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    Alger, MI
    Bar & Pub

    Alger, MI Bars & Pubs for Sale

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    Remodeled Restaurant and Bar
    Updated: Jul 14
    Remodeled Restaurant and Bar

    5827 S M-76, Alger, MI 48610

    $249,900
    2,288 sqft 2.40 AC lot
    2,288 SF restaurant and bar with recent interior and equipment updates
    Kitchen includes three‑compartment sinks, deep fryer, freezer, and ice maker
    Liquor license, furniture, fixtures, and pool table included
    Pavilion, stage, and picnic tables support outdoor events and dining
    Epoxy flooring, insulation, evaporative cooling, lighting, and walk‑in cooler compressor improvements
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    Remodeled Bar and Restaurant
    Updated: Jul 16
    Remodeled Bar and Restaurant

    5827 S M 76, Alger, MI 48610

    $249,900
    2,288 sqft 2.45 AC lot
    Established Nordic Spirits & Grill bar and restaurant on 2.45 acres
    Remodeled interior with epoxy flooring, insulation, lighting, and an evaporation cooler system
    Kitchen includes 3‑bay sunk‑in sinks, deep fryer, freezer, ice maker, and more
    Includes pool table, furniture, and fixtures; jukebox and ATM operate on 50/50 profits with no lease fees
    Walk‑in cooler compressor included; includes liquor license with the sale
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Alger, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Waterfront Lounge and Restaurant
    Waterfront Lounge and Restaurant

    4168 W Houghton Lake Drive, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft 0.95 AC lot

    Lounge and restaurant with 152 feet of lake frontage on a sandy beach, dock, and multiple bar and event areas.

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    Waterfront Restaurant and Lounge
    Waterfront Restaurant and Lounge

    4168 W, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft

    Commercial kitchen, multiple bar areas, and event-oriented spaces support varied dining and entertainment operations.

    View details
    Remodeled Bar with Residential Home
    Remodeled Bar with Residential Home

    S 4371 S Huron Road Unit SourceFi, Standish, MI 48658

    $499,000
    2,112 sqft

    Includes a three-bedroom, two-bath manufactured home with a 2024 furnace.

    View details
    Turnkey Bar & Restaurant with Residence
    Turnkey Bar & Restaurant with Residence

    4371 S Huron Road, Standish, MI 48658

    $499,000
    2,112 sqft 1.30 AC lot

    Remodeled bar and restaurant on busy US-23 with a 3-bedroom manufactured home on-site.

    View details

    Alger, MI Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 4,576 square feet of properties for sale, with an estimated market value of $499,800.

    Sale prices for pubs in Alger, MI average $249,900 — 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

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48610 $249.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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