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    Charlevoix, MI
    Conventional Restaurant

    Charlevoix, MI Conventional Restaurants for Sale

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    East Jordan, MI Ellsworth, MI Boyne City, MI Central Lake, MI Eastport, MI Petoskey, MI Kewadin, MI Northport, MI
    Mixed-Use Building with Restaurant Tenant
    Updated: Feb 2
    Mixed-Use Building with Restaurant Tenant

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft
    5,656‑SF mixed‑use building at 107 & 111 Bridge Street in Downtown Charlevoix, MI
    Direct US‑31 frontage with over 15,000 vehicles passing daily during peak summer months
    Ground level fully occupied by The Happy Troll Restaurant under a solid five‑year lease
    Two 1‑bedroom residential condos above the restaurant, each with a private balcony
    Cable available; heating uses natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    109 & 111 Bridge, Charlevoix, MI 49720

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $969K
      Suggested
    View Property Analytics
    Turnkey Restaurant in Downtown Charlevoix
    Updated: Apr 10
    Turnkey Restaurant in Downtown Charlevoix

    311 Bridge Street, Charlevoix, MI 49720

    $55,000
    1,007 sqft
    Established, profitable restaurant business since 2014.
    Prime downtown Charlevoix location directly across from the marina.
    Turnkey operation, fully outfitted and ready for immediate operation.
    Strong brand recognition and loyal customer base.
    Financials available demonstrating consistent profitability.
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    Turn-Key Restaurant with Liquor License
    Turn-Key Restaurant with Liquor License

    111 Bridge St, Charlevoix, MI 49720

    Contact for pricing

    Turn-key restaurant business for sale with 105 seats, liquor license, catering, and established takeout.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Charlevoix, 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.

    Remodeled Handicap-Accessible Retail Space
    Remodeled Handicap-Accessible Retail Space

    103 S Division Street, Bellaire, MI 49615

    $245,000
    1,400 sqft 0.23 AC lot

    Remodeled storefront with low-maintenance finishes, handicap-accessible restrooms, and natural light, offered for sale or lease.

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    Bayside Restaurant with Tavern License
    Bayside Restaurant with Tavern License

    3890 Charlevoix Ave, Petoskey, MI 49770

    $120,000
    2,150 sqft

    Well-established restaurant serving breakfast and lunch, with a tavern license available by application.

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    Restaurant with Tavern License Opportunity
    Restaurant with Tavern License Opportunity

    3890 Charlevoix Avenue, Petoskey, MI 49770

    $99,000
    2,150 sqft

    Established Petoskey restaurant offers breakfast and lunch service and includes a tavern license opportunity for qualified tenants.

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    Restaurant and Vacation Rental Building
    Restaurant and Vacation Rental Building

    213 N Bridge Street, Bellaire, MI 49615

    Contact for pricing

    Four vacation rentals operate under 30-day leases alongside a 5,000 sf restaurant space with fixtures and a long-term tenant.

    View details

    Charlevoix, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Charlevoix, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,663 square feet of properties for sale, with an estimated market value of $1,505,000.

    Sale prices for conventional restaurants in Charlevoix, MI start at $55,000, averaging $752,500, and reaching up to $1,450,000 — 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 3

    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49720 $55K

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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