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    Alger, MI
    Conventional Restaurant

    Alger, MI Conventional Restaurants for Sale

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    West Branch, MI Prescott, MI Sterling, MI Clayton Twp, MI Omer, MI Gladwin, MI Standish, MI Hale, MI
    Remodeled Restaurant and Bar
    Updated: Jul 14
    Remodeled Restaurant and Bar

    5827 S M-76, Alger, MI 48610

    $249,900
    2,288 sqft 2.40 AC lot
    Established restaurant and bar (Nordic Spirits and Grill) on 2.45 acres
    Includes pool table, all furniture and fixtures, plus jukebox and ATM on 50/50 profits (no lease fees)
    Liquor license included with the listing
    Remodel updates include epoxy flooring, insulation, evaporation cooler system, and updated lighting
    Kitchen includes 3‑bay sunk‑in sinks, deep fryer, freezer, and ice maker
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alger, 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.

    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    633 Court Street, West Branch, MI 48661

    $570,000
    7,038 sqft 2.68 AC lot

    Former restaurant with a large kitchen and walk-in refrigeration, supporting food service operations or alternate concepts.

    View details
    Turnkey Drive-Through Restaurant Business
    Turnkey Drive-Through Restaurant Business

    2008 Greenwood Road, Prescott, MI 48756

    $199,000
    912 sqft 0.52 AC lot

    Turnkey ice cream and fast-food operation with drive-thru service, including furnishings, equipment, and inventory for continuity.

    View details
    Restaurant Property on 2.5 Acres
    Restaurant Property on 2.5 Acres

    633 Court St, West Branch, MI 48661

    $570,000
    7,000 sqft 2.50 AC lot

    High-visibility restaurant property with large kitchen and parking.

    View details
    Retail Space with Restaurant Area
    Retail Space with Restaurant Area

    Prescott, MI 48756

    $75,000

    Versatile retail building with an integrated restaurant section and a dedicated shipping and receiving door.

    View details

    Alger, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 2,288 square feet of properties for sale, with an estimated market value of $249,900.

    Sale prices for conventional restaurants in Alger, MI start at $249,900, averaging $249,900, and reaching up to $249,900 — 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

    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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