1188 South Lapeer Rd, Lake Orion Village, MI 48362
Oakland County
Key Facts
Description
Back on the market due to financing issues that redirected the transaction into a rare seller-financing opportunity under the above terms. Extremely hard-to-find offering featuring a CLASS C LIQUOR LICENSE* business available on seller financing with ZERO PERCENT INTEREST. Intended to help produce a qualified buyer. PRINCIPAL-ONLY SF structured on a (2) two-year note with (2) two separate balloon payments due at the end of each year. Come claim your spot before someone else does, opportunities structured like this will not last. Current lease term EXPIRES 11/20/2027 with OPTION TO RENEW LEASE TERMS WITH LANDLORD. Lease includes insurance, taxes, and CAM. Step into an immediate business opportunity with this fully equipped, turnkey restaurant. Strategically located near the main entrance of a high-traffic plaza, this property offers exceptional visibility and easy access for customers.The space is fully operational, furnished, and licensed, allowing for a smooth and rapid transition. It features seating for up to 90 guests, a complete full range professional kitchen, a walk-in cooler, and over $80,000 in existing equipment and inventory, included in the sale (""Class C liquor license is also available for separate purchase""). Simply bring your concept, your team, and start serving from day one. Situated in a thriving retail corridor, the location benefits from strong street presence, ample parking, and consistent residential and commercial traffic. This prime position delivers outstanding customer capture potential and keeps your brand highly visible in one of the area’s most active dining and retail hubs. Don’t miss this rare chance to own a move-in-ready restaurant in a proven, high-performing market. Terms provided are firm and non-negotiable. Will not entertain additional discounts beyond the financing structure being offered.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Year Built
1945
Living Area
2,500 sq ft
Lot Dimensions
30 x 100
Days on Market
46
MLS® Listing#
20261037298
Property Features
Cooling
Heating
Construction
Sewer
Water Source
Financial Details
Parcel Number
BUSINESSONLY
Directions
From I-75, take Exit 95 for M-24 (Lapeer Rd) toward Orion Township. Continue south on Lapeer Rd for approximately 1.8 miles; the property is located on the right at 1188 S Lapeer Rd, just minutes from downtown Lake Orion
Affordability Calculator
$38,000
Estimated monthly payment
$1,011/mo
Principal $152,000 · Est. interest $212,054 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake Orion Village, MI
- $373,196
- Median Listing Price
- 47
- Median Days on Market
- 1,800
- Median Sq Ft
- $202
- Median Price / Sq Ft
- 1,644
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 62% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake Orion Village, MI.
Location
Points of Interest in Lake Orion Village, MI
Showing the Lake Orion Village area map.
Nearby Schools
Lake Orion Community Schools Cerc
School · 0.8 mi away
Learning Options High School
Secondary · 0.8 mi away
Stadium Drive Elementary School
Elementary · 0.8 mi away
Lake Orion High School
Secondary · 0.8 mi away
Lake Orion Community Schools
Elementary · 0.9 mi away
Scripps Middle School
Secondary · 0.9 mi away
Lake Orion High School Football Field
Secondary · 0.9 mi away
Lake Orion Community Schools
Elementary · 1.3 mi away
Blanche Sims Elementary School
Elementary · 1.6 mi away
Lake Orion Community Schools
School · 1.6 mi away
Heartfelt Impressions Learning Centers
School · 1.7 mi away
Divine Grace Lutheran School
School · 1.9 mi away
St Joseph School
School · 1.9 mi away
Orion Oaks Elementary School
Elementary · 1.9 mi away
Oakhollow Christian School
School · 2.3 mi away
Delta Kelly Elementary School
Elementary · 2.8 mi away
Lake Orion Community Schools Transportation
School · 2.8 mi away
Alpine Academy
School · 2.8 mi away
Goddard School
School · 2.9 mi away
Webber Elementary School
Elementary · 3.3 mi away
Commute Calculator
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 201 Birch Street, Luther Village, MI | $133,000 | 4 | 1 | 1,400 |
| 29 Broughton Street, Quincy Village, MI | $134,900 | 3 | 1 | 1,906 |
| 11556 Hillcrest Boulevard, Bear Lake Township, MI | $135,000 | 2 | 2 | 768 |
| 2648 Wildwood Court, Orion Charter Township, MI | $135,000 | 2 | 1 | 882 |
| V/L Ravens Roost, Long Lake Township, MI | $135,000 | — | — | — |
| 20.71 Spruce Hollow Trace, Fife Lake, MI | $135,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Lake Orion Village
Listing Courtesy: Premier Realty Service LLC - 2482552474
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