16
See all 16 photos
$40,000
Est. payment /mo
2,500 SqFt
Active
1188 South Lapeer Rd Lake Orion, MI 48362
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Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $16
Municipality Lake Orion Vlg
Subdivision Lake Orion Vlg
MLS Listing ID 20261037298
Year Built 1945
Lot Dimensions 30 x 100
Property Sub-Type Business Opportunity
Source Realcomp
Property Description
Back on the market due to financing issues that redirected the transaction into a rare seller-financing opportunity under the above terms. Extremely hard-to-find offering featuring a CLASS C LIQUOR LICENSE* business available on seller financing with ZERO PERCENT INTEREST. Intended to help produce a qualified buyer. PRINCIPAL-ONLY SF structured on a (2) two-year note with (2) two separate balloon payments due at the end of each year. Come claim your spot before someone else does, opportunities structured like this will not last. Current lease term EXPIRES 11/20/2027 with OPTION TO RENEW LEASE TERMS WITH LANDLORD. Lease includes insurance, taxes, and CAM. Step into an immediate business opportunity with this fully equipped, turnkey restaurant. Strategically located near the main entrance of a high-traffic plaza, this property offers exceptional visibility and easy access for customers.The space is fully operational, furnished, and licensed, allowing for a smooth and rapid transition. It features seating for up to 90 guests, a complete full range professional kitchen, a walk-in cooler, and over $80,000 in existing equipment and inventory, included in the sale (""Class C liquor license is also available for separate purchase""). Simply bring your concept, your team, and start serving from day one. Situated in a thriving retail corridor, the location benefits from strong street presence, ample parking, and consistent residential and commercial traffic. This prime position delivers outstanding customer capture potential and keeps your brand highly visible in one of the area's most active dining and retail hubs. Don't miss this rare chance to own a move-in-ready restaurant in a proven, high-performing market. Terms provided are firm and non-negotiable. Will not entertain additional discounts beyond the financing structure being offered.
Location
State MI
County Oakland
Zoning Commercial
Direction From I-75, take Exit 95 for M-24 (Lapeer Rd) toward Orion Township. Continue south on Lapeer Rd for approximately 1.8 miles; the property is located on the right at 1188 S Lapeer Rd, just minutes from downtown Lake Orion
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Lake Orion
Others
Tax ID BUSINESSONLY
Listed by Premier Realty Service LLC