Conventional Restaurant

Indian River, MI Conventional Restaurants for Sale

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Alanson, MI Topinabee, MI Cheboygan, MI Wolverine, MI Brutus, MI Petoskey, MI Afton, MI Pellston, MI
Seasonal Restaurant with Outdoor Seating
Updated: Aug 5
Seasonal Restaurant with Outdoor Seating

1499 S Straits Highway, Indian River, MI 49749

$199,900
750 sqft
750 SF seasonal restaurant building
Indoor dining area, walk‑up counter, kitchen, and restroom
Outdoor seating area
Directly off Straits Highway in Indian River
Established customer parking lot
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1 active listing matches your search: Restaurant for sale in Indian River, 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.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

325 W 2nd Street, Gaylord, MI 49735

$675,000
10,200 sqft 0.63 AC lot

A convenience and party store accompanies the restaurant space, with a liquor license included.

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Established Restaurant Business
Established Restaurant Business

1157 S Otsego Avenue, Gaylord, MI 49735

$190,000
2,474 sqft 0.62 AC lot

Lease takeover with restaurant equipment, business assets, and an existing point-of-sale system in place.

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Waterfront Restaurant Building
Waterfront Restaurant Building

6229 East Street, Alanson, MI 49706

$385,000
1,568 sqft 0.40 AC lot

B-1-zoned restaurant property with a dock, corner-lot exposure, and Crooked River frontage in downtown Alanson.

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Waterfront Conventional Restaurant
Waterfront Conventional Restaurant

6229 East Street, Alanson, MI 49706

$385,000
1,568 sqft 0.40 AC lot

B-1 zoning, a corner setting, and an included dock support a restaurant-oriented commercial property.

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Indian River, MI Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 750 square feet of properties for sale, with an estimated market value of $199,900.

Sale prices for conventional restaurants in Indian River, MI average $199,900 — 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 1

Demographics Overview

Population 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49749 $199.9K

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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