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    Escanaba, MI
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    Escanaba, MI Conventional Restaurants for Sale

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    Wells, MI Gladstone, MI Cornell, MI
    Prime Escanaba Corner Investment
    $700,000
    11,000 SF

    Prime Escanaba Corner Investment

    1636 Ludington, Escanaba, MI 49829

    Commercial building with restaurant and auto shop in Escanaba.

    • Prime corner location at the intersection of Escanaba, Stephenson, and Ludington streets.
    • Existing tenant (La Cantina Mexican restaurant) provides immediate rental income of $3200/month plus utilities and is interested in a long‑term lease.
    • Includes two additional lots across the alley, expanding the property's potential.
    • Restaurant roof was recently replaced in 2025 with a $40,000 rubberized sealing.
    • Garage/repair shop includes valuable equipment: car hoist, large air compressor, and tire racks.
    Updated: Mar 30
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    Escanaba Corner Property with Restaurant
    $700,000

    Escanaba Corner Property with Restaurant

    1636 Ludington, Escanaba, MI 49829

    Mixed-use property featuring a restaurant and auto shop.

    • Prime corner location at the intersection of Escanaba, Stephenson, and Ludington.
    • Existing tenant provides immediate rental income of $3200/month plus utilities, with potential for a long‑term lease.
    • Restaurant roof replaced in 2025 with a $40,000 rubberized sealing.
    • Included car hoist, large air compressor, and tire racks.
    • Two additional lots across the alley are included in the sale.
    Updated: Apr 7
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Established Restaurant Opportunity in Marquette
    $449,900

    Established Restaurant Opportunity in Marquette

    Turnkey restaurant with loyal following on North Third Street.

    824 North 3rd Street, Marquette, MI 49855
    View details
    Marquette Restaurant and Bar Opportunity
    $1,150,000
    4,280 SF

    Marquette Restaurant and Bar Opportunity

    Turnkey restaurant and bar in South Marquette with high visibility.

    1110 Champion St, Marquette, MI 49855
    View details
    Established Restaurant on US Highway
    $649,900
    6,300 SF

    Established Restaurant on US Highway

    Iconic restaurant with loyal customer base on busy highway.

    695 US-2, Florence, WI 54121
    View details
    Established Restaurant and Bar Opportunity
    $150,000
    4,030 SF

    Established Restaurant and Bar Opportunity

    Long-standing restaurant and bar with seating for over 120.

    508 Central Ave, Florence, WI 54121
    View details

    Escanaba, MI Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Escanaba, MI on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for conventional restaurants in Escanaba, MI start at $700,000, averaging $700,000, 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Escanaba.

    Top Commercial Asset Segments

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49829 $700K

    Taxes & Financing

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

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