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Lakefront Restaurant Garver Lake 25020 May St 5,069 SF Retail Building Edwardsburg, MI 49112 $650,000 ($128.23/SF)
INVESTMENT HIGHLIGHTS
- 33' Garver Lake frontage
- Turnkey
- Corner Lot
EXECUTIVE SUMMARY
Long time former restaurant located at Garver Lake in Edwardsburg Michigan.
This location across from Garver Lake has 33’ on the lake with the ability to put in docks for lake access to the restaurant.
Seating capacity is 100 people.
All the equipment is included in the sale, full list available upon request.
Liquor license is in escrow and can be transferred to the new owner.
Configuration: 1st Floor: Dining area with bar and 2 restrooms;
Enclosed patio area with radiant heat and bar area; Kitchen with server’s station.
2nd Floor: Open dining area with a server’s station and 1 restroom.
This location across from Garver Lake has 33’ on the lake with the ability to put in docks for lake access to the restaurant.
Seating capacity is 100 people.
All the equipment is included in the sale, full list available upon request.
Liquor license is in escrow and can be transferred to the new owner.
Configuration: 1st Floor: Dining area with bar and 2 restrooms;
Enclosed patio area with radiant heat and bar area; Kitchen with server’s station.
2nd Floor: Open dining area with a server’s station and 1 restroom.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
5,069 SF
Year Built/Renovated
1956/2012
Price
$650,000
Price Per SF
$128.23
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.42 AC
Zoning
C-1
Frontage
250’ on May Street
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Security System
- Signage
- Waterfront
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 14-090-009-059-00 | Total Assessment | $199,700 (2025) |
| Land Assessment | $20,100 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $179,600 (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
14-090-009-059-00
Land Assessment
$20,100 (2025)
Improvements Assessment
$179,600 (2025)
Total Assessment
$199,700 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
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Lakefront Restaurant Garver Lake | 25020 May St
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