Addison Twp, MI Restaurants for sale

Updated: Feb 12, 2025

Established Restaurant on Lakeville Lake

503 LAKEVILLE Road, Addison Twp, MI 48367

$249,999

1,506 sqft

Profitable, turnkey restaurant business opportunity.
Prime lakeside location on Lakeville Lake.
Includes a liquor license.
Fully equipped with over $100k in inventory (pizza oven, meat slicer, etc.).
Established business with 3 years of success.

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This listing looks promising.

Here's a quick look at some key insights for

503 LAKEVILLE Road, Addison Twp, MI 48367

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$23K
Annual
Price @ 7% Cap

$325K
Above asking
Last Sold

Sep 2017
$515K
Property Type

Warehouse, Storage
Built 1920

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Updated: Apr 23

Thriving Lakeside Restaurant Business Opportunity

503 Lakeville Rd, Addison Twp, MI 48367

$130,000

2,629 sqft

Thriving business with a proven 3‑year track record of success.
Prime lakeside location on picturesque Lakeville Lake.
Includes a liquor license.
Fully equipped with over $100k in inventory, including pizza oven, meat slicer, and more.
Turnkey operation ready for immediate takeover.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Addison Twp, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Restaurant-Ready Retail Building

50285 Mound Road, Shelby, MI 48317

$775,000

4,043 sqft 1.59 AC lot

Restaurant-ready 4,043 SF building on 1.59 acres with patio and central air, built in 1976.

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Lake Orion Redevelopment Opportunity

571 & 575 N. Lapeer Rd, Lake Orion, MI 48362

$3,300,000

5,840 sqft 2.35 AC lot

2.35 acre commercial land for redevelopment in Lake Orion.

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Profitable Tubby's Sub Franchise Opportunity

Lake Orion, MI 48362

$149,900

2.43 AC lot

Highly successful Tubby's Sub franchise in prime downtown location.

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Mexican Restaurant Business

50285 Mound Road, Shelby, MI 48317

$295,000

Business-only sale of Esplendido Mexican Restaurant with established branding and operating systems.

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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.

Commercial Land in Washington Township

59601 VAN DYKE Road, Washington Twp, MI 48094

$324,900

0.69 AC lot

Prime commercial land in a high-traffic Washington Township location.

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Vacant Commercial Lot in C-2

16701 25 Mile Road, Macomb, MI 48042

$250,000

0.47 AC lot

Build-ready vacant lot in a C-2 commercial zoning district in Macomb Township.

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Commercial Corner Land Parcel

Walton, Waterford, MI 48329

$199,900

0.56 AC lot

Commercially zoned corner lot with substantial frontage on Walton for flexible development planning.

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Commercial Land with Drive-Thru Potential

2436, Ortonville, MI 48462

$249,900

4.52 AC lot

Zoned C-1 with 852 ft of road frontage on M-15 for a retail center or drive-thru restaurant.

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Addison Twp, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Addison Twp, MI on our real estate platform. These investment opportunities span a total of 4,135 square feet of properties for sale, with an estimated market value of $379,999.

Sale prices for restaurant properties in Addison Twp, MI start at $130,000, averaging $189,999, and reaching up to $249,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Leonard - 48367	$170K

Neighborhood

Average Price

Leonard - 48367

$170K