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Erie, MI

Erie, MI Commercial Real Estate for Sale

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Luna Pier, MI Temperance, MI Samaria, MI Toledo, OH La Salle, MI Lambertville, MI Harbor View, OH Monroe, MI

Established Restaurant with Outdoor Patios

Updated: Oct 31, 2024

Established Restaurant with Outdoor Patios

11191 Telegraph Road, Erie, MI 48133

$895,000

5,076 sqft 5.67 AC lot

Long‑running successful Mexican restaurant with well‑established clientele
Year built 1998; shingle roof and central air conditioning
Interior features include reception area, restroom(s), ceramic floors, and wood floors
Includes outdoor patios and a deck/patio for guest dining or relaxation
Parking lot included

This listing looks promising.

Here's a quick look at some key insights for

11191 Telegraph Road, Erie, MI 48133-9749

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$49K
Annual
Price @ 7% Cap

$706K
Suggested
Last Sold

Nov 2015
$614K
Property Type

Restaurant
Built 1998

View Property Analytics

Heavy Industrial Land Parcel

Updated: Apr 1, 2025

Heavy Industrial Land Parcel

American Road, Erie, MI 48133

$237,500

6.50 AC lot

6.5+/- acre heavy industrial‑zoned parcel on the Ohio–Michigan state line in Toledo Industrial Park
Approx. 6+/- acres in Michigan and 0.65+/- acres in Ohio
Utilities available at the road: electric, water, and sewer
Secluded, end‑of‑road location within an industrial park setting
Land is ready to be built on

Mexican Restaurant with Outdoor Patios

Mexican Restaurant with Outdoor Patios

11191 Telegraph Road, Erie, MI 48133

$895,000

Includes restaurant equipment, fixtures, and licenses with the sale.

Erie Orchards and Cider Mills

Erie Orchards and Cider Mills

1235 Erie Rd, Erie, MI 48133

Contact for pricing

62.00 AC lot

Successful working farm with approximately 62 acres in production.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Vacant Industrial Land For Sale

Vacant Industrial Land For Sale

SWC Sterns Rd. & S.Dixie Hwy, Erie, MI 48133

Contact for pricing

Vacant industrial land available for purchase.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Erie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Versatile Facility on 6.88 Acres

Versatile Facility on 6.88 Acres

9144 Lewis Ave, Temperance, MI 48182

$398,000

19,760 sqft 6.88 AC lot

19,769 SF facility suitable for diverse uses.

Manufacturing Building with Cranes

Manufacturing Building with Cranes

6255 Suder Ave, Toledo, OH 43611

Contact for pricing

45,320 sqft

Manufacturing building with heavy power, four 10-ton cranes, gas and air compressor lines, and large perimeter warehouse exhaust fans.

Commercial Land on Corner Lot

Commercial Land on Corner Lot

Temperance, MI 48182

Contact for pricing

4 sqft

4.5 acres of commercial land at Crabb and Sterns.

Flex/Warehouse with Drive-Through

Flex/Warehouse with Drive-Through

6180 American Rd, Toledo, OH 43612

Contact for pricing

Warehouse and flex space with updated lighting, office space, and drive-through doors plus up to 24' clear height.

Off-Market Properties in Erie, MI

Consider similar Off-Market properties in Erie, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6978 Telegraph Rd

LIGHT INDUSTRIAL

6978 Telegraph Rd, Erie, MI 48133-9676

$70,000

Estimated value

1,152 sqft 0.41 AC lot

6500 Telegraph Rd

MINI-WAREHOUSE, STORAGE

6500 Telegraph Rd, Erie, MI 48133-9432

$555,000

Estimated value

23,660 sqft 4.89 AC lot

9797 Dixie Hwy

OFFICE BUILDING

9797 Dixie Hwy, Erie, MI 48133-9232

$45,000

Estimated value

628 sqft 0.14 AC lot

6437 Telegraph Rd

RETAIL STORES (PERSONAL SERVICES)

6437 Telegraph Rd, Erie, MI 48133-9432

$160,000

Estimated value

2,228 sqft 5.01 AC lot

I 75th Row

VACANT COMMERCIAL LAND

I 75th Row, Erie, MI 48133

Value Estimation by Request

Erie, MI 48133

VACANT COMMERCIAL LAND

Erie, MI 48133

Value Estimation by Request

2949 Sterns Rd

COMMERCIAL (GENERAL)

2949 Sterns Rd, Erie, MI 48133-9688

$100,000

Estimated value

720 sqft 1.00 AC lot

6240 Benore Rd

PROFESSIONAL CLUBS/ASSOCIATIONS

6240 Benore Rd, Erie, MI 48133-9411

$90,000

Estimated value

7,242 sqft 24.36 AC lot

6836 Dixie Hwy

MOTEL

6836 Dixie Hwy, Erie, MI 48133-9633

Value Estimation by Request

4,568 sqft 1.00 AC lot

3949 Mi State Rd 151

GROCERY, SUPERMARKET

3949 Mi State Rd 151, Erie, MI 48133-9800

$1,300,000

Estimated value

7,233 sqft 10.66 AC lot

2953 Sterns Rd

COMMERCIAL (GENERAL)

2953 Sterns Rd, Erie, MI 48133-9688

$100,000

Estimated value

1,450 sqft 1.00 AC lot

11250 Victory Rd

AUTO REPAIR, GARAGE

11250 Victory Rd, Erie, MI 48133-9360

$130,000

Estimated value

3,219 sqft 1.06 AC lot

6280 Telegraph Rd

COMMERCIAL (GENERAL)

6280 Telegraph Rd, Erie, MI 48133-9434

$125,000

Estimated value

2.59 AC lot

9756 Dixie Hwy

PROFESSIONAL CLUBS/ASSOCIATIONS

9756 Dixie Hwy, Erie, MI 48133-9661

Value Estimation by Request

2,082 sqft 0.27 AC lot

7020 Telegraph Rd

LIGHT INDUSTRIAL

7020 Telegraph Rd, Erie, MI 48133-9676

$140,000

Estimated value

4,000 sqft 0.33 AC lot

7400 Dixie Hwy

AUTO REPAIR, GARAGE

7400 Dixie Hwy, Erie, MI 48133-9660

$60,000

Estimated value

2,872 sqft 1.09 AC lot

Victory Rd

VACANT COMMERCIAL LAND

Victory Rd, Erie, MI 48133

$85,000

Estimated value

5.95 AC lot

6215 Edgewater Dr

RESTAURANT

6215 Edgewater Dr, Erie, MI 48133-9406

$330,000

Estimated value

2,645 sqft 0.70 AC lot

Iroquois

VACANT COMMERCIAL LAND

Iroquois, Erie, MI 48133

$110,000

Estimated value

0.16 AC lot

Erie, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Erie, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,076 square feet of properties for sale, with an estimated market value of $2,027,500.

Sale prices for business properties in Erie, MI start at $237,500, averaging $675,833, and reaching up to $895,000 — 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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Demographics Overview

Population 6,711

Population Growth (5Y) +18.7%

Median Household Income $65,867

College Educated 29.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48133	$830.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

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