For Sale
101 W Saint Joseph Street, Lawrence, MI 49064
$499,900
MLS # 26027525 (Michigan Regional Information Center (MichRIC))
5 bathsBuilt 18900.22 acres
1 / 47
Listing Description
Turn-Key Restaurant & Bar Opportunity! Introducing The Freedom Bar & Grill, a popular local destination and exceptional opportunity to own a fully operational restaurant and bar in the heart of downtown Lawrence. This established business includes the town's only Class C liquor license, providing a unique competitive advantage and strong potential for future growth. Recent owner investments have significantly enhanced both the property and operations, including new furnace and central air systems, updated electrical and plumbing, new windows, an upgraded sound system, custom bar top, and a modern touchscreen POS system. The kitchen has also been improved with quality equipment and functional upgrades, creating a truly move-in-ready operation. The sale includes the liquor license, bar and kitchen equipment, inventory, and furnishings needed for a seamless transition. With a spacious bar, comfortable dining area, established menu, and loyal customer base, this is a rare opportunity.
Source: SparkMLS
About this home
Located in Lawrence Village in Lawrence, this property offers 5-bath, with original construction dating to 1890.
Listed at $499,900.
Annual property taxes run approximately $6,192 ($516/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms5
Lot Size0.22 acres
Year Built1890
Location
CityLawrence
MunicipalityLawrence Vllg
Zip Code49064
CountyVan Buren
School DistrictLawrence
Construction & Systems
ConstructionWood Siding, Brick
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/4/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$1,700
Tax Year2025
State Equalized Value$96,200
Taxable Value$30,946
Assessed Value$32,766
Parcel #80-44-349-006-20
Source: Public Records
Legal Description
Attatched
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Nicholas Stegman
RE/MAX Lakeshore
Frequently Asked Questions about 101 W Saint Joseph Street, Lawrence, MI 49064
Which school district serves 101 W Saint Joseph Street, Lawrence, MI 49064?
Per MLS# 26027525, 101 W Saint Joseph Street, Lawrence, MI 49064 is in the Lawrence boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lawrence directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26027525, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 101 W Saint Joseph Street, Lawrence, MI 49064?
Per public tax records, annual property taxes for this property are $1,700 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 101 W Saint Joseph Street, Lawrence, MI 49064 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 101 W Saint Joseph Street, Lawrence, MI 49064 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 101 W Saint Joseph Street, Lawrence, MI 49064?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Lawrence Vllg police department or the Van Buren County sheriff's office.
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Tax Estimate
$
Annual tax$6,192
Monthly$516
Millage rate64.3661 mills
Municipality: Village of Lawrence
School district: LAWRENCE PUBLIC SCHOOL DIST
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,758
Principal & interest$3,242
Property taxes$516
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
101 W Saint Joseph Street, Lawrence, MI 49064
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Municipality
Lawrence Village
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