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Investment Highlights

  • Fully equipped turnkey restaurant/bar operation with kitchen infrastructure, liquor license, and FF&E included.
  • Private game room/event space adds revenue potential for parties and special gatherings.
  • Includes adjacent ranch-style residence suitable for owner occupancy, staff housing, or rental income.
  • Features indoor dining, covered outdoor patio, smoker station, and landscaped areas for events.
  • Located in the Waterloo Recreation Area, near lakes, campgrounds, and trail systems, driving strong seasonal and destination traffic.
  • Ample on-site parking with easy access from Seymour Road and horse access from Waterloo Trail.

Executive Summary

This offering presents a rare opportunity to acquire a fully operational restaurant and bar business in the scenic Waterloo Recreation Area, one of Michigan’s most desirable recreational destinations. The property includes a 3,414 SF restaurant/bar building with Class C Liquor License and FF&E, featuring a full commercial kitchen, large L-shaped bar with multiple taps, and flexible indoor dining configurations. Outdoor amenities enhance the guest experience with a spacious covered patio pavilion, smoker station, landscaped grounds, and ample on-site parking.
The restaurant and bar’s strategic location in a high-traffic, lake-area corridor makes it ideal for continued success as a hospitality venue, destination dining spot, or event-driven concept such as weddings, brewery expansion, or catering operations. Supporting infrastructure includes well and septic systems
.
The adjacent 1,896 SF ranch-style home offers two bedrooms, 2.5 baths, and thoughtful features such as a sunroom with hot tub, large deck, landscaped yard, and attached garage. This space is perfect for on-site living, staff housing, or generating rental revenue

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,310 SF
Building Class
C
Year Built/Renovated
1975/1993
Price
$750,000
Price Per SF
$141.24
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.97 AC
Zoning
Commercial & R3 - Commercial Zoned District & Residential
Parking
20 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
106’ on Seymour

Amenities

  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

About 12227-12229 SEYMOUR RD , GRASS LAKE, MI 49240

This property offers a unique opportunity to own a fully operational restaurant and bar nestled in the Waterloo Recreation Area, one of Southeast Michigan’s most popular outdoor destinations. The offering includes a 3,414 SF commercial building featuring a fully equipped kitchen, large L-shaped bar with multiple taps, overhead display racks, and flexible indoor seating arrangements. Recently remodeled, the interior combines comfort with functionality, supported by additional service zones and a private game room for special events or added seating. Outdoor amenities enhance appeal with a covered patio dining pavilion, rustic picnic-style seating areas, and a large smoker station creating an inviting setting for open-air dining and events. The landscaped grounds include a decorative pond, lounge space, and ample parking with horse trail access from Waterloo Trail. Beyond its commercial value, the package includes a 1,896 SF ranch-style home ideal for on-site living or supplemental rental income. The residence features two bedrooms, 2.5 baths, a sunroom with hot tub, large deck, and attached garage, complemented by mature landscaping and a private driveway. Located in a high-traffic recreational corridor surrounded by campgrounds and state land, this property offers strong potential as a destination dining venue with opportunities for hospitality expansion, catering services, and event programming.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
000-10-05-301-003-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$170,000
  • Listing ID: 40635905

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 12227-12229 Seymour Rd, Grass Lake, MI 49240

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