Conventional Restaurant

Ithaca, MI Conventional Restaurants for Sale

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Operating Restaurant Building For Sale
Updated: Mar 26
Operating Restaurant Building For Sale

1335 E Center St, Ithaca, MI 48847

$1,300,000
3,350 sqft
3,350 SF Operating Restaurant Building
Located on E Center Street (Business US‑127)
For Sale in Ithaca, MI
Built in 1998
Operating Restaurant
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ithaca, 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.

Freestanding Quick-Service Restaurant
Freestanding Quick-Service Restaurant

1490 Wright Ave, Alma, MI 48801

$780,771
3,043 sqft 0.73 AC lot

Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.

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Retail Building with Open Layout
Retail Building with Open Layout

12950 Brady Road, Chesaning, MI 48616

$850,000
8,895 sqft 2.98 AC lot

Flexible commercial property with multiple entrances, on-site parking, and a recently updated exterior.

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Burger King Drive-Through Restaurant
Burger King Drive-Through Restaurant

1675 Wright Avenue, Alma, MI 48801

Contact for pricing
2,750 sqft

Remodeled restaurant property featuring an absolute net lease and established occupancy at the site.

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Restaurant and Bar with Heated Patio
Restaurant and Bar with Heated Patio

15952 Oakley Road, Chesaning, MI 48616

$599,900
4,520 sqft 1.21 AC lot

Established restaurant and bar operation with extensive improvements, on-site parking, and an enclosed heated patio.

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Ithaca, MI Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 3,350 square feet of properties for sale, with an estimated market value of $1,300,000.

Sale prices for conventional restaurants in Ithaca, MI average $1,300,000 — 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

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 5,812
Population Growth (5Y) -3.6%
Median Household Income $63,865
College Educated 14.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48847 $1M

Taxes & Financing

Tax Rate (average for all types) 3.28%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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