Conventional Restaurant

Hale, MI Conventional Restaurants for Sale

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Long Lake, MI National City, MI Whittemore, MI South Branch, MI Lupton, MI Tawas City, MI Glennie, MI Prescott, MI
Freestanding Restaurant with Dining Room
Updated: Apr 24
Freestanding Restaurant with Dining Room

4949 Long Lake Road, Hale, MI 48739

$305,000
2,527 sqft 1.07 AC lot
2,527‑square‑foot restaurant on 1.07 acres
Dining room seats approximately 60 people
Included kitchen equipment includes fryers, char grills, pizza oven, and walk‑in refrigerator and freezer
Front handicap access and customer‑facing side service window
Two storage sheds, dumpster, grease dumpster, and ice freezer included
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Conventional Restaurant with Dining Room
Updated: Jul 24
Conventional Restaurant with Dining Room

4949 Long Lake Rd, Hale, MI 48739

$305,000
2,527 sqft
Food‑service equipment included, including fryers, char grills, pizza oven, prep tables, and refrigeration
Walk‑in refrigerator and freezer included with the sale
Large dining room with seating for approximately 60 people
Handicap‑accessible front entrance
Side service window for transactions with outside customers
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Restaurant with Ample Parking
Restaurant with Ample Parking

Hale, MI 49623

$305,000
2,650 sqft

Single-restaurant property on just over an acre with ample surrounding parking and handicap-accessible entry.

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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 Hale, 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.

Drive-Through Restaurant and Ice Cream Property
Drive-Through Restaurant and Ice Cream Property

309 Bennett Street, Rose City, MI 48654

$599,900
2,798 sqft 0.68 AC lot

Restaurant and dessert operation with indoor service, patio seating, food preparation areas, and furnished equipment included.

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Lakeside Resort with Restaurant
Lakeside Resort with Restaurant

814 Kenyon Road, Lupton, MI 48635

$800,000
7,000 sqft 5.00 AC lot

Hospitality property with dining, bar, lodging, dock access, and an owner or caretaker apartment.

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Drive-Through Restaurant with Brick Building
Drive-Through Restaurant with Brick Building

Rose City, MI 48654

Contact for pricing
3,484 sqft 0.84 AC lot

Fully equipped food-service property with dining, kitchen, parking, and pylon signage.

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Restaurant with Cabin Rentals
Restaurant with Cabin Rentals

3070 Lupton Road, Lupton, MI 48635

$590,000
3,236 sqft 4.75 AC lot

Established restaurant property with four furnished cabins and a full commercial kitchen along Gamble Creek.

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Hale, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Hale, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,704 square feet of properties for sale, with an estimated market value of $915,000.

Sale prices for conventional restaurants in Hale, MI average $305,000 — 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
Commercial kitchens 1

Demographics Overview

Population 3,511
Population Growth (5Y) -10.9%
Median Household Income $47,768
College Educated 25.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Hale - 48739 $305K
Chase - 49623 $305K

Taxes & Financing

Tax Rate (average for all types) 2.86%
Property Tax per SF $86.18 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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