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5600 Lapeer Rd - Gracie's Restaurant and Bar 0.69 Acres of Commercial Land Offered at $950,000 in Kimball, MI 48074



Investment Highlights
- This is a fully operational and thriving restaurant featuring two distinct food concepts and a fully operation bar operating under a Class C.
Executive Summary
You have an exceptional opportunity to acquire a fully operational and thriving restaurant property featuring two distinct, fully built-out food service concepts within a single building. This highly visible storefront benefits from shared back-of-house systems that enable efficient, simultaneous operations. Together, these concepts deliver immediate income potential supported by multiple, diversified revenue streams.
The primary operation is a successful full-service restaurant with a fully equipped, professional commercial kitchen. The property also includes a fully operational bar operating under a Class C liquor license, with Keno and Lotto available (transfer of liquor and gaming licenses is subject to purchase and all applicable local and state approvals; buyer to verify). Well-appointed dining areas offer flexible seating configurations, complemented by a dedicated banquet hall ideal for private events, catering, and group dining. The facility includes ADA-compliant restrooms and compliant utility infrastructure.
A separate pizza parlor operates within the same building and features a fully equipped kitchen with independent preparation, cooking, and storage areas. The space is configured to support dine-in, takeout, and delivery service, further enhancing revenue diversity.
The property offers ample on-site parking and is positioned along a well-traveled commercial corridor with strong vehicle traffic. It provides convenient access to major roadways and is located just minutes from Port Huron’s business, retail, and residential centers.
Investment Highlights - Sale only; Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk; Well-suited for owner-operators, hospitality groups, or investors; Financial info in listing not representative of actuals. Full financial details are available to qualified, serious buyers or investors upon request. A non-disclosure agreement (NDA) may be required.
The primary operation is a successful full-service restaurant with a fully equipped, professional commercial kitchen. The property also includes a fully operational bar operating under a Class C liquor license, with Keno and Lotto available (transfer of liquor and gaming licenses is subject to purchase and all applicable local and state approvals; buyer to verify). Well-appointed dining areas offer flexible seating configurations, complemented by a dedicated banquet hall ideal for private events, catering, and group dining. The facility includes ADA-compliant restrooms and compliant utility infrastructure.
A separate pizza parlor operates within the same building and features a fully equipped kitchen with independent preparation, cooking, and storage areas. The space is configured to support dine-in, takeout, and delivery service, further enhancing revenue diversity.
The property offers ample on-site parking and is positioned along a well-traveled commercial corridor with strong vehicle traffic. It provides convenient access to major roadways and is located just minutes from Port Huron’s business, retail, and residential centers.
Investment Highlights - Sale only; Operating, income-producing property; Multiple revenue sources; Turnkey infrastructure that minimizes transition risk; Well-suited for owner-operators, hospitality groups, or investors; Financial info in listing not representative of actuals. Full financial details are available to qualified, serious buyers or investors upon request. A non-disclosure agreement (NDA) may be required.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Restaurant |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $950,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Restaurant |
| Total Lot Size | 0.69 AC |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 0.69 AC |
| Price Per AC | $1,376,811.59 |
| Price | $950,000 |
| Price Per AC | $1,376,811.59 |
| Lot Size | 0.69 AC |
BEG ON N LINE OF LAPEER RD, A 100' HWY, N 73D 47M W 546.02' FROM SW COR OF OL A SUP PLAT OF WADHAMS, TH N 1D 51M W 157.77', TH N 73D 47M W 151.73', TH S 18D 2M W 150.07', TH S 73D 47M E 205.41' TO BEG. 0.70 A FRAC SEC 3 T6N R16E
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Presented by
Parker Wright Real Estate Group
5600 Lapeer Rd - Gracie's Restaurant and Bar
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