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Seney, MI Breakfast & Diners for Sale

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Germfask, MI Mcmillan, MI Columbus, MI
Commercial Property on M28 Highway
Updated: Aug 27, 2024
Commercial Property on M28 Highway

1523 W M28 Highway, Seney, MI 49883

$295,000
6,954 sqft · 0.33 AC lot
Commercial property on main highway M28 with 160' frontage
Building has multiple sections: one currently rented to the United States Post Office
Additional section currently operated as a breakfast diner with retail space
Year built 1955
Heating: forced air; cooling: window unit(s)
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Commercial Property on M28 Highway
Updated: Aug 21, 2024
Commercial Property on M28 Highway

1523 W M28, Seney, MI 49883

$295,000
6,954 sqft
Highway M28 frontage (160') provides excellent visibility for commercial purposes.
Existing rental income from the United States Post Office.
Divided building offers multiple income‑generating opportunities (diner, retail, potential for laundromat, antique shop, storage rental).
High traffic flow location is ideal for a new business.
On‑site parking available.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Seney, 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.

Established Restaurant Business and Real Estate
Established Restaurant Business and Real Estate

121 Division Street, Withee, WI 54498

$399,000
2,870 sqft · 2.15 AC lot

Established breakfast/lunch restaurant with real estate for sale in Withee.

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Established Restaurant Business and Real Estate
Established Restaurant Business and Real Estate

121 Division Street, Withee, WI 54498

$410,000
2,870 sqft · 2.15 AC lot

Established breakfast/lunch restaurant with real estate for sale in Withee, WI.

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Classic Diner on Major Thoroughfare
Classic Diner on Major Thoroughfare

3023 US Highway 23 S, Alpena, MI 49707

$99,900
1,250 sqft · 0.72 AC lot

Revitalize a classic 1950s diner with high traffic exposure.

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Classic Diner on Highway 23
Classic Diner on Highway 23

3023 US Highway 23 S, Alpena, MI 49707

$99,900
1,250 sqft · 0.72 AC lot

Revitalize a classic 1950s diner with high traffic exposure.

View details

Seney, MI Breakfast & Diners Market Trends and Statistics

Explore 2 breakfast & diners for sale in Seney, MI on our real estate platform. These investment opportunities span a total of 13,908 square feet of properties for sale, with an estimated market value of $590,000.

Sale prices for breakfast & diners in Seney, MI start at $295,000, averaging $295,000, and reaching up to $295,000 — 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

Breakfast & diners 2
Bars & Pubs 1

Demographics Overview

Population 202
Population Growth (5Y) +48.5%
Median Household Income $50,069
College Educated 25.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49883 $295K

Taxes & Financing

Tax Rate (average for all types) 2.23%
Property Tax per SF $8.86 per SF
Tax Rate vs County Average 1.34 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Schoolcraft County

New Delisted

Total CRE Inventory on Market (SF)

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