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    Allegan, MI
    Conventional Restaurant

    Allegan, MI Conventional Restaurants for Sale

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    Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Hamilton, MI Grand Junction, MI
    Restaurant and Banquet Property
    Updated: Apr 2
    Restaurant and Banquet Property

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot
    35,880‑square‑foot restaurant and banquet property
    22.3‑acre Allegan property with a stocked pond and gazebo
    The Grill House steakhouse includes an on‑site grilling concept
    Adjacent The Silo provides banquet and catering space
    Concrete and wood siding construction with a metal roof
    View details
    Historic Restaurant and Banquet Venue
    Updated: Jul 24
    Historic Restaurant and Banquet Venue

    1071 32nd St, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot
    22.3‑acre restaurant and event property in Allegan, Michigan
    The Grill House restaurant with a grill‑your‑own steakhouse concept
    Adjacent The Silo banquet and catering facility
    Stocked pond and gazebo included on the grounds
    Restaurant and banquet uses support weddings, community events, and catering
    View details
    See hot listings in Allegan

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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

    Concert Venue with Restaurant
    Concert Venue with Restaurant

    117 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft

    Two-stage entertainment property with brewery operations, hospitality space, and multiple service locations.

    View details
    Restaurant with Concert Venue
    Restaurant with Concert Venue

    117133 117 - 133 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft

    Multi-use property with brewery operations, hospitality space, office areas, and indoor and outdoor event capacity.

    View details
    Restaurant and Bar with Banquet Space
    Restaurant and Bar with Banquet Space

    233 W Monroe Street, Bangor, MI 49013

    $399,900
    6,438 sqft 0.17 AC lot

    Established food-and-beverage property with a commercial kitchen, pool hall, meeting areas, and Class C liquor license.

    View details
    Restaurant and Bar with Banquet Space
    Restaurant and Bar with Banquet Space

    233 W Monroe St, Bangor, MI 49013

    $399,900
    6,438 sqft

    A Class C liquor license accompanies a dining room, full kitchen, pool hall, and event space.

    View details

    Allegan, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 71,760 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for conventional restaurants in Allegan, MI average $2,900,000 — 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

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.5%
    Median Household Income $72,361
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49010 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.99%
    Property Tax per SF $66.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

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