www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33191836
33191930

1951 Indian Lake Road, National City, MI 48748

Real Estate One Great Lakes Bay
Listed by Real Estate One Great Lakes Bay
$494,999
12 days on market
Updated 4 days ago

1951 Indian Lake Road

Details
Property Type Hospitality, Mixed Use (+1)
Square Footage 4,140
Broker Co-Op False
Class C
Year Built 1974
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.620
Zoning Commercial
Parking Spaces 30 spaces
Parking Per SqFt 7.25
Ground Lease No
Dock High Doors 2
Ownership Private

TURNKEY Restaurant + ICE CREAM SHOP I Liquor license I 7 inland LAKES

Marketing description

Ready to own a Northern Michigan destination? This turnkey restaurant opportunity at 1951 Indian Lake Rd comes fully equipped and positioned for possibility. Open tomorrow as a restaurant, revive the beloved ice cream window, or reimagine the attached garage into a brewery, taproom, entertainment space, or one-of-a-kind gathering destination. With room for outdoor seating, yard games, or even sand volleyball, this property offers more than a business — it offers an experience. Perfectly positioned in the heart of Northern Michigan recreation, this property is surrounded by seven inland lakes, campgrounds, ORV trails, and seasonal tourism. Just only 10 miles from Tawas City and the shores of Lake Huron, this location offers endless potential to attract locals, campers, seasonal residents, ORV enthusiasts, and travelers alike. Thoughtfully updated and ready for its next chapter, the property features newer windows, updated bathrooms, fresh paint inside and out, newer furnace, A/C, water heater, updated plumbing, freezer condensers, and newer garage doors. Built for business, the property also offers 400-amp electrical service to support a wide range of commercial operations and future expansion. Liquor license included pending approval/transfer. To help bring your vision to life, seller is offering $25,000 back to the buyer at closing to assist with startup costs, improvements, inventory, staffing, marketing, or launching your next big idea. Whether you envision a thriving restaurant, brewery concept, ice cream destination, or community gathering place, this property combines turnkey convenience with room to grow in a location built for gathering. This isn’t just a business opportunity — it’s a chance to create a destination.

Investment highlights

https://www.facebook.com/share/v/18ZYZJB9Nq/

Listing Contacts

Real Estate One Great Lakes Bay
Listed by Real Estate One Great Lakes Bay

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Stephanie Filer
License
6501443931
Brokerage
Real Estate One GLB
Title
Broker of Record
Brokerage Address
4300 State St Saginaw MI
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591