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    Manchester, MI
    Conventional Restaurant

    Manchester, MI Conventional Restaurants for Sale

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    Turn-Key Restaurant with River Frontage
    Updated: Jul 9
    Turn-Key Restaurant with River Frontage

    20400 E Austin Road, Manchester, MI 48158

    $699,000
    3,155 sqft 1.65 AC lot
    3,155 SF restaurant building rebuilt and expanded in 2003
    1.65‑acre site bordering the River Raisin with River Raisin frontage
    All equipment and licenses included
    Kitchen includes walk‑in cooler and freezer; well‑maintained paved parking lot
    Full back‑up generator for operations; city sewer with well water supply; natural gas service
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    This listing looks promising.

    Here's a quick look at some key insights for

    20400 E Austin Road, Manchester, MI 48158

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Mortgage

      $412K
      Recorded

    • Last Sold

      Sep 2004
      $80K

    • Property Type

      Commercial (General)
      Built 1950
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    Turn-Key Restaurant on River
    Updated: Jul 5
    Turn-Key Restaurant on River

    E 20400 E Austin Road Unit SourceFi, Manchester, MI 48158

    $699,000
    3,155 sqft 1.65 AC lot
    3,155 SF restaurant building rebuilt and expanded in 2003
    Sits on 1.65 acres bordering the River Raisin
    Located on the southeast edge of Manchester city limits at the intersection of M‑52 and Austin Road
    Year built: 1950
    Showings are by appointment only; buyers must sign a confidentiality agreement
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    Turn-Key Restaurant Opportunity
    Turn-Key Restaurant Opportunity

    20400 E Austin Rd |, Manchester, MI 48158

    $699,000
    3,155 sqft 1.65 AC lot

    Well-established restaurant on 1.65 acres at busy intersection.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Manchester, 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.

    Turnkey Restaurant and Bar Property
    Turnkey Restaurant and Bar Property

    12227-12229 Seymour Road, Grass Lake, MI 49240

    $750,000
    5,310 sqft 1.09 AC lot

    Fully operational restaurant and bar with commercial kitchen, liquor license, and multiple indoor and outdoor seating areas.

    View details
    Turnkey Restaurant/Bar in Recreation Area
    Turnkey Restaurant/Bar in Recreation Area

    12227 Seymour Road, Grass Lake, MI 49240

    $500,000
    3,414 sqft 1.09 AC lot

    Fully operational restaurant and bar in high-traffic recreational area.

    View details
    Freestanding Restaurant with Drive-Through
    Freestanding Restaurant with Drive-Through

    5340 Jackson Rd, Ann Arbor, MI 48103

    $4,225,000
    4,724 sqft

    4,724 SF restaurant with drive-through, excellent visibility, ample parking.

    View details
    Mixed-Use Retail and Apartment
    Mixed-Use Retail and Apartment

    812 S State St, Ann Arbor, MI 48104

    $1,945,000
    2,545 sqft

    Fully occupied mixed-use building with retail, a planned restaurant space, and a student apartment.

    View details

    Manchester, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Manchester, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,465 square feet of properties for sale, with an estimated market value of $2,097,000.

    Sale prices for conventional restaurants in Manchester, MI start at $699,000, averaging $699,000, and reaching up to $699,000 — 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

    Demographics Overview

    Population 7,688
    Population Growth (5Y) +3.9%
    Median Household Income $97,692
    College Educated 51.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48158 $766K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washtenaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washtenaw County

    Residential Income

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