Listed by Swisher Commercial
$750,000
Grass Lake Restaurant Biz&RE&Residence - 12229 Seymour
Details
APN 000-10-05-351-001-02
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
Square Footage 5,310
Units 2
Tenancy Single
Class C
Year Built 1993
Year Renovated 2009
Buildings 2
Stories 2
Acreage 1.090
Zoning C-1 (Local Commercial District) and R-3 (Residential)
Ground Lease No
Ownership LLC
Turnkey Restaurant Business & Real Estate & Residence in Grass Lake
Marketing description
Rare opportunity to acquire a fully operational restaurant/bar property with an accompanying single family residence, ideal for owner operators, investors seeking a mixed use income property, or hospitality groups seeking a destination style venue. Located in the heart of the Waterloo Recreation Area. COMMERCIAL BUILDING - 3,414 SF Restaurant/Bar (Built 1993, Remodeled 2009)
A well maintained, fully equipped hospitality operation featuring:
Interior Features
" Large L shaped bar with multiple taps, liquor display, overhead glass racks, and several mounted TVs
" Spacious dining room with wood look flooring, clean finishes, and flexible table layouts
" Commercial kitchen with stainless prep lines, hood system, fryers, burners, refrigeration, and pass through window
" Additional service areas, storage, and POS zones
" Private "game room" for private events or additional seating
Outdoor Amenities
" Covered patio dining pavilion with wood beam construction and brick pavers
" Additional picnic style seating area with firewood storage and rustic character
" Large outdoor smoker station with wood storage canopy
" Landscaped grounds including a decorative pond, lounge area, and fenced patio
" Ample parking and easy access from Seymour Rd
" Horse "parking" from Waterloo Trail
Site Details
" 1.086 acres
" C 1 zoning supports restaurant, bar, retail, and other commercial uses
" High visibility in a recreational, camping, lake area corridor
" Well and Septic
RESIDENTIAL HOME - 1,896 SF Ranch (Built 1950)
A well kept single family home located directly adjacent to the commercial building -- ideal for on site living, staff housing, or rental income.
Home Features
" 2 bedrooms, 2.5 baths
" 1,896 sq ft ranch layout with 450 sq ft basement
" 480 sq ft attached garage
" Forced heat & cooling
" Large deck
" Sunroom with hot tub
" Fireplace, dishwasher, microwave, and ceramic tile bath finishes
" 0.876 acre lot with mature trees, landscaped yard, and private driveway
" Well and Septic
Investment Highlights
" Turnkey restaurant/bar with full kitchen, bar infrastructure, and indoor/outdoor seating
" On site residence provides operational convenience or additional revenue
" Located in a high traffic recreational area near lakes, campgrounds, and state land
" Strong potential for destination dining, events, catering, or expansion
" Combined nearly 2 acres of usable land across two parcels
Ideal For
" Owner operators seeking live work convenience
" Hospitality groups expanding into destination dining
" Investors seeking a mixed use income property
" Caterers, BBQ operators, breweries, or event driven concepts
" Total Combined Acreage: ~1.96 acres
" Zoning: C 1 (Commercial) + R 3 (Residential)
Investment highlights
- Turnkey restaurant/bar operation including FF&E and Class C Liquor License
- Fully equipped commercial kitchen and bar
- 3,414 SF building on 1.09 acres
- 1,896 SF ranch style residence with 2 bedrooms, 2.5 baths, 450 SF basement and attached garage
- Located within Waterloo Recreation Area
- Indoor dining plus covered outdoor patio
- Additional outdoor seating and smoker station
- Private game room/event space
- Landscaped grounds with pond and lounge area
- Ample on-site parking
- Horse access/parking from Waterloo Trail
- Well and septic
- Strong destination dining and event potential
Listing Contacts
Listed by Swisher Commercial
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