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    Manistee, MI
    Conventional Restaurant

    Manistee, MI Conventional Restaurants for Sale

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    Eastlake, MI Free Soil, MI Onekama, MI Kaleva, MI Bear Lake, MI Brethren, MI Ludington, MI Fountain, MI
    Waterfront Motel and Marina Complex
    Updated: Aug 12, 2025
    Waterfront Motel and Marina Complex

    215 & 217 Arthur St, Manistee, MI 49660

    $985,000
    9,000 sqft 1.40 AC lot
    Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access
    Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers
    Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
    High‑traffic US‑31 corridor with highway frontage as well as lake frontage
    1995 construction with vinyl siding, composition roof, forced‑air heat, and central air
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    Equipped Restaurant Space
    Updated: Aug 20, 2025
    Equipped Restaurant Space

    719 Kosciusko Street, Manistee, MI 49660

    $219,000
    2,191 sqft 0.20 AC lot
    2,191 SF restaurant property on a 0.2‑acre parcel
    Dining room accommodates more than 40 guests
    Eight‑foot exhaust hood with fire suppression
    Six‑burner gas range, four‑foot flat‑top grill, and half‑size convection oven
    Refrigeration equipment included in the sale
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    Waterfront Motel and Marina
    Waterfront Motel and Marina

    215 & 217 Arthur St Unit SourceFi, Manistee, MI 49660

    $985,000
    9,000 sqft

    Motel and marina with long-term rental units, a restaurant, and lake frontage with eight boat slips.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Equipped Restaurant with Commercial Kitchen
    Equipped Restaurant with Commercial Kitchen

    719 KOSCIUSKO ST, Manistee, MI 49660

    Contact for pricing
    2,191 sqft

    Restaurant space with seating for more than 40 guests and a commercial kitchen equipped for food preparation.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Manistee, 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.

    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    9289 Walta Street, Kaleva, MI 49645

    $599,000
    5,159 sqft 1.15 AC lot

    Turn-key bar and restaurant with a full Class C liquor license and complete kitchen and bar equipment included.

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    Turnkey Restaurant with Outdoor Patio
    Turnkey Restaurant with Outdoor Patio

    9567 Chippewa Highway, Bear Lake, MI 49614

    $439,900
    3,800 sqft 2.37 AC lot

    Turnkey bar/restaurant operation with outdoor patio seating, two kitchens, and included liquor license.

    View details
    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    9289 Walta St, Kaleva, MI 49645

    $599,000

    Turn-key restaurant and bar offering a full Class C liquor license and complete kitchen and seating for immediate operation.

    View details
    Turn-Key Bar & Restaurant With Patio
    Turn-Key Bar & Restaurant With Patio

    9567 Chippewa Highway, Bear Lake, MI 49614

    $439,900

    Bar and restaurant operation with seating for 130, outdoor patio, and included equipment, fixtures, and Class C liquor license.

    View details

    Manistee, MI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Manistee, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,382 square feet of properties for sale, with an estimated market value of $2,189,000.

    Sale prices for conventional restaurants in Manistee, MI start at $219,000, averaging $729,666, and reaching up to $985,000 — 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 6
    Commercial kitchens 3

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.2%
    Median Household Income $62,211
    College Educated 30.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49660 $678.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Manistee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Residential Income

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