Conventional Restaurant

Hale, MI Conventional Restaurants for Sale

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Long Lake, MI Whittemore, MI National City, MI South Branch, MI Lupton, MI Glennie, MI Prescott, MI Tawas City, 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

$285,500
2,650 sqft

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

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3 active listings match your search: Restaurant for sale in Hale, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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 Business
Drive-Through Restaurant Business

2008 Greenwood Road, Prescott, MI 48756

$199,000
912 sqft 0.52 AC lot

Operating ice cream and fast-food business with furnishings, equipment, inventory, and on-site parking.

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Bar and Pub Building with Parking
Bar and Pub Building with Parking

2250 E Greenwood, Prescott, MI 48739

$52,000
2,752 sqft 0.34 AC lot

Frame building with a parking lot across from Skidway Lake.

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Restaurant Building with Parking
Restaurant Building with Parking

600 E Bay Street, East Tawas, MI 48730

$499,500
5,400 sqft 0.23 AC lot

Restaurant property with furniture, fixtures, equipment, and a Resort Class C liquor license included.

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Restaurant with On-Site Parking
Restaurant with On-Site Parking

600 E Bay Street, East Tawas, MI 48730

$499,500
5,400 sqft

The sale includes furniture, fixtures, equipment, a Resort Class C liquor license, the business name, and goodwill.

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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 $895,500.

Sale prices for conventional restaurants in Hale, MI start at $285,500, averaging $298,500, and reaching up to $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
Chase - 49623 $285.5K
Hale - 48739 $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)

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