101 W Saint Joseph Street, Lawrence, MI 49064
Van Buren County
Key Facts
Description
Turn-Key Restaurant & Bar Opportunity in Downtown Lawrence! Welcome to The Freedom Bar & Grill, a well-established community gathering place & rare opportunity to own a fully operational bar & restaurant in the heart of Lawrence. This thriving business includes the only Class C liquor license in town, offering a significant competitive advantage & tremendous potential for continued growth. The current owner has invested extensively in the property, completing numerous updates to both the building & equipment. Improvements include new furnace and central air systems, updated electrical, plumbing, new windows, upgraded sound system, custom-built bar top & modern touch-screen POS ordering system. The kitchen has been enhanced with quality equipment & updates, making this a truly turn-key operation. Sale includes the liquor license, bar & kitchen equipment, inventory & furnishings necessary to continue operations seamlessly. The spacious bar area, restaurant seating & established menu provide multiple revenue streams, while a loyal customer base creates a strong foundation for future success. Convenient parking is available both on the street and behind the building, accommodating approximately 25 vehicles. Detailed equipment information is available in the documents section. Whether you're an experienced operator or looking to own your first hospitality business, this is an outstanding opportunity to step into a successful, established business with many major improvements already completed.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1890
Stories
1
Living Area
5,952 sq ft
Lot Size
0.22 acres
Lot Dimensions
Irregular
Parking Spaces
25
Ownership
Private Owned
MLS® Listing#
26027383
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Schools
- District:
- Lawrence
Financial Details
Annual Taxes
$1,700
Tax year 2025
Assessed Value
$32,766
Parcel Number
80-44-349-006-20
Directions
FROM I-94 TAKE THE LAWRENCE EXIT (#52) AND HEAD NORTH ON 52ND ST/N CR 365 TO MAIN LIGHT IN TOWN. BUILDING IS ON THE SW CORNER OF W. ST. JOSEPH AND S. PAW PAW ST.
Affordability Calculator
$99,980
Estimated monthly payment
$2,661/mo
Principal $399,920 · Est. interest $557,924 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lawrence, MI
- $342,857
- Median Listing Price
- 67
- Median Days on Market
- 1,726
- Median Sq Ft
- $186
- Median Price / Sq Ft
- 20
- Active Listings
- This home’s price is 46% above the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lawrence, MI.
Location
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Points of Interest in Lawrence, MI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 68228 County Road 215, Lawrence Township, MI | $374,900 | 4 | 2 | 1,488 |
| 68228 County Road 215, Lawrence, MI | $374,900 | 4 | 2 | 1,488 |
| 71627 County Road 681, Lawrence Township, MI | $375,000 | 2 | 1 | 1,430 |
| 48379 Hill Drive, Lawrence Township, MI | $379,000 | 3 | 3 | 3,088 |
| 59021 County Road 215, Lawrence Township, MI | $399,000 | 3 | 1 | 1,637 |
| 59021 County Road 215, Lawrence, MI | $399,000 | 3 | 1 | 1,637 |
Moving Cost Estimate
EXIT Agents in Lawrence
Listing Courtesy: RE/MAX Advantage - 2693233900
Presented by: Shelly Pattison