5836 N LAPEER Road # UNIT D
North Branch, MI, 48461 $ 175,000
Bedrooms-- Baths-- Sq 4,000 Monthly Estimate*
$ 1,078
for $175,000. This 4,000 square foot building was built in 1990 on a lot size of 5.
Deerfield Inn Restaurant & Catering presents an exceptional opportunity to acquire a turnkey restaurant and catering operation in North Branch, Michigan. According to the seller, the business generates annual gross revenue exceeding $800,000 and operates from approximately 3,000 square feet of leased restaurant space with current rent of approximately $3,000 per month. The facility offers seating for approximately 90 to 120 guests and is fully equipped to support both restaurant and catering operations. The sale includes a substantial package of furniture, fixtures, equipment, and operating assets, including dining room furnishings, commercial kitchen equipment, refrigeration, food preparation areas, dishwashing equipment, storage, and related business assets. Seller estimates the replacement value of the equipment package to exceed $150,000, subject to buyer verification. Well known within the local community, Deerfield Inn has established itself as a popular dining destination offering dine-in service, takeout, catering, breakfast, lunch, and dinner options. The business benefits from an established customer base, strong community presence, and a highly functional restaurant layout designed to accommodate both daily operations and special events. The property offers flexibility for a new owner to continue the existing concept or introduce a new restaurant, catering operation, family dining venue, sports bar, pizzeria, bakery, franchise concept, commissary kitchen, specialty food production facility, or ghost kitchen operation. This opportunity is well suited for an owner-operator, restaurant group, chef, catering company, or investor seeking an established operating platform with existing customer awareness, a spacious dining area, fully equipped commercial kitchen, and attractive occupancy costs. All financial information, lease terms, equipment inventory, licenses, permits, and business operations should be independently verified by the purchaser.
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FeaturesGeneralSewer SharedSeptic
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials AluminumSiding
Year Built 1990
Levels One
Unit Number UNIT D
Property Subtype Business
Current Use MedicalDental
Business Type Other
County Lapeer
Net Operating Income 800000.0
Operating Expense 150000.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions M24 TO ADDRESS
City NorthBranchTownship_Lapeer
Senior Community Y/N N
High School District NorthBranch
Zoning Description Commercial
MLS Area Area09061NorthBranchTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
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 Owner
Tax Assessed Value 0
Expected Active Date 2026-06-11
Legal Description UNIT D DEERFIELD PLAZA CONDOMINIUM ACCORDING TO THE MASTER DEED RECORDED IN THE LAPEER COUNTY REGISTER OF DEEDS TOGETHER WITH RIGHTS IN GENERAL COMMON ELEMENTS AND LIMITED COMMON ELEMENTS APPURTEN
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ExteriorWater Source Well
Spa N
Building Area Total 4000.0
Lot Dimensions 500x1000
Lot Size Acres 5.0
Waterfront Y/N N
Road Frontage Type PrivateRoad
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4000.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList ByPaul MychalowychListing Agent
Exp Realty BirminghamBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,078
- 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.
Learn more about how to save NearbyCommerical listings in North Branch, MI
Average List Price $2,500
Percent of Sale Price 99%
About North Branch, MI 795 Population
4% Since 2002
$ 41,970 Median Income
37.5 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909615 Elementary School
4909677 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $175,000 | | Listed Price |