly exceptional offering. Don't miss this chance to acquire a thriving, profitable business in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Standish
    County
    Arenac
    State
    Michigan
    Longitude
    -83.89075
    Latitude
    43.92988

    Comparable in this City

    • $400,000
      2.06 Acres

      Prime Retail Location in Standish

      2.06 acre lot ideal for retail development.
      S Huron Rd, Standish, MI 48658
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    • $70,000
      1,890 SF

      Main Street Retail/Office Building

      Retail and office building with frontage on Main Street.
      315 S Main St, Standish, MI 48658
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    • $1,700,000
      7,220 SF

      Standish Commercial Property on US-23

      High-visibility commercial property with retail space, storage, and expansion potential.
      4433 S Huron Rd, Standish, MI 48658
      View Details
    • $349,500
      3.48 Acres

      Standish Commercial Property on US-23

      3.48 acres with multiple buildings near I-75 and M-61.
      4250 S Huron Rd, Standish, MI 48658
      View Details
    • $34,900
      0.24 Acres

      Wooded Lot Near Lake Huron

      Wooded 0.24-acre lot near Lake Huron and Saginaw Bay.
      00 Liberty St, Standish, MI 48658
      View Details

    Similar Nearby for Sale

    • $400,000
      2.06 Acres

      Prime Retail Location in Standish

      2.06 acre lot ideal for retail development.
      S Huron Rd, Standish, MI 48658
      View Details
    • $70,000
      1,890 SF

      Main Street Retail/Office Building

      Retail and office building with frontage on Main Street.
      315 S Main St, Standish, MI 48658
      View Details
    • $1,700,000
      7,220 SF

      Standish Commercial Property on US-23

      High-visibility commercial property with retail space, storage, and expansion potential.
      4433 S Huron Rd, Standish, MI 48658
      View Details
    • $349,500
      3.48 Acres

      Standish Commercial Property on US-23

      3.48 acres with multiple buildings near I-75 and M-61.
      4250 S Huron Rd, Standish, MI 48658
      View Details
    • $34,900
      0.24 Acres

      Wooded Lot Near Lake Huron

      Wooded 0.24-acre lot near Lake Huron and Saginaw Bay.
      00 Liberty St, Standish, MI 48658
      View Details
    View Listing
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    Standish, MI 48658
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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