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    Grass Lake, MI
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    Grass Lake, MI Restaurants for Sale

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    Jackson, MI Michigan Center, MI Chelsea, MI Brooklyn, MI Manchester, MI Munith, MI Pleasant Lake, MI Clarklake, MI
    Turnkey Restaurant and Residential Property
    Updated: May 14
    Turnkey Restaurant and Residential Property

    12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    5,310 sqft 1.09 AC lot
    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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    12229 Seymour Road, Grass Lake, MI 49240

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $721K
      Suggested

    • Property Type

      Single Family Residence
      Built 1950
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    Turnkey Restaurant & Bar Opportunity
    Updated: May 13
    Turnkey Restaurant & Bar Opportunity

    12227 Seymour Road, Grass Lake, MI 49240

    $500,000
    3,414 sqft 1.09 AC lot
    Fully operational and well‑maintained restaurant/bar with all equipment included.
    Prime location in the heart of the Waterloo Recreation Area, a high‑traffic recreational destination.
    Features spacious dining room, commercial kitchen, private game room, and covered patio dining pavilion.
    Includes landscaped grounds with a decorative pond, lounge area, and fenced patio.
    Ample parking, easy access from Seymour Rd, and even horse 'parking' from Waterloo Trail.
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    Turnkey Restaurant and Bar Property
    Turnkey Restaurant and Bar Property

    12227-12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    5,310 sqft 1.09 AC lot

    Fully operational restaurant and bar with commercial kitchen, liquor license, and multiple indoor and outdoor seating areas.

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    Turnkey Restaurant/Bar in Recreation Area
    Turnkey Restaurant/Bar in Recreation Area

    12227 Seymour Road, Grass Lake, MI 49240

    $500,000
    3,414 sqft 1.09 AC lot

    Fully operational restaurant and bar in high-traffic recreational area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Grass Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Munith Commercial Opportunity on Trail
    Munith Commercial Opportunity on Trail

    100 N Main Street, Munith, MI 49259

    $135,000
    1,500 sqft 0.22 AC lot

    Restaurant or takeout destination near Lakelands Trail State Park.

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    Restaurant & Banquet Facility For Sale
    Restaurant & Banquet Facility For Sale

    3705 Ann Arbor Road, Jackson, MI 49202

    $600,000
    9,934 sqft 2.00 AC lot

    Family-friendly sports restaurant and banquet facility with seating for 300.

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    Restaurant and Banquet Facility For Sale
    Restaurant and Banquet Facility For Sale

    3705 Ann Arbor Rd, LeoniTownship_, Jackson, MI 49202

    $600,000
    2.00 AC lot

    Family-friendly sports restaurant and banquet facility with seating for 300.

    View details
    Restaurant Opportunity Near Lakelands Trail
    Restaurant Opportunity Near Lakelands Trail

    Munith, MI 49259

    $135,000

    Restaurant property near Lakelands Trail State Park in Munith, MI.

    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.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Brookley Road, Jackson, MI 49202

    $1,499,010
    5.12 AC lot

    5. 5 acres at I-94 and Cooper Street.

    View details
    Prime Commercial Land I-94 Access
    Prime Commercial Land I-94 Access

    201 Brookley Avenue, Jackson, MI 49202

    $1,750,000
    11,616 sqft 5.34 AC lot

    5.34 acre commercial property with I-94 access in Jackson.

    View details
    Prime Corner Lot in Jackson
    Prime Corner Lot in Jackson

    108 Cooper Street, Jackson, MI 49201

    $1,000,000
    3,672 sqft 1.32 AC lot

    High-visibility 1.32-acre corner lot near downtown Jackson.

    View details
    Commercial Parcel in Blackman Township
    Commercial Parcel in Blackman Township

    Shirley Drive, Jackson, MI 49202

    Contact for pricing
    0.19 AC lot

    Highly visible commercial land parcel in the heart of Blackman Township.

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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.

    100 Michigan Ave
    BAR, TAVERN

    100 Michigan Ave, Grass Lake, MI 49240-9680

    Value Estimation by Request
    2,200 sqft 0.03 AC lot
    View details
    114 Michigan Ave
    RESTAURANT

    114 Michigan Ave, Grass Lake, MI 49240-9188

    Value Estimation by Request
    2,785 sqft 0.09 AC lot
    View details
    115 Lk St
    RESTAURANT

    115 Lk St, Grass Lake, MI 49240-9376

    Value Estimation by Request
    990 sqft 0.04 AC lot
    View details
    4450 Clear Lk Rd
    RESTAURANT

    4450 Clear Lk Rd, Grass Lake, MI 49240-9146

    Value Estimation by Request
    2,434 sqft 1.33 AC lot
    View details
    12227 Seymour Rd
    RESTAURANT

    12227 Seymour Rd, Grass Lake, MI 49240-9628

    Value Estimation by Request
    3,414 sqft 1.09 AC lot
    View details

    Grass Lake, MI Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Grass Lake, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,448 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for restaurant properties in Grass Lake, MI start at $500,000, averaging $625,000, 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

    Bars & Pubs 4
    Conventional restaurants 4
    Commercial kitchens 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 $625K

    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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