Welcome to Downtown Lake Orion
Downtown Lake Orion combines a unique, historic central business district with a commercial corridor that extends south along M-24. The Village contains important historic residential and commercial architecture, and is designated a National Register Historic District as of 2006.
Downtown is a destination for numerous annual events, with nearby services, shopping, restaurants and entertainment. Historic neighborhoods along the northeast boundary of the core downtown and lakefront add to Downtown Lake Orion’s distinct sense of place.
INVITATION TO INVESTORS AND ENTREPRENEURS
The Village of Lake Orion Downtown Development Authority is now soliciting proposals for the purchase of a prime, fully serviced, redeveloped downtown building. The property currently houses the 51 North Brewing Company, as tenant on a month to month holdover lease.
The building’s appraised value is $700,000 as of December 2015. Per Village of Lake Orion Charter, the appraisal will be updated within 60 days of expected purchase.
This Request for Qualifications (RFQ) sets forth requirements for consideration of this property by interested investors/entrepreneurs (investors). The 4,718 square foot building is integral to the downtown’s growth and development. The proper investment will preserve the integrity of the building, enhance the current downtown, and provide a destination business that will draw many people to our area, with priority given to sellers maintaining the highest and best use as a restaurant and/or brewery. For more information, please follow the link below:
Now available for sale at the DDA Office!