Conventional Restaurant

Escanaba, MI Conventional Restaurants for Sale

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Restaurant and Auto Shop Building
Updated: Mar 30
Restaurant and Auto Shop Building

1636 Ludington Street, Escanaba, MI 49829

$700,000
11,000 sqft 0.70 AC lot
Restaurant retains separate heating and cooling systems
Rubber roof over the restaurant replaced in 2025
Automotive area includes natural gas heater and wood furnace
Equipment left for the repair shop: car hoist, air compressor, and tire racks
Approximately 11,000 SF on 0.7 acres; built in 1920
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Brick Storefront Building with Parking
Updated: Feb 20
Brick Storefront Building with Parking

201 N Lincoln Street, Escanaba, MI 49829

$575,000
4,400 sqft 0.23 AC lot
Brick storefront building on a 0.23‑acre lot
Approximately 4,400 square feet of flexible commercial space
Almost completely gutted remodel with a clean slate build‑out
Built in 1962 with commercial zoning
Ample parking for customers and staff
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Escanaba Corner Property with Restaurant
Escanaba Corner Property with Restaurant

1636 Ludington, Escanaba, MI 49829

$700,000

Mixed-use property featuring a restaurant and auto shop.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Escanaba, 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.

Restaurant and Bar with Bowling Lanes
Restaurant and Bar with Bowling Lanes

616 Main Street, Norway, MI 49870

$350,000
9,132 sqft 0.24 AC lot

Restaurant and bar offering daily specials, with bowling lanes still installed in the building.

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Turnkey Restaurant with Ansul Fire Suppression
Turnkey Restaurant with Ansul Fire Suppression

N17480 US Highway 141 Road, Pembine, WI 54156

$349,000
2,472 sqft 3.49 AC lot

Fully operational restaurant with approx 55-seat dining area and included equipment and furnishings plus Ansul fire suppression.

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Restaurant and Bar with Bowling Lanes
Restaurant and Bar with Bowling Lanes

616 Main St, Norway, MI 49870

$350,000

Operating restaurant and bar with a full bar and bowling lanes still installed within the building.

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Turnkey Restaurant in Beecher
Turnkey Restaurant in Beecher

N17480 US HIGHWAY 141, Pembine, WI 54156

Contact for pricing

Fully operational restaurant with equipment and furnishings included in sale.

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Escanaba, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Escanaba, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,400 square feet of properties for sale, with an estimated market value of $1,975,000.

Sale prices for conventional restaurants in Escanaba, MI start at $575,000, averaging $658,333, and reaching up to $700,000 — 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 4
Bars & Pubs 3

Demographics Overview

Population 17K
Population Growth (5Y) -0.5%
Median Household Income $45,808
College Educated 23.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49829 $658.3K

Taxes & Financing

Tax Rate (average for all types) 4.91%
Property Tax per SF $85.03 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delta County

New Delisted

Total CRE Inventory on Market (SF)

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