1951 Indian Lake Rd 4,140 SF Retail Building National City, MI 48748 $690,979 CAD ($166.90 CAD/SF) 7.98% Cap Rate

Exciting Multi-Concept Business Opportunity in National City, Michigan
Available 3-27-2026
If you’re looking to own a thriving restaurant in a picturesque location, this is your chance. Nestled between seven stunning inland lakes in National City, Michigan, this full-service restaurant offers a unique blend of charm and potential. Just 10 miles west of Tawas City, 8 miles east of Hale, and only 4 miles north of M55, it’s ideally situated for both locals and tourists alike
Property Overview
The property has been fully renovated, allowing new owners to begin operations immediately. It's strategically located on main roads with excellent curb appeal. The restaurant boasts a spacious dining room that accommodates 65-70 seats, with the potential for more. With a total dining room area of 1,188 square feet, it provides a cozy atmosphere for guests.
Key Features
Curb-Side Service: Enjoy the convenience of up to three service windows that operate without disturbing the main dining area.
This setup is perfect for maximizing efficiency.
Separate Preparation Area: The cook and prep area is separate from the automated dishwashing room, ensuring smooth operations.
Versatile Dining Options: The property caters to a variety of customer preferences, offering dine-in, to-go, and walk-up services. It’s equipped to serve breakfast, lunch, and dinner, along with café-style drinks, pizza, and ice cream.
Prime Location: Located near public access to local lakes, it attracts a steady stream of locals and seasonal visitors who partake in boating, fishing, and swimming.
Distinguishing Features
Class C License: Enables the sale of alcohol, adding an additional revenue stream.
ADA Compliant Bathrooms: Two private and comfortable restrooms ensure accessibility for all patrons.
Warehouse Space: A 1,300 square foot warehouse with two 12' overhead doors provides storage and expansion opportunities.
Modern Amenities: Includes a walk-in cooler, walk-in freezer, an updated Ansul system, and three separate cook hoods.
Efficient HVAC System: Two engineered AC systems and a 90% efficient furnace ensure a comfortable environment year-round.

Facilities and Equipment
Parking: Ample parking with 30+ spots surrounding the building.
Included Equipment: All kitchen equipment, tables, chairs, tableware, and cookware are included in the sale.
Renovations: The entire property was renovated in 2023, featuring new paint, trim, windows, flooring, fixtures, LED lighting, and FRP paneling.
Multiple Revenue Streams: Options include dine-in, take-out, walk-up service, ice cream windows, and alcohol sales.
Growth and Expansion Opportunities
Extend Business Hours: By extending operating hours, the business can capture more of the potential market.
Bakery Goods and Beverages: Offering bakery items and specialty-style drinks can attract a new customer base.
Soft Serve Ice Cream: Adding this popular treat can increase sales, especially during peak seasons.
Garage Conversion: The warehouse can be converted into a bar area with indoor and outdoor seating, potentially featuring yard games for entertainment.
Financing and Support
Financing Options: Cash or conventional financing available after the current lease expires. 3/27/2026
Support and Training: Build-out support and coaching opportunities are available to ensure a smooth transition for new owners.
Reason for Selling
The current lease is nearing expiration, and the owner is looking to sell this turnkey property. This is a prime opportunity for someone eager to step into a ready-made business with significant growth potential.
*please DO NOT APPROACH THE CURRENT OPERATOR OR EMPLOYEES. *