Conventional Restaurant

Cheboygan, MI Conventional Restaurants for Sale

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Indian River, MI Onaway, MI Afton, MI Ocqueoc, MI Topinabee, MI Pointe Aux Pins, MI Brutus, MI Levering, MI
Restaurant Building with Commercial Kitchen
Updated: Aug 17
Restaurant Building with Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft 0.10 AC lot
2,064‑square‑foot restaurant building at 330 N Main Street in Cheboygan
Class C Liquor License included with the real estate and fixtures
Double commercial kitchen with two functioning exhaust hoods
Walk‑in cooler, walk‑in freezer, and commercial kitchen equipment
Custom copper bar top depicting the Inland Waterway and Straits of Mackinac
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18-Hole Golf Course with Restaurant
Updated: Jul 31
18-Hole Golf Course with Restaurant

4849 N Black River Road, Cheboygan, MI 49721

$650,000
2,500 sqft 85.48 AC lot
85.48‑acre golf course property in Cheboygan, Michigan
18‑hole golf course with clubhouse improvements
Clubhouse includes a full‑service restaurant and bar
2,500‑square‑foot clubhouse with space for private events and tournaments
Maintenance barn provides storage for golf course equipment and golf carts
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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft

Includes a Class C liquor license, furnishings, and a fully equipped double commercial kitchen.

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18-Hole Golf Course with Clubhouse
18-Hole Golf Course with Clubhouse

4849 N Black River Rd, Cheboygan, MI 49721

$650,000
2,500 sqft 85.00 AC lot

Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

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Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

220 N Main St, Cheboygan, MI 49721

$785,000

Fully operational bar and restaurant for sale.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Cheboygan, 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.

Brewery with Covered Dining
Brewery with Covered Dining

6352 N Lake Shore Drive, Harbor Springs, MI 49740

$595,000
3,797 sqft 1.52 AC lot

Includes indoor dining, a covered outdoor bar and dining area, upper-level offices, and basement storage space.

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Waterfront Conventional Restaurant
Waterfront Conventional Restaurant

6229 East Street, Alanson, MI 49706

$385,000
1,568 sqft 0.40 AC lot

B-1 zoning, a corner setting, and an included dock support a restaurant-oriented commercial property.

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Waterfront Restaurant with Dock
Waterfront Restaurant with Dock

6229 East Street, Alanson, MI 49706

$385,000

Restaurant property with river frontage, a dock, corner-lot positioning, and B-1 zoning in a walkable downtown setting.

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Brewery Restaurant Building
Brewery Restaurant Building

6352 N Lake Shore Drive, Harbor Springs, MI 49740

$595,000

Includes indoor dining, a covered outdoor bar and dining area, offices, conference space, and basement storage.

View details

Cheboygan, MI Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in Cheboygan, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,128 square feet of properties for sale, with an estimated market value of $3,483,000.

Sale prices for conventional restaurants in Cheboygan, MI start at $650,000, averaging $696,600, and reaching up to $785,000 — 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 6
Conventional restaurants 6
Commercial kitchens 2

Demographics Overview

Population 14K
Population Growth (5Y) -2.2%
Median Household Income $60,840
College Educated 29.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49721 $711.3K

Taxes & Financing

Tax Rate (average for all types) 3.46%
Tax Rate vs County Average 0.26 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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