Welcome to 1002 4th Avenue. This is your turnkey Airbnb, cafe, bar, and ice cream shop--all under one roof. The sale includes a 2 bedroom 1 bathroom furnished Airbnb. Enjoy a wrap-around deck ideal for outdoor seating, a spacious basement for storage, and kitchen with appliances included. Located in the heart of downtown Lake Odessa, this is a perfect blend of comfort, convenience, and charm for those looking for a unique stay or business opportunity.
Discover an exceptional business investment and management opportunity in the heart of Lake Odessa, MI.C&R's Homestyle Restaurant, in business for over a decade, is one of ''Lake O's'' most popular dining destinations, boasting a current EBITDA of over $150K, with an average 3-year EBITDA of over $130K, and an annual revenue growth of 5-10% - bringing its 2023 revenue total to over $600K.Run by a single owner-operator, plenty of expansion opportunities are available, along with a second-story unfinished apartment that is ready to renovate and lease.Extremely popular with locals, sold at a 1.75 EBITDA multiple, and with real estate listed at just $125K, this business is priced to sell to its next owner.
Amazing business opportunity in Woodbury, Michigan. Located just East of Lake Odessa at the intersection of M43/M66 & M50 this sport shop & small engine repair has existed for nearly 50 years. It's time for the current owner to retire, this profitable business has served the them well. You could make your small business owning dreams come true now. Complete financials are available to qualified buyer with bank pre-approval or proof of funds. See attached documents for a list of current vendors. Real Estate & Business success is all about location, location, location & it doesn't get better than this! See Video. Decades worth of current customers will be yours. Top notch service has always been a priority for this small business. Price includes: Real Estate, Inventory, Fixtures & Goodwill.
The median home value in Lake Odessa, MI is $217,500. This is higher than the county median home value of $202,800. The national median home value is $338,100. The average price of homes sold in Lake Odessa, MI is $217,500. Approximately 71.11% of Lake Odessa homes are owned, compared to 19.87% rented, while 9.03% are vacant. Lake Odessa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Odessa real estate agent to arrange a tour today!
Lake Odessa, Michigan has a population of 2,079. Lake Odessa is more family-centric than the surrounding county with 41.77% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Lake Odessa, Michigan is $44,844. The median household income for the surrounding county is $64,436 compared to the national median of $69,021. The median age of people living in Lake Odessa is 36.3 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 35.7 inches per year, with 52.5 inches of snow per year.