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4000 Cass Elizabeth Rd

Waterford Township, MI
Floors
1
Total Size
10,210 sqft
Zoning
C-1, NEIGHBORHOOD BUSINESS
Year Constructed
1979
Year Renovated
0
Building Class

About 4000 Cass Elizabeth Rd

10,210 square foot, freestanding restaurant with 3,729 square foot patio (113x33’) on 2.68 acres with main road frontage and a new pylon sign.  Fully equipped with a working fireplace, high-end finishes, and modern décor.  Seating capacity is 326. Class C Liquor License available. New POS system, sound system, and security system in place.  Current owner has invested over $650,000 in renovations. Mitch’s Restaurant successfully operated at this location for over 30 years, followed by O’Toole’s for another 7 years.  There is a high demand for a restaurant in this area to service the many roof tops and lake enthusiasts. FF&E & Class C Liquor License available to purchase for $250,000. - Area description: Located on the north side of Cass Elizabeth Road, just east of Cass Lake Road.  Directly across from Coles Bay leading to Cass Lake.  Central location for lakes area, near several golf courses, country clubs, and recreational park areas.  Close proximity to M-59 & Telegraph Road.

Internet Providers for 4000 Cass Elizabeth Rd

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
Iserv DSL
10 Mb/s
768 kbps
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Waterford

The typical asking rate per listing is in the $10's per square foot per year. The Waterford region is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Metro Detroit market, the Waterford region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Waterford $20
/sqft/yr
1,200
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,528
sqft

Median Rate over Time in Waterford