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    Hale, MI
    Conventional Restaurant

    Hale, MI Conventional Restaurants for Sale

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

    4949 Long Lake Road, Hale, MI 48739

    $305,000
    2,527 sqft 1.07 AC lot
    All equipment included in the sale, including a walk‑in refrigerator and freezer plus kitchen appliances and cooking equipment
    Large dining room seats approximately 60 people
    Outdoor equipment included: two storage sheds, a dumpster, a grease dumpster, and an ice freezer
    Handicap access at the front and broadband available
    Year built 1999 with aluminum siding and forced‑air heating
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    Established Restaurant on Sage Lake
    Updated: Apr 26
    Established Restaurant on Sage Lake

    Hale, MI 48739

    $399,900
    1,150 sqft 1.00 AC lot
    Established business with Coney Dog fame, located on Sage Lake Road on over an acre.
    Includes Beer and Wine license.
    Fully equipped and functional 1150 SQFT kitchen with maintained equipment.
    Two refurbished soft serve machines with multiple flavors and Dole Whip.
    30 x 40 Pole barn with cement floor and Generac Generator.
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    Turnkey Restaurant with Dining Room
    Turnkey Restaurant with Dining Room

    Hale, MI 48739

    $349,900

    Turnkey restaurant with seating for about 60, handicap access, and an equipment package included in the sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    633 Court Street, West Branch, MI 48661

    $570,000
    7,038 sqft 2.68 AC lot

    Former restaurant with a large kitchen and walk-in refrigeration, supporting food service operations or alternate concepts.

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    Restaurant Property on 2.5 Acres
    Restaurant Property on 2.5 Acres

    633 Court St, West Branch, MI 48661

    $570,000
    7,000 sqft 2.50 AC lot

    High-visibility restaurant property with large kitchen and parking.

    View details
    Drive-Through Restaurant Business
    Drive-Through Restaurant Business

    Prescott, MI 48756

    $199,000

    Turnkey ice cream and fast-food drive-thru available with included furnishings, equipment, and inventory.

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    Restaurant Building with Parking
    Restaurant Building with Parking

    2250 E Greenwood, Prescott, MI 48739

    $52,000
    2,752 sqft 0.34 AC lot

    2752 sq ft former bar and restaurant with extensive parking, situated across from Skidway Lake.

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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 3,677 square feet of properties for sale, with an estimated market value of $1,054,800.

    Sale prices for conventional restaurants in Hale, MI start at $305,000, averaging $351,600, and reaching up to $399,900 — 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 3
    Bars & Pubs 1
    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
    48739 $374.9K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Iosco County

    New Delisted

    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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