Munising, MI
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    Munising, MI Conventional Restaurants for Sale

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    Shingleton, MI Au Train, MI Manistique, MI
    Munising Commercial Property For Sale
    $399,000
    1,300 SF
    Munising Commercial Property For Sale

    209 E Superior Street, Munising, MI 49862

    High-visibility commercial property in Munising, Michigan, with restaurant and living quarters.
    • Prime location in the heart of Munising with high visibility and year‑round traffic.
    • Turnkey restaurant setup (equipment negotiable) or flexible layout for other concepts.
    • Private lower‑level living quarters for owner‑operator, staff, or rental income.
    • Spacious outdoor deck and lighting for seasonal dining and revenue maximization.
    • Proximity to Pictured Rocks National Lakeshore driving consistent tourism.
    Updated: Apr 28
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Munising, 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.

    Escanaba Commercial Corner Property
    $700,000
    11,000 SF
    Escanaba Commercial Corner Property

    Mixed-use property with restaurant and auto shop in Escanaba.

    1636 Ludington Street, Escanaba, MI 49829

    View details
    Established Restaurant in Downtown Ishpeming
    $614,900
    2,790 SF
    Established Restaurant in Downtown Ishpeming

    Turn-key Italian restaurant with real property and liquor license.

    207 E Pearl Street, Ishpeming, MI 49849

    View details
    Escanaba Corner Property with Restaurant
    $700,000
    Escanaba Corner Property with Restaurant

    Mixed-use property featuring a restaurant and auto shop.

    1636 Ludington, Escanaba, MI 49829

    View details
    Established Italian Restaurant in Ishpeming
    $614,900
    2,790 SF
    Established Italian Restaurant in Ishpeming

    Turn-key Italian restaurant for sale in downtown Ishpeming.

    207 E Pearl, Ishpeming, MI 49849

    View details

    Munising, MI Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 1,300 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for conventional restaurants in Munising, MI start at $399,000, averaging $399,000, and reaching up to $399,000 — 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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    Demographics Overview

    Population 4,532
    Population Growth (5Y) -12.1%
    Median Household Income $59,575
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49862 $399K

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alger County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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