900 Caberfae Highway, Eastlake, MI 49626

$399,000
Property Type: Commercial Sale Square Footage: 4,300 Lot Size (sq. ft.): 91,476 Status: Active
Current Price: $399,000 List Date: 11/13/2025 Last Modified: 12/01/2025

Description

Discover a strong hospitality opportunity at 900 Caberfae Hwy, a well-maintained 4,300 sq ft commercial building with excellent visibility and steady year-round traffic. The property includes three MLCC licenses: Class C (dance & entertainment), SDD (package liquor), and SMD (package beer & wine). The interior is a blank slate ready for your custom build-out, with capacity for approximately 160+ across the main dining area, large bar, banquet room, and outdoor patio. Located along the busy Manistee-to-Cadillac corridor near Meijer, Little River Casino, Caberfae Peaks, and multiple lakes and rivers, the site captures local and tourist traffic including skiers, hunters, snowmobilers, and anglers. The property offers ADA access, ample parking, and recent upgrades such as two new AC units, a new furnace, and new condensers for the cooler and freezer. All FF&E has been removed.

More Information MLS# 25057959

Location & Property Info

Cross Streets: M55 & Olson Property Sub-Type: Retail Municipality: Eastlake Vllg Principal Road: Yes Ownership Type: Private Owned

Office/Contract Info

On-Market Date: 2025-11-13 Auction or For Sale: For Sale List Price/SqFt: 92.79 Prop Avail for Lease?: Yes Current Bldg Use: Restaurant

General Property Info

New Construction: No Lot Dimensions: 360x524x622 Road Frontage: 360 Waterfront: No Year Remodeled: 2006 Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 4300 School District: Manistee Lot Measurement: Acres Lot Acres: 2.1 Lot Square Footage: 91476 Year Built: 1940 Full Baths: 2

Tax Info

Taxable Value: 140038 SEV: 193800 For Tax Year: 2024 Seller's Annual Property Tax: 2500 Tax Year: 2024 Homestead %: 0 Spec Assessment & Type: noe Zoning: Commercial Tax ID #: 37-006-047-00

Remarks & Misc

Public Remarks: Discover a strong hospitality opportunity at 900 Caberfae Hwy, a well-maintained 4,300 sq ft commercial building with excellent visibility and steady year-round traffic. The property includes three MLCC licenses: Class C (dance & entertainment), SDD (package liquor), and SMD (package beer & wine). The interior is a blank slate ready for your custom build-out, with capacity for approximately 160+ across the main dining area, large bar, banquet room, and outdoor patio. Located along the busy Manistee-to-Cadillac corridor near Meijer, Little River Casino, Caberfae Peaks, and multiple lakes and rivers, the site captures local and tourist traffic including skiers, hunters, snowmobilers, and anglers. The property offers ADA access, ample parking, and recent upgrades such as two new AC units, a new furnace, and new condensers for the cooler and freezer. All FF&E has been removed. Legal: VILLAGE OF EAST LAKE THAT PART OF SE 1/4 OF SE 1/4 LYING NE'LY OF M 55 HWY RT/WAY. SEC 6 T21N R16W.

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Propane: 1

Sewer

Septic Tank: 1

Water

Well: 1

Uses

Bar/Tavern/Lounge: 1 Restaurant: 1

Construction Type

Frame/Wood: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1 Rubber: 1

Heat Source

Propane: 1

Sale Conditions

None: 1

Below Grade

Basement: 1 Partial: 1

Heat Type

Forced Air: 1

Business Includes

Equipment: 1 Furniture: 1 Licenses: 1

Foundation

Block: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1

Purchase Terms Avail

Cash: 1 Conventional: 1 Land Contract: 1 Other: 1

Location Property Info

County: Manistee Street #: 900 Street Name: Caberfae Suffix: Highway State: MI Zip Code: 49626 Zip (4): 9162 Area: MasonOceanaManistee - O

OfficeContract Info

Status: Active Current Price: $399,000 List Price: $399,000 Listing Date: 2025-11-11

Property Features

Uses: Bar/Tavern/Lounge; Restaurant Business Includes: Equipment; Furniture; Licenses Construction Type: Frame/Wood Exterior Material: Wood Siding Roofing: Composition; Rubber Foundation: Block Below Grade: Basement; Partial Sewer: Septic Tank Water: Well Utilities Attached: Cable Connected; Electricity Connected; Propane Util Avail at St: Cable Available; Electricity Available; High Speed Internet Heat Source: Propane Heat Type: Forced Air Purchase Terms Avail: Cash; Conventional; Land Contract; Other Sale Conditions: None
Listing Office: LIGHTHOUSE REALTY-Manistee
Listing Agent: Bob Cooke
IDX
Last Updated: December - 01 - 2025
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