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    Coleman, MI
    Conventional Restaurant

    Coleman, MI Conventional Restaurants for Sale

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    Mount Pleasant, MI Clare, MI Beaverton, MI Sanford, MI Lincoln, MI Shepherd, MI Hope, MI Midland, MI
    Renovated Cafe Restaurant
    Updated: May 7
    Renovated Cafe Restaurant

    300 E Railway Street, Coleman, MI 48618

    $165,000
    2,834 sqft 0.28 AC lot
    2,834‑square‑foot cafe restaurant building
    Renovated in 2023
    Commercial kitchen with preparation and storage areas
    Sale includes the building, business, and operational equipment
    20 on‑site parking spaces
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    This listing looks promising.

    Here's a quick look at some key insights for

    300 E Railway Street, Coleman, MI 48618

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Above asking

    • Last Sold

      May 2012
      $100K
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Coleman, 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.

    Downtown Riverfront Restaurant Building
    Downtown Riverfront Restaurant Building

    506 W Broadway, Mt Pleasant, MI 48858

    $1,500,000
    10,327 sqft 7.00 AC lot

    Restaurant property with river frontage in downtown Mt. Pleasant and current operators Mountain Town Station and Camille's on the River.

    View details
    Bar and Restaurant with Outdoor Patio
    Bar and Restaurant with Outdoor Patio

    114 W 4th Street, Clare, MI 48617

    $535,000
    1,571 sqft 0.08 AC lot

    Turnkey bar and restaurant with central air, forced-air heat, and a year-round outdoor patio for up to 50 guests.

    View details
    Turnkey Bar & Grill Opportunity
    Turnkey Bar & Grill Opportunity

    114 W 4th Street, Clare, MI 48617

    Contact for pricing
    1,571 sqft

    Established bar and restaurant with loyal customer base and outdoor patio.

    View details
    Waterfront Restaurant Property
    Waterfront Restaurant Property

    506 West Broadway Street, Mt Pleasant, MI 48858

    Contact for pricing
    10,327 sqft

    Downtown waterfront restaurant property with building and 7 acres along a 600-foot river frontage.

    View details

    Coleman, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Coleman, MI on our real estate platform. These investment opportunities span a total of 2,834 square feet of properties for sale, with an estimated market value of $165,000.

    Sale prices for conventional restaurants in Coleman, MI average $165,000 — 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

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 5,110
    Population Growth (5Y) -0.6%
    Median Household Income $58,523
    College Educated 17.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48618 $165K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Midland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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