Conventional Restaurant

Mio, MI Conventional Restaurants for Sale

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Breakfast Diner with Kitchen Equipment
Updated: May 18
Breakfast Diner with Kitchen Equipment

611 S Morenci Avenue, Mio, MI 48647

$375,000
1,716 sqft 0.30 AC lot
1,716 square feet on 0.3 acres
Restaurant equipment, furnishings, fixtures, tables, chairs, and décor included
Located along State Highway M‑33, also known as Morenci Avenue
Breakfast and lunch service currently runs from 7 a.m. to 2 p.m.
On‑site parking lot with accessible approach and ramp
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Mixed-Use Property with Bowling Lanes
Updated: Sep 17
Mixed-Use Property with Bowling Lanes

221 Morenci Avenue, Mio, MI 48647

$90,000
15,000 sqft
15,000‑square‑foot mixed‑use property spanning three combined parcels
Standalone restaurant with dining room and full‑service kitchen
Vintage bowling lanes with an adjoining lounge area
Separate main street‑facing office with independent street and sidewalk access
Upper level with multiple rooms and a mostly finished basement
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Restaurant with Included FF&E
Restaurant with Included FF&E

509 S Morenci, Mio, MI 48647

$150,000
320 sqft 0.26 AC lot

Compact food-service building with on-site parking and an open north-side area for additional use.

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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 7 Potential Opportunities for your consideration. Besides 3 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 Cabin Rentals
Restaurant With Cabin Rentals

3070 Lupton Road, Lupton, MI 48635

$579,000
3,236 sqft 4.75 AC lot

Restaurant property with furnished rental cabins, a full commercial kitchen, and dining, office, restroom, and storage areas.

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Drive-Through Restaurant and Ice Cream Property
Drive-Through Restaurant and Ice Cream Property

309 Bennett Street, Rose City, MI 48654

$599,900
2,798 sqft 0.68 AC lot

Restaurant and dessert operation with indoor service, patio seating, food preparation areas, and furnished equipment included.

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Drive-Through Restaurant with Brick Building
Drive-Through Restaurant with Brick Building

Rose City, MI 48654

Contact for pricing
3,484 sqft 0.84 AC lot

Fully equipped food-service property with dining, kitchen, parking, and pylon signage.

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Restaurant with Cabin Rentals
Restaurant with Cabin Rentals

3070 Lupton Road, Lupton, MI 48635

$590,000
3,236 sqft 4.75 AC lot

Established restaurant property with four furnished cabins and a full commercial kitchen along Gamble Creek.

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Mio, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Mio, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,036 square feet of properties for sale, with an estimated market value of $615,000.

Sale prices for conventional restaurants in Mio, MI start at $90,000, averaging $205,000, 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 5
Breakfast & diners 1
Drive through restaurants 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 $205K

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%

Listings Trend

New vs delisted commercial listings in Oscoda County

New Delisted

Total CRE Inventory on Market (SF)

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