Conventional Restaurant

Cadillac, MI Conventional Restaurants for Sale

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Convenience Store and Restaurant
Updated: Sep 12, 2025
Convenience Store and Restaurant

2020 E 24 Road, Cadillac, MI 49601

$350,000
3,300 sqft 0.43 AC lot
Established convenience store with food operation and recent upgrades including new ovens, refrigeration units, and new flooring
Completely renovated 4‑bedroom apartment above the store with all‑new windows, flooring, brand‑new kitchen, and fully updated bathroom
Liquor license transfers at closing
Exterior features include vinyl siding; building constructed with frame materials
Roof includes asphalt and metal; water source is private
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Cadillac Commercial Property with Event Center
Updated: Jan 28, 2025
Cadillac Commercial Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$595,000
6,850 sqft 2.25 AC lot
Turnkey business opportunity: Includes existing deli, BBQ, and event center with equipment, furniture, and fixtures.
Unique 2880 sq ft renovated Greenhouse event center featuring new roof panels, stamped concrete floor, and radiant heaters.
Large 2.25‑acre parcel with three buildings, including a 4,000 sq ft main building and a 30' x 40' pole building, offering room for expansion.
Prime location on the south end of Downtown Cadillac with high visibility from Mitchell Street and multiple access points.
Includes walk‑in freezer and walk‑in cooler.
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Multi-Building Restaurant and Event Property
Multi-Building Restaurant and Event Property

916 S Mitchell Street, Cadillac, MI 49601

$595,000
6,850 sqft 2.25 AC lot

Three-building property includes a restaurant kitchen with seating and a renovated greenhouse event center plus storage pole building.

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Cadillac Commercial Property with Event Center
Cadillac Commercial Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$595,000
4,000 sqft 2.25 AC lot

Three buildings on 2.25 acres with event center.

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Turnkey Bakery Business
Turnkey Bakery Business

9052 E 13th Street, Cadillac, MI 49601

$49,900
990 sqft 0.10 AC lot

Turnkey bakery business offered for sale with drive-thru window at a busy roundabout corner.

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Turnkey Full-Service Restaurant
Turnkey Full-Service Restaurant

119 S Mitchell Street, Cadillac, MI 49601

$845,000
9,300 sqft 0.12 AC lot

Fully operating restaurant with 2018 renovation, including full kitchen and bar buildout and a sprinkler system.

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Turn-Key Restaurant with Waterfront Deck
Turn-Key Restaurant with Waterfront Deck

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Turn-key restaurant offering interior seating plus seasonally popular waterfront deck seating for 60.

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Turnkey Bakery with Drive-Through
Turnkey Bakery with Drive-Through

E 9052 E 13th Street Unit SourceFi, Cadillac, MI 49601

$49,900
990 sqft

Turnkey bakery business offer including a drive-through window at a southeast corner retail location in Cadillac.

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Turn-Key Waterfront Restaurant
Turn-Key Waterfront Restaurant

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Turn-key restaurant with interior seating and a seasonally used waterfront deck for 60.

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Operating Restaurant Business For Sale
Operating Restaurant Business For Sale

119 S Mitchell Street, Cadillac, MI 49601

$845,000
9,300 sqft 0.12 AC lot

Fully renovated restaurant business opportunity in Cadillac, Michigan.

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Turnkey Drive-Thru Bakery Business
Turnkey Drive-Thru Bakery Business

Cadillac, MI 49601

$49,900

Well-established bakery business with drive-thru window service and daily baked goods for immediate purchase.

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Waterfront Restaurant Opportunity
Waterfront Restaurant Opportunity

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Turnkey restaurant with waterfront views and seating in Cadillac, MI.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Cadillac, 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.

Updated Main Street Retail Storefront
Updated Main Street Retail Storefront

137 N Main Street, Evart, MI 49631

$250,000
1,666 sqft 0.07 AC lot

Move-in ready storefront with updated doors, windows, roof, and interior systems, plus two restrooms and kitchenette.

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Turnkey Restaurant with Equipment
Turnkey Restaurant with Equipment

137 N Front Street, Lake City, MI 49651

$289,900
1,400 sqft 0.25 AC lot

Turnkey restaurant sale includes real estate, equipment, and inventory for a ready-to-operate concept.

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Restaurant Building with Bar Seating
Restaurant Building with Bar Seating

201 W 7th Street, Evart, MI 49631

$169,000
1,948 sqft

Restaurant building with an equipped kitchen and bar seating, ready for home-style dining concepts.

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Restaurant with Natural Gas Pizza Oven
Restaurant with Natural Gas Pizza Oven

81 N Morey Road, Lake City, MI 49651

$119,900

Turnkey pizza restaurant offering included commercial kitchen equipment and high-visibility roadside access near major intersections.

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Cadillac, MI Conventional Restaurants Market Trends and Statistics

Explore 12 conventional restaurants for sale in Cadillac, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 56,988 square feet of properties for sale, with an estimated market value of $6,296,700.

Sale prices for conventional restaurants in Cadillac, MI start at $49,900, averaging $524,725, 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 16
Coffee shops 5
Commercial kitchens 4
Drive through restaurants 3
Bars & Pubs 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 $730.8K

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)

Average Property Price per SF

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

Retail

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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