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    Petersburg, MI
    Conventional Restaurant

    Petersburg, MI Conventional Restaurants for Sale

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    Remodeled Restaurant in Downtown Petersburg
    Updated: Jul 31, 2025
    Remodeled Restaurant in Downtown Petersburg

    36 Saline St, Petersburg, MI 49270

    $240,000
    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).
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Restaurant with Seating for 90
    Restaurant with Seating for 90

    1002 S Main St, Adrian, MI 49221

    $890,000
    3,263 sqft 0.61 AC lot

    Restaurant property with a dining room seating about 90 and parking for more than 40 vehicles.

    View details
    Well-Established Restaurant For Sale
    Well-Established Restaurant For Sale

    921 E Beecher Street, Adrian, MI 49221

    $179,900
    1,766 sqft 0.28 AC lot

    Established restaurant property for sale in Adrian, MI, offering a compact site for ongoing foodservice operations.

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    Established Restaurant with Outdoor Patios
    Established Restaurant with Outdoor Patios

    11191 Telegraph Road, Erie, MI 48133

    $895,000
    5,076 sqft 5.67 AC lot

    Turn-key Mexican restaurant with potential and outdoor seating.

    View details
    Established Restaurant with Outdoor Patios
    Established Restaurant with Outdoor Patios

    11191 Telegraph, Erie, MI 48133

    $895,000
    5,076 sqft

    Turn-key Mexican restaurant with licenses and outdoor seating.

    View details

    Petersburg, MI Conventional Restaurants Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49270 $240K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

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