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7707 Dyke Rd 1,405 SF Retail Building Fair Haven, MI 48023 $1,087,321 CAD ($773.89 CAD/SF)
Investment Highlights
- Unbeatable waterfront location!
- Business and liquor licenses also for sale at additional cost.
- Large fenced year with Tiki Bar near the water.
Executive Summary
A rare opportunity to own The Raft—a beloved lakefront bar/restaurant that’s been a true community staple for decades, family-owned and operated by Howard for 50 years. Known far and wide as the home of the famous Raft Burger and Minnow Fest, this iconic destination pairs strong local tradition with an unbeatable waterfront setting. Set on an impressive 184’ of lake frontage, the property features a steel seawall, boat dockage for customers, and a large yard that’s made for summer fun—complete with an enclosed Tiki bar right by the water. It’s the kind of place people return to year after year, arriving by both land and lake. Adding even more value: the buyer receives first right of refusal on the adjacent canal lot just north of The Raft, offering an additional 49’ of water frontage. Real estate offered as listed. Business available for $25,000 (standard + patio liquor license, phone number, and “The Raft” name). Future potential includes the home at 7667 Dyke plus three residential parcels — creating the opportunity to control approximately 500’ of prime waterfront property. ** Property is in AE Flood Zone. For further info, contact Maria at 586-996-4059. ** Licensed agent must be physically present at all showings - No modifications to this rule are acceptable.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
1,405 SF
Building Class
C
Year Built
1940
Price
$1,087,321 CAD
Price Per SF
$773.89 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.84 AC
Zoning
B4 - Business Commercial zoning
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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7707 Dyke Rd
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