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    Grayling, MI
    Conventional Restaurant

    Grayling, MI Conventional Restaurants for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI Marquette, MI Fife Lake, MI Gaylord, MI Mancelona, MI Houghton Lake, MI
    Mixed-Use Property with Retail
    Updated: Aug 27
    Mixed-Use Property with Retail

    6039 E Co Road 612, Grayling, MI 49738

    $750,000
    5,000 sqft
    5,000‑square‑foot mixed‑use property with retail, bakery and deli operations
    Four‑bedroom, one‑bath upper‑level residence
    Separate one‑bedroom guest house
    3,000+ sq.ft. barn and detached two‑car garage
    Fenced garden with built‑in irrigation, stone waterfall and fish pond
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    Restaurant and Bar With Liquor License
    Updated: Jul 24
    Restaurant and Bar With Liquor License

    2123 Industrial Dr, Grayling, MI 49738

    $399,900
    6,460 sqft 1.28 AC lot
    6,460 SF former Gray Rock Bar & Grill commercial property on 1.28 acres in Grayling’s Industrial Park
    Sold with the liquor license and everything currently on site
    Site contents include a ready‑to‑launch food and beverage setup per the existing bar‑and‑grill business
    Industrial Drive now connects M‑72 to 4 Mile Road, improving access and traffic flow through the industrial corridor
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    Restaurant with Event Space
    Restaurant with Event Space

    6811 W M 72 Hwy, Grayling, MI 49738

    $450,000
    5,200 sqft

    Restaurant and bar venue with dining, entertainment amenities, and an outdoor patio along M-72 Hwy.

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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 Grayling, 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.

    Fully Equipped Restaurant and Bar
    Fully Equipped Restaurant and Bar

    6516 N Old 27, Frederic, MI 49733

    $525,000
    5,167 sqft 0.40 AC lot

    Restaurant and bar with a fully equipped kitchen, walk-in cooler, bar coolers, and ample storage space.

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    Restaurant and Bar with Apartments
    Restaurant and Bar with Apartments

    6516 Old 27 N, Frederic, MI 49733

    $525,000
    5,167 sqft

    Fully equipped kitchen, licensed bar, recent improvements, and two upstairs apartments with a separate entrance.

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    Iconic Restaurant and Bowling Alley
    Iconic Restaurant and Bowling Alley

    Roscommon, MI 48653

    $1,500,000
    14,392 sqft

    Established restaurant, banquet rooms, bar, and bowling alley.

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    Retail and Restaurant Building
    Retail and Restaurant Building

    9963 W Higgins, Roscommon, MI 48653

    $155,000

    Vacant 3,000+ sq. ft. building with coolers, walk-in refrigerator, and a cooking area.

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    Grayling, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Grayling, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,660 square feet of properties for sale, with an estimated market value of $1,599,900.

    Sale prices for conventional restaurants in Grayling, MI start at $399,900, averaging $533,300, and reaching up to $750,000 — 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 4
    Conventional restaurants 3

    Demographics Overview

    Population 9,599
    Population Growth (5Y) +0.0%
    Median Household Income $57,573
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49738 $399.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $79.70 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crawford County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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