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    Newberry, MI
    Conventional Restaurant

    Newberry, MI Conventional Restaurants for Sale

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    Mcmillan, MI Engadine, MI Curtis, MI Hulbert, MI Naubinway, MI Columbus, MI Gould City, MI Rudyard, MI
    Restaurant and Tavern Property
    Updated: Aug 26
    Restaurant and Tavern Property

    14045 Michigan 28, Newberry, MI 49868

    $525,000
    2,450 sqft 2.77 AC lot
    2.7652‑acre restaurant and tavern property in Newberry, MI
    2,450 SF building with main‑level dining and lower‑level bar space
    Separate bar entrance and dedicated parking area
    Commercial kitchen includes walk‑in cooler/freezer and separate dishwashing area
    Located at the corner of M‑28 and M‑123
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newberry, 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.

    Brewery with Covered Dining
    Brewery with Covered Dining

    6352 N Lake Shore Drive, Harbor Springs, MI 49740

    $595,000
    3,797 sqft 1.52 AC lot

    Includes indoor dining, a covered outdoor bar and dining area, upper-level offices, and basement storage space.

    View details
    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    330 N Main Street, Cheboygan, MI 49721

    $699,000
    2,064 sqft 0.10 AC lot

    Turnkey restaurant property with a Class C Liquor License, furnishings, and commercial food-service infrastructure.

    View details
    Turnkey Bar and Restaurant Opportunity
    Turnkey Bar and Restaurant Opportunity

    220 N Main St, Cheboygan, MI 49721

    $785,000

    Fully operational bar and restaurant for sale.

    View details
    Brewery Restaurant Building
    Brewery Restaurant Building

    6352 N Lake Shore Drive, Harbor Springs, MI 49740

    $595,000

    Includes indoor dining, a covered outdoor bar and dining area, offices, conference space, and basement storage.

    View details

    Newberry, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 2,450 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for conventional restaurants in Newberry, MI average $525,000 — 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

    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 5,231
    Population Growth (5Y) -1.0%
    Median Household Income $53,651
    College Educated 27.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49868 $525K

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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