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    Lake Odessa, MI Restaurants for Sale

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    Established Retail Building in Lake Odessa
    Updated: Mar 16, 2023
    Established Retail Building in Lake Odessa

    820 Jordan Lake Ave, Lake Odessa, MI 48849

    Contact for pricing
    13,200 sqft
    Stable income stream with long‑term Family Dollar tenant (since 2002) occupying a majority of the building (9,600 SF).
    Family Dollar lease extends to June 30, 2027, with five 5‑year extension options.
    Located on the main road in and out of Lake Odessa, Michigan, providing high visibility.
    Two‑tenant building with established tenants: Family Dollar and Marco's Pizza.
    Family Dollar has expanded and upgraded their store, demonstrating commitment to the location.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Odessa, 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 For Sale in Hastings MI, Barry County, MI
    Restaurant For Sale in Hastings MI, Barry County, MI

    228 N. Jefferson St, Hastings, MI 49058

    $349,000
    2,066 sqft 0.20 AC lot

    Cafe Style Restaurant For Sale in Hasting, Barry County, MI

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    Turnkey Sports Bar and Grille
    Turnkey Sports Bar and Grille

    201 S Jefferson Street, Hastings, MI 49058

    Contact for pricing
    7,920 sqft

    Turnkey sports bar and grille with full bar, grille program, and extensive entertainment equipment.

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    Downtown Diner Restaurant
    Downtown Diner Restaurant

    112 N State Street, Freeport, MI 49325

    $240,000
    3,878 sqft 0.30 AC lot

    Restaurant for sale in Downtown Freeport with seating for 54 and dedicated food prep and storage areas.

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    Diner Restaurant with Seating
    Diner Restaurant with Seating

    112 N State Street, Freeport, MI 49325

    Contact for pricing
    3,878 sqft

    Restaurant offering 54 seats, a separate back-of-house prep and storage area, and included equipment.

    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.

    Vacant Commercial Land For Sale
    Vacant Commercial Land For Sale

    State Road, Ionia, MI 48846

    $224,900
    1.19 AC lot

    1.19 acre commercial land with high visibility in Ionia.

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    Prime Land in Byron Center
    Prime Land in Byron Center

    82-136 100th Street, Byron Center, MI 49315

    $1,995,000
    3.20 AC lot

    Versatile land with high traffic, ideal for various commercial uses.

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    Prime Land in Byron Center
    Prime Land in Byron Center

    92 & 82 100th Street, Byron Center, MI 49315

    $895,000
    1.76 AC lot

    Versatile land with high visibility and development potential in Byron Center.

    View details
    Prime Land in Byron Center
    Prime Land in Byron Center

    82,92,112 100th Street, Byron Center, MI 49315

    $1,595,000
    2.47 AC lot

    Versatile land suitable for retail, restaurant, or hospitality development.

    View details

    Lake Odessa, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Lake Odessa, MI on our real estate platform. These investment opportunities span a total of 13,200 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 5,801
    Population Growth (5Y) -3.2%
    Median Household Income $79,423
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48849 $260K

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $74.55 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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