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    Ithaca, MI
    Conventional Restaurant

    Ithaca, MI Conventional Restaurants for Sale

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    North Star, MI Ashley, MI Alma, MI Middleton, MI Saint Louis, MI Perrinton, MI Breckenridge, MI Saint Johns, MI
    Operating Restaurant Building For Sale
    Updated: Feb 8, 2024
    Operating Restaurant Building For Sale

    1335 E Center St, Ithaca, MI 48847

    $1,000,000
    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
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 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.

    Restaurant and Retail Building
    Restaurant and Retail Building

    12950 Brady Road, Chesaning, MI 48616

    $850,000
    8,895 sqft 2.98 AC lot

    9,000+ square foot commercial building with recently updated exterior, open interior layout, multiple entrances, and ample parking.

    View details
    Turnkey Restaurant with Patio Seating
    Turnkey Restaurant with Patio Seating

    256 W Saginaw Road, Hemlock, MI 48626

    $315,000
    3,845 sqft

    Turnkey restaurant condo with a fully equipped kitchen, bar and dining area, plus outdoor patio and deck seating.

    View details
    Turnkey Restaurant and Bar
    Turnkey Restaurant and Bar

    15952 Oakley Road, Chesaning, MI 48616

    $599,900
    4,520 sqft 1.21 AC lot

    Turnkey restaurant and bar with bar, kitchen, entertainment systems, and liquor license ready for immediate operation.

    View details
    Farm-to-Table Restaurant & Microbrewery
    Farm-to-Table Restaurant & Microbrewery

    Hemlock, MI 48626

    $2,600,000
    5.95 AC lot

    Award-winning restaurant and microbrewery on 6 acres near Hemlock Semiconductor.

    View details

    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 $1,000,000.

    Sale prices for conventional restaurants in Ithaca, MI start at $1,000,000, averaging $1,000,000, and reaching up to $1,000,000 — 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

    Bars & Pubs 1
    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%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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