Alanson, MI Conventional restaurants for sale

Updated: May 28

Turn-Key Restaurant with Living Quarters

7515 S U.S. 31 Highway, Alanson, MI 49706

$699,000

5,317 sqft

Turn‑key restaurant with Resort Liquor License included.
Exceptional highway visibility (15,300 cars daily).
Fully equipped with bar, dining room, and party room.
Living quarters upstairs for owner/staff.
Includes two additional lots for expansion.

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This listing looks promising.

Here's a quick look at some key insights for

7515 S U.S. 31 Highway, Alanson, MI 49706

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$45K
Annual
Price @ 7% Cap

$643K
Suggested
Last Sold

May 2017
$175K

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Updated: Jun 7

Turn-Key Restaurant with Liquor License

7515 S US 31 Highway, Alanson, MI 49706

$699,000

5,317 sqft

Restaurant near the Crooked River with average 15,300 cars passing daily for highway visibility
Fully equipped with complete bar area, spacious dining room, and a back room for parties
Upstairs living quarters for owner occupancy or staff housing, plus plenty of basement storage
Recent upgrades include newer furnace and AC unit (air‑conditioned kitchen) and electrical system upgrades
Sale includes a Resort Liquor License, inventory included, and two additional lots for outdoor seating or parking

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Alanson, 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.

Turnkey Restaurant in Downtown Charlevoix

311 Bridge Street, Charlevoix, MI 49720

$55,000

1,007 sqft

Profitable restaurant business for sale in high-traffic downtown location.

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Mixed-Use Building with Restaurant

109 & 111 Bridge, Charlevoix, MI 49720

$1,450,000

5,656 sqft

Downtown mixed-use building combines a street-level restaurant with two residential units and rear alley parking.

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Waterfront Restaurant & Ice Cream Parlor

6492 Paradise Trail, Carp Lake, MI 49718

$599,000

5,193 sqft

Established restaurant and ice cream parlor in Carp Lake, Michigan.

View details

Waterfront Restaurant & Ice Cream Parlor

6492 Paradise Trail, Carp Lake, MI 49718

$599,000

5,193 sqft

Established restaurant and ice cream parlor in Carp Lake, Michigan.

View details

Alanson, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Alanson, MI on our real estate platform. These investment opportunities span a total of 10,634 square feet of properties for sale, with an estimated market value of $1,398,000.

Sale prices for conventional restaurants in Alanson, MI start at $699,000, averaging $699,000, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49706	$699K

Neighborhood

Average Price

49706

$699K