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    Ishpeming, MI
    Conventional Restaurant

    Ishpeming, MI Conventional Restaurants for Sale

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    Negaunee, MI Champion, MI Marquette, MI Gwinn, MI Republic, MI Michigamme, MI Skandia, MI Big Bay, MI
    Operating Italian Restaurant with Real Estate
    Updated: Sep 23
    Operating Italian Restaurant with Real Estate

    207 E Pearl Street, Ishpeming, MI 49849

    $585,000
    2,790 sqft 0.12 AC lot
    Operating Mama Mia's Italian restaurant with business, real property, equipment, inventory, supplies, and POS system
    2,790 square feet on a 0.12‑acre lot at 207 E Pearl Street, Ishpeming, MI 49849‑2023
    Class C Liquor License, established recipes, goodwill, reputation, and customer base included
    Brand‑new HVAC system in the back dining room and new water heater installed in February 2026
    Built in 1903 with public water service and rubber and tile roofing
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    Mixed-Use Building with Restaurant
    Updated: Aug 10
    Mixed-Use Building with Restaurant

    220 S Main Street, Ishpeming, MI 49849

    $399,900
    6,160 sqft 0.07 AC lot
    Restaurant space, four apartments and an additional retail space
    6,160 square feet on a 0.07‑acre lot
    Exterior façade components renovated in 2012, including windows, siding, doors and stonework
    Built in 1895; forced‑air heating, exhaust‑fan cooling and a flat roof
    Public water; zoning listed as Other
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Restaurant for sale in Ishpeming, 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.

    Turnkey Bar and Restaurant
    Turnkey Bar and Restaurant

    1110 Champion Street, Marquette, MI 49855

    $1,150,000
    4,280 sqft

    Turnkey bar and restaurant for sale with included equipment, furnishings, inventory, and a county liquor license.

    View details
    Multi-Tenant Mixed-Use Property
    Multi-Tenant Mixed-Use Property

    3060 W US 41 Highway, Marquette, MI 49855

    $3,392,000
    30,660 sqft 4.60 AC lot

    Five businesses operate on-site, spanning bowling, food service, radio broadcasting, and meat sales.

    View details
    COMMERCIAL - Sagola, MI
    COMMERCIAL - Sagola, MI

    N10086 M95 Hwy, Sagola, MI 49881

    $145,000
    1,600 sqft 1.26 AC lot

    Existing bar-and-grill property with included furnishings, equipment, and fixtures.

    View details
    Bar & Grill with Highway Exposure
    Bar & Grill with Highway Exposure

    N10086 M95 Highway, Sagola, MI 49881

    $145,000
    1,600 sqft 1.26 AC lot

    Furniture, equipment, and fixtures are included with the sale.

    View details

    Ishpeming, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 8,950 square feet of properties for sale, with an estimated market value of $984,900.

    Sale prices for conventional restaurants in Ishpeming, MI start at $399,900, averaging $492,450, and reaching up to $585,000 — 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 3
    Coffee shops 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.1%
    Median Household Income $63,425
    College Educated 16.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49849 $523.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.96%
    Property Tax per SF $69.47 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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