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    Lake Leelanau, MI
    Conventional Restaurant

    Lake Leelanau, MI Conventional Restaurants for Sale

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    Traverse City, MI Suttons Bay, MI Cedar, MI Maple City, MI Leland, MI Empire, MI Lake Ann, MI
    Restaurant Building with Upper-Level Apartment
    Updated: Sep 18
    Restaurant Building with Upper-Level Apartment

    104 W Main Street, Lake Leelanau, MI 49653

    $1,600,000
    6,294 sqft
    6,294‑square‑foot building configured for restaurant use
    Multiple dining and event areas, plus an outdoor terrace
    Upper‑level apartment
    Furniture, fixtures, and equipment included
    Class C liquor license, subject to applicable transfer approvals
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    1 active listing matches your search: Restaurant for sale in Lake Leelanau, 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.

    Restored Victorian Bed & Breakfast
    Restored Victorian Bed & Breakfast

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Guest accommodations pair dining areas with a commercial kitchen and covered porch.

    View details
    Victorian Hotel with Lake Michigan Views
    Victorian Hotel with Lake Michigan Views

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    10.00 AC lot

    Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

    View details
    Turnkey Restaurant Business
    Turnkey Restaurant Business

    311 Bridge St, Charlevoix, MI 49720

    $55,000
    1,007 sqft

    Fully equipped restaurant operation with business assets and a lease takeover included.

    View details
    Mixed-Use Building with Condos
    Mixed-Use Building with Condos

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft

    A restaurant tenant occupies the ground floor, with two one-bedroom residences above.

    View details

    Lake Leelanau, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 6,294 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for conventional restaurants in Lake Leelanau, MI average $1,600,000 — 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 1,813
    Population Growth (5Y) -10.2%
    Median Household Income $84,954
    College Educated 74.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.01%
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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