Conventional Restaurant

Indian River, MI Conventional Restaurants for Sale

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Alanson, MI Afton, MI Topinabee, MI Wolverine, MI Cheboygan, MI Brutus, MI Petoskey, MI Conway, 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‑square‑foot seasonal restaurant operation
Dining area, walk‑up service counter, equipped kitchen, and restroom
Outdoor seating for customer use
Directly off Straits Highway in Indian River
Established customer parking lot
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Storefront Property with Candy Shop
Updated: Sep 26, 2024
Storefront Property with Candy Shop

3676 S Straits Highway, Indian River, MI 49749

$885,000
2,500 sqft
2,500‑square‑foot storefront property in downtown Indian River
Sale includes the operating business, business names, recipes, and equipment
Fudge, chocolate, candy, caramel corn, and ice cream retail operation
Year‑round business operating 7 days a week
Commercial zoning at 3676 S Straits Highway
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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 6 Potential Opportunities for your consideration. Besides 2 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
18-Hole Golf Course

4849 N Black River Road, Cheboygan, MI 49721

$650,000
2,500 sqft 85.48 AC lot

Clubhouse includes a restaurant, bar, and space for private events and tournaments.

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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 commercial property with a dock, river access, and a corner-lot position in downtown Alanson.

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Waterfront Land with Dock
Waterfront Land with Dock

6229 East Street, Alanson, MI 49706

$385,000
1,568 sqft 0.40 AC lot

B-1-zoned waterfront site with a dock and an existing restaurant setup in downtown Alanson.

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18-Hole Golf Course with Clubhouse
18-Hole Golf Course with Clubhouse

4849 N Black River Road, Cheboygan, MI 49721

$650,000
85.00 AC lot

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

View details

Indian River, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 3,250 square feet of properties for sale, with an estimated market value of $1,084,900.

Sale prices for conventional restaurants in Indian River, MI start at $199,900, averaging $542,450, and reaching up to $885,000 — 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 2
Bars & Pubs 1
Coffee shops 1

Demographics Overview

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

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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