Petersburg, MI
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    Petersburg, MI Conventional Restaurants for Sale

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    Deerfield, MI Dundee, MI Ida, MI
    Remodeled Restaurant in Downtown Petersburg
    $240,000

    Remodeled Restaurant in Downtown Petersburg

    36 Saline St, Petersburg, MI 49270

    Turn-key restaurant opportunity in downtown Petersburg, ready for business.

    • Turn‑key restaurant ready for immediate operation and revenue generation.
    • Established restaurant location with a 40+ year history.
    • Ample parking including front, side alley access to a back parking lot, and proximity to a large city parking lot.
    • Remodeled restaurant in downtown Petersburg.
    • Convenient location just west of US23 and south of Dundee (one exit).
    Updated: Jul 31, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, 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.

    Established Restaurant with Outdoor Patios
    $895,000
    5,076 SF

    Established Restaurant with Outdoor Patios

    Turn-key Mexican restaurant with potential and outdoor seating.

    11191 Telegraph Road, Erie, MI 48133
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    New Mixed-Use Building For Sale
    $814,999
    8,820 SF

    New Mixed-Use Building For Sale

    100% occupied, newly constructed mixed-use building near Ohio/Michigan border.

    6195 Lewis Ave, Toledo, OH 43612
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    Restaurant Buildings For Sale
    $499,000
    4,260 SF

    Restaurant Buildings For Sale

    Two adjacent commercial buildings configured for restaurant use.

    5038 & 5044 Lewis Ave, Toledo, OH 43612
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    Established Restaurant with Outdoor Patios
    $895,000
    5,076 SF

    Established Restaurant with Outdoor Patios

    Turn-key Mexican restaurant with licenses and outdoor seating.

    11191 Telegraph, Erie, MI 48133
    View details

    Petersburg, MI Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Petersburg, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for conventional restaurants in Petersburg, MI start at $240,000, averaging $240,000, and reaching up to $240,000 — 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

    Conventional restaurants 2
    Turn key restaurants 1

    Demographics Overview

    Population 5,728
    Population Growth (5Y) -3.1%
    Median Household Income $89,412
    College Educated 38.8%

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.65 per sq ft
    Average Loan-to-Value 65.0%

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