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    Allegan, MI
    Conventional Restaurant

    Allegan, MI Conventional Restaurants for Sale

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    Otsego, MI Gobles, MI Hopkins, MI
    Iconic Restaurant and Banquet Venue
    Updated: Apr 2
    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft · 22.30 AC lot
    Turnkey restaurant and banquet hall business opportunity with established reputation.
    Unique "grill your own" steakhouse concept (The Grill House).
    Elegant banquet and catering space (The Silo) suitable for weddings and events.
    22.3 acres of land with stocked pond, gazebo, and abundant wildlife.
    Historic building with modern amenities.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    101 W Saint Joseph Street, Lawrence, MI 49064

    $499,900
    5,952 sqft · 0.22 AC lot

    Fully operational bar and restaurant with major systems updates and included liquor license.

    View details
    Restaurant Opportunity at High-Traffic Corner
    Restaurant Opportunity at High-Traffic Corner

    442 E 32nd St, Holland, MI 49423

    $850,000
    6,206 sqft

    6,206 SF restaurant with complete kitchen package available for purchase.

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    Holland Restaurant with Drive-Thru
    Holland Restaurant with Drive-Thru

    517 Butternut Dr, Holland, MI 49424

    $395,000

    Well-maintained restaurant with drive-thru in high-traffic location.

    View details
    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    101 W Saint Joseph Street, Lawrence, MI 49064

    $499,900
    5,952 sqft

    Fully equipped bar and restaurant for sale with liquor license and parking for about 25 vehicles.

    View details

    Allegan, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 35,880 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for conventional restaurants in Allegan, MI start at $2,900,000, averaging $2,900,000, and reaching up to $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
    Drive through restaurants 1

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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