Allegan, MI
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    Allegan, MI Conventional Restaurants for Sale

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    Otsego, MI Hopkins, MI Bloomingdale, MI
    Iconic Restaurant and Banquet Venue
    $2,900,000
    35,880 SF

    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

    Turnkey restaurant and banquet venue on 22.3 acres.

    • 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.
    Updated: Apr 2
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    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.

    Turnkey Restaurant in Prime Location
    $1,200,000
    1,788 SF

    Turnkey Restaurant in Prime Location

    Move-in ready restaurant with patio, drive-up window, ample parking.

    1011 136th Avenue, Holland, MI 49424
    View details
    Historic Alto Bar & Grill
    $450,000
    3,830 SF

    Historic Alto Bar & Grill

    Historic Alto Bar & Grill for sale in Alto, Michigan.

    6064 Linfield Avenue SE, Alto, MI 49302
    View details
    Restaurant Opportunity at High-Traffic Corner
    $850,000
    6,206 SF

    Restaurant Opportunity at High-Traffic Corner

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

    442 E 32nd St, Holland, MI 49423
    View details
    Historic Alto Bar & Grill
    $450,000
    0.12 Acres

    Historic Alto Bar & Grill

    Historic Alto Bar & Grill for sale in Alto, Michigan.

    6064 Linfield Avenue SE, Alto, MI 49302
    View details

    Allegan, MI Conventional Restaurants Investment Opportunities Market Analysis

    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

    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 Strategic Investment

    Identify Allegan submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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