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Gracie's Restaurant and Bar 5600 Lapeer Rd 4,724 SF Vacant Retail Building Kimball, MI 48074 $1,308,625 CAD ($277.02 CAD/SF)



Investment Highlights
- This is a thriving restaurant property featuring two distinct, fully built-out food service concepts.
- Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk.
- Ample on-site parking, positioned along a well-traveled commercial corridor with strong vehicle traffic.
- Well-suited for owner-operators, hospitality groups, or investors.
Executive Summary
You have an exceptional opportunity to acquire a fully operational and thriving restaurant property featuring two distinct, fully built-out food service concepts within a single building. This highly visible storefront benefits from shared back-of-house systems that enable efficient, simultaneous operations. Together, these concepts deliver immediate income potential supported by multiple, diversified revenue streams.
The primary operation is a successful full-service restaurant with a fully equipped, professional commercial kitchen. The property also includes a fully operational bar operating under a Class C liquor license, with Keno and Lotto available (transfer of liquor and gaming licenses is subject to purchase and all applicable local and state approvals; buyer to verify). Well-appointed dining areas offer flexible seating configurations, complemented by a dedicated banquet hall ideal for private events, catering, and group dining. The facility includes ADA-compliant restrooms and compliant utility infrastructure.
A separate pizza parlor operates within the same building and features a fully equipped kitchen with independent preparation, cooking, and storage areas. The space is configured to support dine-in, takeout, and delivery service, further enhancing revenue diversity.
The property offers ample on-site parking and is positioned along a well-traveled commercial corridor with strong vehicle traffic. It provides convenient access to major roadways and is located just minutes from Port Huron’s business, retail, and residential centers.
Investment Highlights - Sale only; Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk; Well-suited for owner-operators, hospitality groups, or investors; Financial info in listing not representative of actuals. Full financial details are available to qualified, serious buyers or investors upon request. A non-disclosure agreement (NDA) may be required.
The primary operation is a successful full-service restaurant with a fully equipped, professional commercial kitchen. The property also includes a fully operational bar operating under a Class C liquor license, with Keno and Lotto available (transfer of liquor and gaming licenses is subject to purchase and all applicable local and state approvals; buyer to verify). Well-appointed dining areas offer flexible seating configurations, complemented by a dedicated banquet hall ideal for private events, catering, and group dining. The facility includes ADA-compliant restrooms and compliant utility infrastructure.
A separate pizza parlor operates within the same building and features a fully equipped kitchen with independent preparation, cooking, and storage areas. The space is configured to support dine-in, takeout, and delivery service, further enhancing revenue diversity.
The property offers ample on-site parking and is positioned along a well-traveled commercial corridor with strong vehicle traffic. It provides convenient access to major roadways and is located just minutes from Port Huron’s business, retail, and residential centers.
Investment Highlights - Sale only; Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk; Well-suited for owner-operators, hospitality groups, or investors; Financial info in listing not representative of actuals. Full financial details are available to qualified, serious buyers or investors upon request. A non-disclosure agreement (NDA) may be required.
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,724 SF
Building Class
B
Year Built/Renovated
1950/2021
Price
$1,308,625 CAD
Price Per SF
$277.02 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.15
Lot Size
0.70 AC
Zoning
C-2 - Commercial
Parking
40 Spaces (8.47 Spaces per 1,000 SF Leased)
Frontage
201’ on Lapeer Road
Amenities
- Restaurant
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Gracie's Restaurant and Bar
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Gracie's Restaurant and Bar | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-003-2011-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $255,368 CAD |
Property Taxes
Parcel Number
25-003-2011-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$255,368 CAD
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Presented by
Parker Wright Real Estate Group
Gracie's Restaurant and Bar | 5600 Lapeer Rd
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