8874 Dixie Hwy - Restaurant FOR SALE


Fair Haven, MI 48023
$675,000 USD
586-242-4312
8874 Dixie Hwy, Fair Haven, MI for Sale
$675,000 USD
Restaurant - FOR SALE
1/61
null | Request Cap Rate

8874 Dixie Hwy
Fair Haven, MI 48023


HIGHLIGHTS

  • Total Square Footage: 5,974
  • Located on Swan Creek directly across from Lake St.Clair
  • Includes 3 Rental Income Units
  • Business Opportunities: Gas Station, Liquor Store, Retail, Office/Medical, Restaurant, Storage, Etc.

OVERVIEW

This rare opportunity features a fully renovated, 5,974 sqft restaurant/bar with a 100-person capacity, liquor licenses, and three apartments, one of which is currently occupied, generating $1,500 per month in rental income, while the other two are vacant. Set on over an acre, the property boasts canal frontage on Swan Creek and sits across from Lake St. Clair, in a prime location along Dixie Highway, a major route for boaters and cottage dwellers from Clay Township, Algonac, and Harsens Island. While the bar/restaurant is not currently in operation, it offers immense potential for future business. The property includes a basement and ample parking on a fully paved lot, with room for expansion. Zoned for various uses—such as a gas station, liquor store, retail business, office/medical space, restaurant, or storage facility—this versatile space is perfect for attracting boating enthusiasts, sportsmen, and more. Don't miss out on this premium investment opportunity.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Haven's Galley Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B2

APN/PARCEL ID

23-640-0061-000

ASK ABOUT THIS PROPERTY

Austin YatoomaOdessa PropertiesMore Info
586-242-4312

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Austin YatoomaOdessa PropertiesMore Info
586-242-4312

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