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Grass Lake, MI

Retail

Grass Lake, MI Retail Properties & Spaces 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/Bar in Recreation Area

Updated: May 22

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/bar in the heart of the Waterloo Recreation Area.
Well‑maintained and fully equipped commercial kitchen with stainless prep lines, hood system, fryers, burners, refrigeration, and pass‑through window.
Covered patio dining pavilion with wood beam construction and brick pavers.
Ample parking and easy access from Seymour Rd, including horse 'parking' from Waterloo Trail.
C‑1 zoning supports restaurant, bar, retail, and other commercial uses.

This listing looks promising.

Here's a quick look at some key insights for

12227 Seymour Road, Grass Lake, MI 49240

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Est. Cap Rate

6.5%
Above avg (5.9%)
Est. NOI

$32K
Annual
Mortgage

$65K
Recorded
Last Sold

Nov 2016
$49K
Property Type

Restaurant
Built 1993

View Property Analytics

Historic Bank Building For Sale

Updated: Apr 27

Historic Bank Building For Sale

115 E Michigan Ave, Grass Lake, MI 49240

$299,900

High‑visibility location with excellent walk‑by and drive‑by traffic.
Granite and marble finishes throughout the main level with soaring ceilings.
Flexible upper‑level space suitable for a kitchenette, half bath, and utility/storage.
Original bank vault and drop‑box vault still in place.
Clean, well‑maintained basement with regularly serviced mechanicals.

Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 2 Active listings in Grass Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 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

Income-Producing Commercial Opportunity

4341 Page Avenue, Michigan Center, MI 49254

$135,000

1,547 sqft 0.33 AC lot

Versatile property with income in a prime location.

Veterinary Hospital with Apartment, Barn

Veterinary Hospital with Apartment, Barn

4946 Page Avenue, Michigan Center, MI 49254

$274,900

6,056 sqft 2.63 AC lot

2.63 acre property with hospital, apartment, and pole barn.

Retail Property with Approved License

Retail Property with Approved License

6015 ANN ARBOR Rd, LeoniTownship_, Jackson, MI 49201

$399,999

0.23 AC lot

Retail space with license and real estate included for sale.

High-Visibility Commercial Auto Sales Lot

High-Visibility Commercial Auto Sales Lot

6006 Ann Arbor Road, Jackson, MI 49201

$125,000

240 sqft

Prime commercial lot with high visibility and traffic counts.

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.

7.6 Acres Prime Development Site

7.6 Acres Prime Development Site

Ann Arbor Road, Jackson, MI 49201

$595,000

7.60 AC lot

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

Commercial Land Parcel with Road Frontage

Commercial Land Parcel with Road Frontage

4309 Page Avenue, Michigan Center, MI 49254

$149,900

2,268 sqft 1.03 AC lot

Over 120 feet of road frontage with existing structures for storage or redevelopment near US-127 access.

Vacant Land Near I-94 Interchange

Vacant Land Near I-94 Interchange

3215 Seymour Road, Jackson, MI 49201

$2,700,000

65.08 AC lot

Commercial land with excellent access and visibility for development.

Development Opportunity Near I-94 Interchange

Development Opportunity Near I-94 Interchange

2640 Seymour Road, Jackson, MI 49201

$3,999,999

Four parcels near I-94 interchange with potential for multiple uses.

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.

103 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

103 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

1,344 sqft 0.20 AC lot

101 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

101 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

5,880 sqft 0.11 AC lot

100 Michigan Ave

BAR, TAVERN

100 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

2,200 sqft 0.03 AC lot

117 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

117 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

1,750 sqft 0.05 AC lot

425 Michigan Ave

WHOLESALE OUTLET, DISCOUNT STORE

425 Michigan Ave, Grass Lake, MI 49240-8920

Value Estimation by Request

10,040 sqft 1.23 AC lot

114 Michigan Ave

RESTAURANT

114 Michigan Ave, Grass Lake, MI 49240-9188

Value Estimation by Request

2,785 sqft 0.09 AC lot

RESTAURANT

115 Lk St, Grass Lake, MI 49240-9376

Value Estimation by Request

990 sqft 0.04 AC lot

11851 Michigan Ave

VEHICLE SALES, RENTALS

11851 Michigan Ave, Grass Lake, MI 49240-9219

$600,000

Estimated value

10,720 sqft 4.10 AC lot

674 Michigan Ave

CONVENIENCE STORE

674 Michigan Ave, Grass Lake, MI 49240-9484

Value Estimation by Request

2,200 sqft 1.14 AC lot

AUTO REPAIR, GARAGE

123 Watson Rd, Grass Lake, MI 49240-9274

Value Estimation by Request

5,840 sqft 0.40 AC lot

WHOLESALE OUTLET, DISCOUNT STORE

120 Un St, Grass Lake, MI 49240-9502

$855,000

Estimated value

9,170 sqft 2.37 AC lot

8275 Clear Lk Rd

GROCERY, SUPERMARKET

8275 Clear Lk Rd, Grass Lake, MI 49240-9165

Value Estimation by Request

4,871 sqft 0.40 AC lot

LAUNDROMAT (SELF-SERVICE)

131 Lk St, Grass Lake, MI 49240-8506

Value Estimation by Request

18,552 sqft 1.80 AC lot

4476 Clear Lk Rd

AUTO REPAIR, GARAGE

4476 Clear Lk Rd, Grass Lake, MI 49240-9146

Value Estimation by Request

2,624 sqft 2.62 AC lot

224 Michigan Ave

CONVENIENCE STORE

224 Michigan Ave, Grass Lake, MI 49240-9459

Value Estimation by Request

2,960 sqft 0.41 AC lot

101 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

101 Michigan Ave, Grass Lake, MI 49240-9680

Value Estimation by Request

8,326 sqft 0.11 AC lot

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

12226 Seymour Rd

GROCERY, SUPERMARKET

12226 Seymour Rd, Grass Lake, MI 49240-9628

Value Estimation by Request

4,604 sqft 1.00 AC lot

201 Michigan Ave

RETAIL STORES (PERSONAL SERVICES)

201 Michigan Ave, Grass Lake, MI 49240-9499

Value Estimation by Request

13,659 sqft 0.36 AC lot

401 Michigan Ave

GROCERY, SUPERMARKET

401 Michigan Ave, Grass Lake, MI 49240-9712

$1,695,000

Estimated value

21,269 sqft 1.88 AC lot

3864 Mt Hope Rd

CONVENIENCE STORE

3864 Mt Hope Rd, Grass Lake, MI 49240-9226

Value Estimation by Request

3,200 sqft 0.86 AC lot

AUTO REPAIR, GARAGE

1101 Burtch Rd, Grass Lake, MI 49240-9306

Value Estimation by Request

1,200 sqft 2.08 AC lot

Grass Lake, MI Retail Properties & Spaces Market Trends and Statistics

Explore 32 retail properties & spaces for sale in Grass Lake, MI on our real estate platform. These investment opportunities span a total of 3,414 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for stores in Grass Lake, MI start at $500,000, averaging $500,000, and reaching up to $500,000 — 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

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	$400K

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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