503 LAKEVILLE Road Addison Township, MI $ 170,000
503 LAKEVILLE Road
$ 170,000
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503 LAKEVILLE Road

Addison Township, MI, 48367
$ 170,000
Bedrooms-- Baths-- Sq 2,629

Monthly Estimate*

$ 1,047

503 LAKEVILLE Road, Addison Township, MI 48367 - Image 1
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 2
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 3
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 4
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 5
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 6
503 LAKEVILLE Road, Addison Township, MI 48367 - Image 7

Commercial Property for sale in Addison Township, MI

for $170,000. This 2,629 square foot building was built in 1920.

Business Opportunity only. Don't miss this rare opportunity to own a thriving business with 3 years of success, located right on picturesque Lakeville Lake! Recent improvements made to the store and restocked inventory!! This established restaurant includes a liquor license, with rent set to increase in April, making now the perfect time to invest. The sale comes fully equipped with top-notch inventory valued above $100k, featuring a pizza oven, meat slicer, freezer, fridge, stove, and more. A dedicated office area ensures smooth operations. This is a turnkey opportunity to step into a well-stocked and profitable business in an unbeatable lakeside location. Summer the store makes $16,000 a week. Winter $8,000 a week. Lotto $90,000 a year. Kitchen area potential $10,000 weekly. Asking price is $170,000 plus $100,000 inventory. PROOF OF FUNDS REQUIRED BEFORE SHOWING

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Commercial Active

Price

$ 170,000

Property Type

Commercial

Taxes

$ 7,586

Style

BusinessandRealEstate

Year Built

1920

Town/City

Addison Township

County/Region

Oakland

MLS | Web ID

20261027930

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Other
Year Built 1920
Levels One
Property Subtype BusinessandRealEstate
Current Use Retail
Business Type Retail
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name VILLAGE OF LAKEVILLE
Garage Y/N N
Status Active
Directions At the corner of Rochester Rd & Lakeville Rd
City AddisonTownship_Oakland
Senior Community Y/N N
High School District Oxford
Zoning Description Commercial Office
MLS Area Area02051AddisonTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7586.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 149410
Expected Active Date 2026-04-23
Legal Description T5N R11E SEC 27 VILLAGE OF LAKEVILLE LOTS 1 & 2 BLK 16
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Exterior
Parking Features ParkingLot
Water Source Other
Foundation Details Poured Slab
Spa N
Building Area Total 1506.0
Lot Dimensions 120.00 x 120.00
Lot Size Acres 0.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2629.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Nahed Yousif

Listing Agent

Brookstone, Realtors Llc

Broker

(734) 444-6868

Phone

Affordability Calculator

$1,679
Per Month
62%
38%
0%
Monthly Principal & Interest
$1,047
Monthly Property Taxes
$632
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848531 Elementary School
848374 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$170,000 Listed Price

Map


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503 LAKEVILLE Road, Addison Township, MI, 48367 is a Commercial Property for sale at $170,000 with 2,629 sqft. 503 LAKEVILLE Road was built in 1920. The property's zip code is 48367 which is in Addison Township, MI