1188 South Lapeer Rd Lake Orion, MI $ 190,000
1188 South Lapeer Rd
$ 190,000
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1188 South Lapeer Rd

Lake Orion, MI, 48362
$ 190,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 1,170

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Commercial Property for sale in Lake Orion, MI

for $190,000. This building is 2,500 square feet.

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.

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Commercial Active

Price

$ 190,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Town/City

Lake Orion

County/Region

Oakland

MLS | Web ID

60995268

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Lake Orion
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Alley
Area Lake Orion (63267)
Primary City Lake Orion
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
City Lake Orion
Financial Terms Cash
Legal Description BUSSINESS ONLY
DOM 1
Postal Code 48360
Price Per Sq Ft Total AG 76
Public Remarks
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Exterior
Exterior Brick
Frontage 125
Lot Dimensions 30 x 100
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Maryott Tijerina

Listing Agent

Premier Realty Service Llc

Broker

Maryottrealty@gmail.com

Email

Affordability Calculator

$1,170
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,170
Monthly Property Taxes
--
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$190,000 Listed Price

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1188 South Lapeer Rd, Lake Orion, MI, 48362 is a Commercial Property for sale at $190,000 with 2,500 sqft. The property's zip code is 48362 which is in Lake Orion, MI