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    Mio, MI
    Conventional Restaurant

    Mio, MI Conventional Restaurants for Sale

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    Fairview, MI Luzerne, MI Rose City, MI Comins, MI Grayling, MI Lewiston, MI Curran, MI Prudenville, MI
    Breakfast Diner With Equipment
    Updated: May 18
    Breakfast Diner With Equipment

    611 S Morenci Avenue, Mio, MI 48647

    $375,000
    1,716 sqft 0.30 AC lot
    Operating breakfast and lunch diner offered for sale
    1,716‑square‑foot property on a 0.3‑acre parcel
    Located on State Highway M‑33, also known as Morenci Ave
    Sale includes furniture, fixtures, kitchen equipment, and dining furnishings
    Commercial zoning with on‑site parking lot
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    Restaurant with Included FF&E
    Updated: Jul 10, 2025
    Restaurant with Included FF&E

    509 S Morenci, Mio, MI 48647

    $150,000
    320 sqft 0.26 AC lot
    320‑square‑foot restaurant building on a 0.26‑acre parcel
    Business furniture, fixtures, and equipment included
    Originally developed for the Blenderz franchise
    Open north‑side area for expansion or additional utilization
    Steel construction with vinyl exterior elements and membrane roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mio, 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 with Bar and Kitchen
    Restaurant with Bar and Kitchen

    4965 Salling Avenue, Lewiston, MI 49756

    $475,000
    6,630 sqft 3.30 AC lot

    Commercial restaurant property with separate bar and dining entrances, updated systems, furnishings, and an included Class C license.

    View details
    Freestanding Restaurant with Kitchen
    Freestanding Restaurant with Kitchen

    Rose City, MI 48654

    $259,900

    Operating restaurant property with seating, kitchen equipment, and an included restaurant license.

    View details
    Northern Michigan Landmark Restaurant/Bar
    Northern Michigan Landmark Restaurant/Bar

    4965 County Road 612, Lewiston, MI 49756

    Contact for pricing
    6,000 sqft 3.00 AC lot

    Established restaurant/bar with expansion potential near lakes and trails.

    View details
    Updated Pizzeria Restaurant
    Updated Pizzeria Restaurant

    111 E Main Street, Rose City, MI 48654

    $280,000

    Well-established pizzeria on Main Street with recent exterior and interior updates, including central air and a refurbished dining room.

    View details

    Mio, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Mio, MI on our real estate platform. These investment opportunities span a total of 2,036 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for conventional restaurants in Mio, MI start at $150,000, averaging $262,500, and reaching up to $375,000 — 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 2
    Breakfast & diners 1

    Demographics Overview

    Population 4,044
    Population Growth (5Y) -8.5%
    Median Household Income $50,594
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48647 $150K

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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