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1188 South Lapeer Rd , Lake Orion Vlg, MI 48362

$190,000
  • 1188 South Lapeer Rd , Lake Orion Vlg, MI 48362 Main Photo

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New to the Market Active
SQUARE FEET2,500 MLS#20261037298
STATUSActive PROPERTY TYPECommercial - Retail SCHOOLLake Orion

Property 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.

1188 South Lapeer Rd | MLS# 20261037298

This commercial property located at 1188 South Lapeer Rd , Lake Orion Vlg, MI 48362 is currently listed for sale with an asking price of $190,000. South Lapeer Rd is located within the Lake Orion school district. Search Lake Orion Vlg real estate on dduncan.griffithrealty.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 30 x 100
Year Built: 1945

Feature Descriptions

Days on Site: 6
Deposit: $100000.00
Exterior: Brick
Frontage Feet: 125
Lot Dimensions: 30 x 100
Road Frontage: Alley
Summer Tax: $0.0000
Winter Tax: $0.0000

Local Schools

School District: Lake Orion

Listed By / Shown By

Listed By

Agency Name: Premier Realty Service LLC
Agency Phone: (248) 255-2474

Shown By

Agent Name: Diane Duncan
Agent Phone: (810) 227-1016 ext. 215
Agency Title: Griffith Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/28/2026. The listing information on this page last changed on 05/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/28/2026 12:54:57 PM EST) or RealComp MLS (last updated Thu 05/28/2026 12:51:20 PM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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