Leonard, 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 13 Potential Opportunities for your consideration. Besides 2 Active listings in Leonard, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

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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Operating Restaurant Business

66603 Van Dyke Rd, Washington, MI 48095

$175,000

Kitchen equipment, dining space, and operational infrastructure are in place within the leased location.

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Operating Restaurant Business

66603 Van Dyke Avenue, Washington, MI 48095

$175,000

Business sale includes kitchen equipment, dining space, and existing operational infrastructure.

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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-Through Plan

2436, Ortonville, MI 48462

$249,900

4.52 AC lot

C-1 commercial parcel with a preliminary retail center and drive-through site plan.

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Off-Market Properties in Leonard, MI

Consider similar Off-Market properties in Leonard, 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.

BAR, TAVERN

1318 Rochester Rd, Leonard, MI 48367-6610

$470,000

Estimated value

4,127 sqft 0.94 AC lot

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RESTAURANT

600 Lakeville Rd, Leonard, MI 48367-3438

$400,000

Estimated value

3,792 sqft 1.19 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

80 Rochester Rd, Leonard, MI 48367-4243

$135,000

Estimated value

1,169 sqft 0.76 AC lot

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Leonard, MI Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Leonard, 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 Leonard, 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.