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Investment Highlights
- Corner location with approximately 265 feet of frontage along M-25.
- Second floor offers potential residential use.
- Includes custom bar with 24-tap beer system.
- Currently operating as a restaurant and bar.
- Main roof shingles were replaced in 2021.
- Three parcels are included in the sale.
Executive Summary
Located along the Lake Huron shoreline corridor in Lexington, Michigan, 7245 Lakeshore Road presents an opportunity to acquire an operating restaurant and bar property positioned on a highly visible corner site along M-25. The property benefits from approximately 265 feet of frontage on one of the area's primary coastal routes, providing convenient access for local residents, seasonal visitors, and travelers moving throughout Michigan's Thumb region.
The building is currently owner occupied and operated as the Water Tower Sports Pub, offering an established hospitality layout that supports food and beverage operations. Existing improvements include a custom bar with a 24-tap beer system, specialty restaurant infrastructure, an on-demand hot water heater, and a main roof that was replaced in 2021. The second floor offers additional flexibility with the potential for residential occupancy, creating an opportunity for owner-user, live-work, or supplemental income scenarios where permitted.
Lexington's waterfront setting, marina activity, tourism appeal, and year-round local customer base contribute to continued demand for dining and entertainment venues. The property's location along M-25 provides visibility and accessibility while placing the business within one of the Thumb Coast's most recognized destinations. The inclusion of three parcels totaling approximately 0.69 acres provides additional site control and operational flexibility.
This offering may appeal to restaurant operators, hospitality entrepreneurs, owner-users, and investors seeking a commercial property with an existing operating use, established infrastructure, and a location tied to Lexington's waterfront tourism and community activity.
The building is currently owner occupied and operated as the Water Tower Sports Pub, offering an established hospitality layout that supports food and beverage operations. Existing improvements include a custom bar with a 24-tap beer system, specialty restaurant infrastructure, an on-demand hot water heater, and a main roof that was replaced in 2021. The second floor offers additional flexibility with the potential for residential occupancy, creating an opportunity for owner-user, live-work, or supplemental income scenarios where permitted.
Lexington's waterfront setting, marina activity, tourism appeal, and year-round local customer base contribute to continued demand for dining and entertainment venues. The property's location along M-25 provides visibility and accessibility while placing the business within one of the Thumb Coast's most recognized destinations. The inclusion of three parcels totaling approximately 0.69 acres provides additional site control and operational flexibility.
This offering may appeal to restaurant operators, hospitality entrepreneurs, owner-users, and investors seeking a commercial property with an existing operating use, established infrastructure, and a location tied to Lexington's waterfront tourism and community activity.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,732 SF
Building Class
C
Year Built
1900
Price
$249,000
Price Per SF
$52.62
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.27 AC
Zoning
C-1 - 201 Commercial
Frontage
265’ on Lakeshore Rd
Amenities
- Corner Lot
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Water Tower Sports Pub
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Water Tower Sports Pub | Accommodation and Food Services | - | - | - |
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 261-300-001-927-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $102,700 |
Property Taxes
Parcel Number
261-300-001-927-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$102,700
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