Conventional Restaurant

Okemos, MI Conventional Restaurants for Sale

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East Lansing, MI Haslett, MI Lansing, MI Bath, MI Williamston, MI Holt, MI Mason, MI Laingsburg, MI
Three-Story Restaurant Building
Updated: Oct 24, 2024
Three-Story Restaurant Building

111 W Grand River Ave, Okemos, MI 48864

$850,000
5,744 sqft
5,744‑square‑foot conventional restaurant building
3 stories plus a basement
Liquor license included
Land contract option available
Lease consideration offered
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Freestanding Restaurant Building
Updated: Apr 8
Freestanding Restaurant Building

3464, Okemos, MI 48864

$449,900
Freestanding 2,100 SF restaurant building in Okemos
Located on a high‑traffic corridor with strong street presence
Ample on‑site parking
Year built 1986
Lot dimensions are irregular
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See what stands out in Ingham County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Okemos, 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.

Chinese Restaurant With Food Truck
Chinese Restaurant With Food Truck

4750 Hagadorn Rd, East Lansing, MI 48823

$350,000
4,994 sqft

Established operation combines dine-in service with mobile food sales and catering capabilities.

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Updated Restaurant Building
Updated Restaurant Building

3135 S Pennsylvania Avenue, Lansing, MI 48910

$299,900
3,004 sqft

Operating restaurant property with commercial kitchen infrastructure, cooling capacity, and adaptable interior space.

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Freestanding Storefront Property
Freestanding Storefront Property

1404 W Mt Hope Ave, Lansing, MI 48910

$225,000
2,280 sqft

Flexible commercial storefront with MX-1 zoning and access to I-496.

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Applebee’s Absolute NNN Property
Applebee’s Absolute NNN Property

2450 Coolidge, East Lansing, MI 48823

Contact for pricing

Freestanding restaurant investment positioned at the entrance to a Meijer Superstore near Michigan State University.

View details

Okemos, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Okemos, MI on our real estate platform. These investment opportunities span a total of 5,744 square feet of properties for sale, with an estimated market value of $1,299,900.

Sale prices for conventional restaurants in Okemos, MI start at $449,900, averaging $649,950, and reaching up to $850,000 — 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 3
Coffee shops 1

Demographics Overview

Population 24K
Population Growth (5Y) +1.8%
Median Household Income $113,145
College Educated 60.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48864 $650K

Taxes & Financing

Tax Rate (average for all types) 5.36%
Property Tax per SF $84.46 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ingham County

New Delisted

Total CRE Inventory on Market (SF)

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