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    Alanson, MI
    Bar & Pub

    Alanson, MI Bars & Pubs for Sale

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    Restaurant with Bar and Living Quarters
    Updated: Jul 11
    Restaurant with Bar and Living Quarters

    7515 S US 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft
    5,317 square feet restaurant zoned B‑1
    Exceptional highway visibility on S US 31 Highway averaging 15,300 cars passing daily
    Includes complete bar area, spacious dining room, and back room for parties
    Upstairs living quarters for owner occupancy or staff housing
    Recent upgrades: newer furnace and AC, including air‑conditioned kitchen, plus electrical upgrades
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    This listing looks promising.

    Here's a quick look at some key insights for

    7515 S US 31 Highway, Alanson, MI 49706

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $643K
      Suggested

    • Last Sold

      May 2017
      $175K
    View Property Analytics
    Turn-Key Restaurant with Living Quarters
    Updated: May 28
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft
    Turn‑key restaurant with Resort Liquor License included.
    Exceptional highway visibility (15,300 cars daily).
    Fully equipped with bar, dining room, and party room.
    Living quarters upstairs for owner/staff.
    Includes two additional lots for expansion.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alanson, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Boutique Hotel and Event Space
    Boutique Hotel and Event Space

    2287 S Main Street, Central Lake, MI 49622

    $850,000
    3,200 sqft 1.00 AC lot

    Turn-key boutique hotel with five suites and an event-ready lower level bar room.

    View details
    Boutique Hotel with Event Space
    Boutique Hotel with Event Space

    2287 S Main Street, Central Lake, MI 49622

    Contact for pricing
    3,200 sqft

    Boutique hotel and event space featuring five suites, private baths, and a remodeled speakeasy/barrel room.

    View details
    Turnkey Bar and Restaurant Opportunity
    Turnkey Bar and Restaurant Opportunity

    220 N Main Street, Cheboygan, MI 49721

    $785,000

    Fully operational bar and restaurant for sale.

    View details
    Lodge with Restaurant and Bar
    Lodge with Restaurant and Bar

    10621 Twin Lakes Road, Cheboygan, MI 49721

    Contact for pricing

    Updated lodge rooms include a custom bar area, plus a full kitchen and dining spaces for gatherings.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Restaurant Property
    Waterfront Restaurant Property

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Existing restaurant improvements include indoor seating, a seasonal deck, and a lakefront setting.

    View details
    Waterfront Restaurant Property
    Waterfront Restaurant Property

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Operating restaurant with waterfront views, deck seating, and paved parking.

    View details
    Commercial Land in C-2
    Commercial Land in C-2

    1400 LYNN Avenue, Fond Du Lac, WI 54935

    $275,000
    2.57 AC lot

    C-2 zoned commercial land off Highway 23 with natural gas available and public water and public sewer.

    View details
    Corner Parcel for Commercial Development
    Corner Parcel for Commercial Development

    LYNN Avenue, Fond Du Lac, WI 54935

    $260,000
    1.30 AC lot

    C-2 general business corner parcel with public water, public sewer, and natural gas available.

    View details

    Alanson, MI Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Alanson, MI on our real estate platform. These investment opportunities span a total of 10,634 square feet of properties for sale, with an estimated market value of $1,398,000.

    Sale prices for pubs in Alanson, MI average $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

    Population 4,712
    Population Growth (5Y) +4.5%
    Median Household Income $63,573
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Alanson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49706 $699K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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