Lake Orion MI Commercial for Sale
$1,500,000
801 S LAPEER Lake Orion, MI 48362
- Type:
- Industrial
- Sq.Ft.:
- 6,809
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.95 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 60350060
- Subdivision:
- JOHN WINTER LAND & HOME SUB
ADDITIONAL INFORMATION
This historic restaurant offers a versatile dining experience with 6 separate dining rooms (not including the bar), ideal for hosting private parties or business meetings. Each dining room can be closed off or opened as needed, allowing for intimate gatherings or larger events. The restaurant also features a cozy downstairs gas fireplace, multiple TVs in the bar and one dining room, and an electric fireplace heater upstairs. Enjoy stunning lake views from the front dining room and patio, with the added bonus of watching fireworks during events. The property boasts patio seating with tables and a lounge area, along with one indoor and two outdoor walk-in coolers, plus a walk-in freezer. The original bar, complete with name plates from notable figures, adds charm to this historic building, enhanced by beautiful landscaping out front. Recent updates include a new fire system, updated equipment, refreshed dining rooms, new hardwood floors upstairs, a new electric fireplace heater, and some new patio furniture. With storage areas in the basement and upstairs, a projector screen for seminars, and an excellent location, this restaurant is ready to impress. This is an operating restaurant, please do not approach building or staff with any questions. Please contact listing agent directly.
$149,900
700 S LAPEER Lake Orion, MI 48362
- Type:
- Industrial
- Sq.Ft.:
- 15,592
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.43 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 40212669
ADDITIONAL INFORMATION
HIGHLY SUCCESSFUL TUBBY�S SUB FRANCHISE SHOP, PRIME LOCATION IN DOWNTOWN LAKE ORION ON LAPEER RD, VERY PROFITABLE, EASY TO OPERATE, LOW OVERHEAD. 18 YEARS IN BUSINESS GROSSING $25,000 A MONTH, RENT AND EXPENSES $4,350 INCLUDES ALL THE UTILITIES. WITH DINING AREA OF 16 SEATS. LOTS OF ROOM FOR GROWTH IN CATERING AND PARTY BUSINESS. INVENTORY ABOUT $5,000. BUSINESS HOURS 10-9 MONDAY THROUGH SATURDAY SUNDAY 11-7. SUPPORT AND TRAINING BY TUBBY�S CORPORATE OFFICE. PLEASE DO NOT APPROACH ANY EMPLOYEES FOR INFORMATION. CALL AGENT FOR MORE INFORMATION. MOTIVATED SELLER, BUYERS MUST BE ACCOMPANIED BY SHOWING AGENT AT ALL TIMES.
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Lake Orion Real Estate
The median home value in Lake Orion, MI is $369,400. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Lake Orion, MI is $369,400. Approximately 65.24% of Lake Orion homes are owned, compared to 21.51% rented, while 13.25% are vacant. Lake Orion 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 Orion real estate agent to arrange a tour today!
Lake Orion, Michigan 48362 has a population of 2,920. Lake Orion 48362 is more family-centric than the surrounding county with 37.84% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Lake Orion, Michigan 48362 is $90,750. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Lake Orion 48362 is 42.6 years.
Lake Orion Weather
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 32.3 inches per year, with 37.1 inches of snow per year.