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    Indian River, MI
    Conventional Restaurant

    Indian River, MI Conventional Restaurants for Sale

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    Alanson, MI Wolverine, MI Topinabee, MI Cheboygan, MI Afton, MI Brutus, MI Petoskey, MI Wolverine Lake, 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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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Indian River, 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.

    18-Hole Golf Course with Restaurant
    18-Hole Golf Course with Restaurant

    4849 N Black River Road, Cheboygan, MI 49721

    $650,000
    2,500 sqft 85.48 AC lot

    Golf property with a clubhouse restaurant, bar, event space, maintenance barn, parking lot, well, and septic system.

    View details
    18-Hole Golf Course with Clubhouse
    18-Hole Golf Course with Clubhouse

    4849 N Black River Rd, Cheboygan, MI 49721

    $650,000
    2,500 sqft 85.00 AC lot

    Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

    View details
    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.

    View details

    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

    Breakfast & diners 1
    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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