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    Erie, MI
    Conventional Restaurant

    Erie, MI Conventional Restaurants for Sale

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    Mexican Restaurant with Patios
    Updated: Oct 31, 2024
    Mexican Restaurant with Patios

    11191 Telegraph Road, Erie, MI 48133

    $895,000
    5,076 sqft 5.67 AC lot
    5,076‑square‑foot restaurant building on 5.67 acres
    Equipment, fixtures, and licenses included
    Two outdoor patios overlooking private settings
    Built in 1998 with central air conditioning
    Parking lot and private water source
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    See hot listings in Erie

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Erie, 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.

    Single-Tenant NNN Restaurant Property
    Single-Tenant NNN Restaurant Property

    1740 W Sylvania Ave, Toledo, OH 43613

    $631,579
    5,332 sqft 1.00 AC lot

    Remodeled restaurant and bar with dual curb cuts, monument and fascia signage, and rear delivery access.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    37 S Monroe St, Monroe, MI 48161

    $399,900
    2,139 sqft

    Two-level property combines restaurant facilities on the ground floor with separate residential space above.

    View details
    Bojangles NNN Property
    Bojangles NNN Property

    424 North Telegraph Road, Monroe, MI 48162

    Contact for pricing
    1,845 sqft 0.71 AC lot

    Restaurant building supported by a 20-year triple-net lease with annual rent increases.

    View details
    Restaurant Buildings For Sale
    Restaurant Buildings For Sale

    5038 & 5044 Lewis Ave, Toledo, OH 43612

    Contact for pricing
    4,260 sqft

    Two adjacent commercial buildings configured for restaurant use.

    View details

    Erie, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Erie, MI on our real estate platform. These investment opportunities span a total of 5,076 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for conventional restaurants in Erie, MI average $895,000 — 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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    Conventional restaurants 1

    Demographics Overview

    Population 6,711
    Population Growth (5Y) +18.7%
    Median Household Income $65,867
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48133 $895K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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