1951 Indian Lake Rd 4,140 SF 100% Leased Retail Building National City, MI 48748 $685,282 CAD ($165.53 CAD/SF) 7.98% Cap Rate

Business Opportunity Summary: Multi-Concept Restaurant in National City, Michigan
Overview & Location:
• Opportunity Type: Turnkey full-service restaurant business.
• Availability Date: March 27, 2026.
• Location: National City, Michigan, nestled between seven inland lakes.
• Accessibility: Situated on main roads; 10 miles west of Tawas City, attracting both locals and tourists.
• Customer Base: Benefits from proximity to public lake access (boating, fishing, swimming) and seasonal visitors.
Property & Facilities:
• Condition: Fully renovated in 2023 (new paint, windows, flooring, lighting, etc.). New owners can begin operations immediately.
• Seating Capacity: Spacious dining room seats 65–70 patrons (1,188 sq ft).
• Parking: Ample parking available with 30+ spots.
• Storage/Expansion: Includes a 1,300 sq ft warehouse with two 12' overhead doors (potential for conversion to a bar/patio area).
Key Features & Operations:
• Multiple Service Options: Dine-in, to-go, walk-up, and three dedicated curb-side service windows for efficiency.
• Menu Versatility: Equipped for breakfast, lunch, dinner, pizza, café drinks, and ice cream sales.
• Licenses: Includes a Class C License for alcohol sales.
• Accessibility: ADA-compliant bathrooms.
• Kitchen Amenities:
o Separate cook/prep area and automated dishwashing room.
o Walk-in cooler and walk-in freezer.
o Updated Ansul system and three separate cook hoods.
o Efficient HVAC system (two AC units, 90% furnace).
Included Assets:
• All kitchen equipment, tables, chairs, tableware, and cookware are included in the sale.
Growth & Expansion Potential:
• Extend operating hours to maximize market share.
• Introduce bakery goods, specialty beverages, or soft-serve ice cream.
• Convert warehouse space into an indoor/outdoor bar and entertainment area.
Next Steps & Conditions:
• Financing: Cash or conventional financing options are available.
• Support: Build-out support and coaching available for a smooth transition.
• Confidentiality Note: Do not approach the current operator or employees directly regarding the sale.