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Lansing, MI Breakfast & Diners for Sale

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Old Town Diner with Garage
Updated: Aug 12, 2020
Old Town Diner with Garage

516 E Grand River Avenue, Lansing, MI 48906

$399,000
1,587 sqft 0.20 AC lot
1,587‑square‑foot restaurant on a 0.2‑acre parcel
Remodeled in 2007; originally constructed in 1928
Commercial kitchen with cooktop, range hood, dishwasher, refrigeration, and freezer equipment
Front and rear parking areas
3‑car garage at the rear of the property
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lansing, 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.

Breakfast & Diner Space
Breakfast & Diner Space

4514 Lake St, Bridgman, MI 49106

$125,000
763 sqft

Restaurant-oriented commercial unit within a three-unit building, suitable for continued diner use.

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Restaurant For Sale in Hastings MI, Barry County, MI
Restaurant For Sale in Hastings MI, Barry County, MI

228 N. Jefferson St, Hastings, MI 49058

$349,000
2,066 sqft 0.20 AC lot

Cafe Style Restaurant For Sale in Hasting, Barry County, MI

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Restaurant For Sale in Hastings MI, Barry County, MI
Restaurant For Sale in Hastings MI, Barry County, MI

228 N. Jefferson St, Hastings, MI 49058

$349,000
2,066 sqft 0.20 AC lot

Cafe Style Restaurant For Sale in Hasting, Barry County, MI

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Restaurant Diner Space in Multi-Unit Building
Restaurant Diner Space in Multi-Unit Building

4518 Lake Street, Bridgman, MI 49106

Contact for pricing
859 sqft

859 sq ft restaurant/diner unit for sale, positioned as one of three spaces within the same building.

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Lansing, MI Breakfast & Diners Market Trends and Statistics

Explore 1 breakfast & diners for sale in Lansing, MI on our real estate platform. These investment opportunities span a total of 1,587 square feet of properties for sale, with an estimated market value of $399,000.

Sale prices for breakfast & diners in Lansing, MI average $399,000 — 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

Conventional restaurants 18
Drive through restaurants 5
Commercial kitchens 4
Bars & Pubs 3
Pubs 2

Demographics Overview

Population 161K
Population Growth (5Y) +3.3%
Median Household Income $58,292
College Educated 13.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48906 $399K

Taxes & Financing

Tax Rate (average for all types) 5.48%
Property Tax per SF $86.80 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ingham County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lansing fall within the 10,000 to 25,000 square foot range.

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