Conventional Restaurant

Cadillac, MI Conventional Restaurants for Sale

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Found 7 conventional restaurant listings for sale in Cadillac, MI, averaging $87/sq ft. Use valuation data to compare deals faster.
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Convenience Store with Apartment
Updated: Sep 12, 2025
Convenience Store with Apartment

2020 E 24 Road, Cadillac, MI 49601

$350,000
3,300 sqft 0.43 AC lot
3,300‑square‑foot convenience store with food service
Renovated 4‑bedroom apartment above the store
New ovens, refrigeration units, and flooring
New windows, flooring, kitchen, and updated bathroom in apartment
Transferable liquor license
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Restaurant Property with Event Center
Updated: Jan 28, 2025
Restaurant Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$499,900
6,850 sqft 2.25 AC lot
2.25‑acre parcel with three separate commercial buildings
2,880‑square‑foot renovated greenhouse event center
Main building measures close to 4,000 square feet
30' x 40' pole building provides dedicated storage
Two access points plus back‑street access; visible from Mitchell Street
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Restaurant Property with Event Center
Restaurant Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$499,900
6,850 sqft 2.25 AC lot

Three-building commercial compound includes food-service improvements, gathering space, and on-site parking.

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Operating Restaurant Business For Sale
Operating Restaurant Business For Sale

119 S Mitchell St, Cadillac, MI 49601

$845,000
9,300 sqft

Fully renovated restaurant business opportunity in Cadillac, Michigan.

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Renovated Restaurant with Bar
Renovated Restaurant with Bar

119 S Mitchell Street, Cadillac, MI 49601

$845,000
9,300 sqft 0.12 AC lot

Operating restaurant business with a renovated building, full kitchen, bar, and second-floor deck.

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Waterfront Restaurant Building
Waterfront Restaurant Building

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Lakefront restaurant property with substantial interior space, paved parking, waterfront access, and a seasonal dining deck.

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Lakefront Conventional Restaurant
Lakefront Conventional Restaurant

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Waterfront restaurant property with a seasonal deck, paved parking, and direct access to Lake Cadillac.

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7 active listings match your search: Restaurant for sale in Cadillac, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Restaurant and Tavern
Historic Restaurant and Tavern

202 N Main St, Evart, MI 49631

$669,000
9,236 sqft

Fully equipped hospitality property with dual kitchens, dedicated office space, and walk-in refrigeration.

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Waterfront Restaurant and Bar
Waterfront Restaurant and Bar

113 S Main Street, Lake City, MI 49651

$499,900
2,461 sqft 0.30 AC lot

Equipped dining and bar facility with an outdoor patio, parking lot, and downtown positioning near public lake access.

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Waterfront Restaurant and Bar
Waterfront Restaurant and Bar

Lake City, MI 49651

$499,900
2,461 sqft

Fully equipped dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.

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Restaurant Building with Bar
Restaurant Building with Bar

201 W 7th Street, Evart, MI 49631

$169,000
1,948 sqft

Commercial zoning, a parking lot, and public sewer support the existing restaurant configuration.

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Cadillac, MI Conventional Restaurants Market Trends and Statistics

Explore 7 conventional restaurants for sale in Cadillac, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 45,872 square feet of properties for sale, with an estimated market value of $4,587,800.

Sale prices for conventional restaurants in Cadillac, MI start at $350,000, averaging $655,400, and reaching up to $845,000 — 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

Conventional restaurants 8
Coffee shops 3
Bars & Pubs 2
Commercial kitchens 1
Drive through restaurants 1

Demographics Overview

Population 22K
Population Growth (5Y) +2.8%
Median Household Income $65,704
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49601 $655.4K

Taxes & Financing

Tax Rate (average for all types) 3.67%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wexford County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Cadillac fall within the 10,000 to 25,000 square foot range.

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