1188 South Lapeer Rd , Lake Orion Vlg, MI 48362

$190,000
  • 1188 South Lapeer Rd , Lake Orion Vlg, MI 48362 Main Photo

16 Total Photos [Click to View All]

New to the Market Active
SQUARE FEET2,500 MLS#20261037298
STATUSActive PROPERTY TYPECommercial - Retail SCHOOLLake Orion

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.

1188 South Lapeer Rd | MLS# 20261037298

This commercial property located at 1188 South Lapeer Rd , Lake Orion Vlg, MI 48362 is currently listed for sale with an asking price of $190,000. South Lapeer Rd is located within the Lake Orion school district. Search Lake Orion Vlg real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 30 x 100
Year Built: 1945

Feature Descriptions

Days on Site: 3
Deposit: $100000.00
Exterior: Brick
Frontage Feet: 125
Lot Dimensions: 30 x 100
Road Frontage: Alley
Summer Tax: $0.0000
Winter Tax: $0.0000

Local Schools

School District: Lake Orion

Listed By / Shown By

Listed By

Agency Name: Premier Realty Service LLC
Agency Phone: (248) 255-2474

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logo

Login to My Homefinder

Register to View this Listing

Why Create an Account?

If you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.

With an account you can:

  • Save your favorite listings
  • Save searches with your important parameters
  • Be emailed about new listings that meet your criteria
  • Be notified of changes to your saved listings such as a price reduction or when a property goes off the market
  • Keep track of homes you have recently viewed

Sign Up Today

At least 6 characters with one uppercase, one lowercase, and one number

Already have an account? Sign in here.

Forgot your password?

Pixel