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    Michigan Conventional Restaurants for Sale

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    Restaurant Building with Dining Addition
    Restaurant Building with Dining Addition

    5036 Paw Paw Lake Road, Coloma, MI 49038

    $300,000
    2,000 sqft 0.38 AC lot

    For-sale restaurant building with a 20' x 40' addition and recent upgrades including a new roof and updated electrical.

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    This listing looks promising.

    Here's a quick look at some key insights for

    5036 Paw Paw Lake Road, Coloma, MI 49038

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $318K
      Above asking

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 1954
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    Turnkey Chinese Restaurant
    Turnkey Chinese Restaurant

    2246 W Coldwater Road, Flint, MI 48505

    $104,900
    1,218 sqft 0.34 AC lot

    For-sale Chinese restaurant with built-in refrigeration, cooking equipment, and dining furnishings ready for immediate operations.

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    Leased Restaurant Property
    Leased Restaurant Property

    1600 S Stephenson Avenue, Iron Mountain, MI 49801

    $495,000
    2,528 sqft 0.66 AC lot

    Restaurant property in commercial zoning, currently leased to a national chain pizza company.

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    Corner Restaurant and Apartment
    Corner Restaurant and Apartment

    20 E Remus Rd, Mt Pleasant, MI 48858

    $289,900
    2,220 sqft

    2,220 sq. ft. property with commercial kitchen facilities and an upstairs 2-bedroom apartment on a corner lot.

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    Industrial
    Industrial

    W 10691 W Grand River Road Unit SourceFi, Fowlerville, MI 48836

    $350,000
    2,939 sqft

    Conventional restaurants · 2,939 SF

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    Convenience Store and Restaurant
    Convenience Store and Restaurant

    2020 E 24 Road, Cadillac, MI 49601

    $350,000
    3,300 sqft 0.43 AC lot

    Turn-key convenience store with recently updated kitchen and refrigeration, plus a renovated 4-bedroom apartment above.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Commercial Land on Main Street
    Mixed-Use Commercial Land on Main Street

    903 Main Street, Frankfort, MI 49635

    $1,100,000
    0.57 AC lot

    Four mixed-use commercial lots on Main Street with allowance for up to three stories at the east end.

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    Restaurant and Retail Property
    Restaurant and Retail Property

    W 1360 W Fort Street Unit SourceFi, Detroit, MI 48226

    $520,000
    2,504 sqft

    Established restaurant property with dine-in seating, a self-serve station, and an included commercial kitchen plus an interior retail store.

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    Updated Subway Restaurant Leasehold
    Updated Subway Restaurant Leasehold

    30979 Five Mile Road Unit SourceFi, Livonia, MI 48154

    $194,800
    1,200 sqft

    Newly updated 2025 Subway space in a busy strip mall with a long-term lease in place.

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    Move-In Ready Cafe9 Restaurant Space
    Move-In Ready Cafe9 Restaurant Space

    5838 Schaefer Road Unit SourceFi, Dearborn, MI 48126

    $199,900
    1,000 sqft

    Fully built-out cafe/restaurant with a commercial hood system and included equipment, ready for immediate operation.

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    Turnkey Restaurant and Bar Building
    Turnkey Restaurant and Bar Building

    130 Washington Avenue Unit SourceFi, Iron River, MI 49935

    $199,000
    2,923 sqft

    Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

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    Gutted Restaurant Building and Cottage
    Gutted Restaurant Building and Cottage

    5575 Paw Paw Lake Road, Coloma, MI 49038

    $647,000
    2,000 sqft

    Historic former restaurant is gutted and ready for redevelopment, with furnished cottage, garage, and five parking spaces.

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    Turnkey Diner Restaurant
    Turnkey Diner Restaurant

    W 111 W Michigan Avenue Unit SourceFi, Augusta, MI 49012

    $399,900
    1,900 sqft

    Turnkey restaurant with fully equipped commercial kitchen and dining room furnishings, with furniture, fixtures, and equipment included.

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    Brand-New Commercial Building with Bathroom
    Brand-New Commercial Building with Bathroom

    Lake Odessa, MI 48849

    $260,000
    900 sqft 1.42 AC lot

    Gym building on a busy intersection with Woodland Township General Commercial zoning for flexible tenant or buyer use.

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    Restaurant with Tavern License Opportunity
    Restaurant with Tavern License Opportunity

    3890 Charlevoix Avenue, Petoskey, MI 49770

    $99,000
    2,150 sqft

    Established Petoskey restaurant offers breakfast and lunch service and includes a tavern license opportunity for qualified tenants.

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    Waterfront Motel and Marina
    Waterfront Motel and Marina

    215 & 217 Arthur St Unit SourceFi, Manistee, MI 49660

    $985,000
    9,000 sqft

    Motel and marina with long-term rental units, a restaurant, and lake frontage with eight boat slips.

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    Cadillac Commercial Property with Event Center
    Cadillac Commercial Property with Event Center

    916 S Mitchell Street, Cadillac, MI 49601

    $595,000
    6,850 sqft 2.25 AC lot

    Three buildings on 2.25 acres with event center.

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    Multi-Building Restaurant and Event Property
    Multi-Building Restaurant and Event Property

    916 S Mitchell Street, Cadillac, MI 49601

    $595,000
    6,850 sqft 2.25 AC lot

    Three-building property includes a restaurant kitchen with seating and a renovated greenhouse event center plus storage pole building.

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    Four-Season Resort with River Frontage
    Four-Season Resort with River Frontage

    6841 Brown Bridge Road Unit SourceFi, Traverse City, MI 49696

    $3,500,000
    10,404 sqft 40.00 AC lot

    Four-season resort offering 15 motel units, restaurant with liquor license, campsites, and 1,300 feet of private Boardman River frontage.

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    Victorian Hotel with Lake Michigan Views
    Victorian Hotel with Lake Michigan Views

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    10.00 AC lot

    Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

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    Retail Center with Vacant Possession
    Retail Center with Vacant Possession

    1060 Trowbridge Road, East Lansing, MI 48823

    Contact for pricing
    7,975 sqft

    Retail center in East Lansing with tenant set to vacate, allowing the next owner to reconfigure and lease portions.

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    Bakery Retail Space with Lake Views
    Bakery Retail Space with Lake Views

    N 560 N Hancock Street Unit SourceFi, Pentwater, MI 49449

    $349,900
    1,395 sqft

    For sale bakery space featuring views of Pentwater Lake.

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    Northern Michigan Restaurant and Bar
    Northern Michigan Restaurant and Bar

    4965 Salling Avenue, Lewiston, MI 49756

    $549,000
    6,630 sqft 3.00 AC lot

    Established restaurant and bar with expansion potential on 3+ acres.

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    Downtown Bakery Retail Space
    Downtown Bakery Retail Space

    560 N Hancock Street #5, Pentwater, MI 49449

    $349,900
    1,300 sqft

    1,300 sq ft bakery space with lake views in downtown Pentwater.

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