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    Grass Lake, MI Residential Income Properties for Sale

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    Jackson, MI Michigan Center, MI Brooklyn, MI
    Turnkey Restaurant and Residential Property
    $750,000
    5,310 SF
    Turnkey Restaurant and Residential Property

    12229 Seymour Road, Grass Lake, MI 49240

    Fully operational restaurant/bar with residence in Waterloo Recreation Area.
    • Turnkey, fully operational restaurant/bar with a well‑equipped kitchen, bar infrastructure, and indoor/outdoor seating.
    • Includes a separate, well‑maintained 1,896 sq ft single‑family residence.
    • Located in the high‑traffic Waterloo Recreation Area, near lakes, campgrounds, and state land.
    • C‑1 commercial zoning supports a variety of uses including restaurant, bar, and retail.
    • Extensive outdoor amenities including a covered patio, picnic area, smoker station, landscaped grounds, and ample parking.
    Updated: May 14
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Grass Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Producing Commercial Opportunity
    $135,000
    1,547 SF
    Income-Producing Commercial Opportunity

    Versatile property with income in a prime location.

    4341 Page Avenue, Michigan Center, MI 49254

    View details
    Four-Unit Multifamily Investment Opportunity
    $204,999
    0.95 Acres
    Four-Unit Multifamily Investment Opportunity

    Four units on one acre with long-term tenants.

    5680 Trailer Park Dr, LeoniTownship_, Jackson, MI 49201

    View details
    Four-Unit Multifamily Investment Opportunity
    $204,999
    0.95 Acres
    Four-Unit Multifamily Investment Opportunity

    Four units on 0.95 acres with long-term tenants.

    5680 Trailer Park Drive, Jackson, MI 49201

    View details
    Michigan Center Mixed-Use Property
    $135,000
    0.33 Acres
    Michigan Center Mixed-Use Property

    Commercial property in a desirable location with residential space.

    4341 Page Ave, Michigan Center, MI 49254

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Jackson, MI
    Contact for pricing
    0.72 Acres
    Residential Lot in Jackson, MI

    Residential lot available in Jackson, Michigan.

    Lot 5 Twin Meadows Drive, Jackson, MI 49201

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    Residential Lot in Jackson, MI
    Contact for pricing
    0.58 Acres
    Residential Lot in Jackson, MI

    Residential lot available in Jackson, Michigan.

    Lot 20 Twin Meadows Drive, Jackson, MI 49201

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    7.6 Acres Prime Development Site
    $595,000
    7.60 Acres
    7.6 Acres Prime Development Site

    High-visibility 7.6-acre parcel in Jackson's commercial corridor.

    Ann Arbor Road, Jackson, MI 49201

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    Buildable Lots in Grass Lake
    $45,750
    0.26 Acres
    Buildable Lots in Grass Lake

    Exceptional lots for custom homes near Grass Lake High School.

    VL Pinewood Drive, Grass Lake, MI 49240

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    Off-Market Properties in Grass Lake, MI

    Consider similar Off-Market properties in Grass Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    715 Union St
    Multifamily properties
    5,200 SF Lot: 7.04 Acres
    Value Estimation by Request

    715 Union St, Grass Lake, MI 49240

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    Grass Lake, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Grass Lake, MI on our real estate platform. These investment opportunities span a total of 5,310 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for residential income properties in Grass Lake, MI start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Single family properties 1

    Demographics Overview

    Population 9,206
    Population Growth (5Y) -3.4%
    Median Household Income $95,307
    College Educated 45.1%

    High-Yield Neighborhoods for Investment

    Identify Grass Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49240 $750K

    Taxes & Financing

    Tax Rate (average for all types) 3.71%
    Property Tax per SF $64.01 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

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