8725 Lake St, Port Austin, MI 48467
For Sale
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This exceptional 3,500 square foot restaurant is located in the heart of downtown Port Austin, Michigan, at 8725 Lake St, 48467. Built in 2003 on a 0.12-acre lot, this single-story building offers an incredible opportunity for immediate operation. The sale includes all furniture, fixtures, and equipment, making it a truly turn-key acquisition. The interior boasts an inviting serving area with a counter bar, cashier station, and ample space for dining and private events. The fully equipped kitchen features essential appliances including refrigerators, freezers, mixers, slicers, prep stations, broilers, a walk-in freezer, a walk-in refrigerator, and a make-up air unit. Additional features include air conditioning, modern recessed lighting, thermostats, and an awning. The property benefits from high visibility and foot traffic due to its location in the main business corridor, steps from Lake Huron and the Port Austin Boat Harbor marina. Nearby amenities include other shops, grocery stores, and local businesses, further enhancing its potential. This is a rare opportunity to own a thriving restaurant in a desirable location. The asking price is $450,000.
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Port Austin Pizza House Restaurant
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.
