Conventional Restaurant

Petoskey, MI Conventional Restaurants for Sale

Notify Me
List
Map
Harbor Springs, MI Alanson, MI Boyne City, MI Boyne Falls, MI Charlevoix, MI Brutus, MI Pellston, MI East Jordan, MI
Breakfast and Lunch Restaurant
Updated: Jul 20
Breakfast and Lunch Restaurant

3890 Charlevoix Avenue, Petoskey, MI 49770

$99,000
2,150 sqft
2,150‑square‑foot restaurant property
Breakfast and lunch restaurant format
Commercial zoning
Wood‑frame construction with a metal roof
Forced‑air heating powered by natural gas
View details
Bayside Restaurant with Tavern License
Updated: Jul 6
Bayside Restaurant with Tavern License

3890 Charlevoix Ave, Petoskey, MI 49770

$120,000
2,150 sqft
Well‑established restaurant in Petoskey/Bay Harbor offering breakfast and lunch
Tavern license available to future tenants with application to the State
Opportunity to expand with added dinner service or catering to grow revenue streams
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Petoskey, 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.

Turnkey Restaurant in Downtown Charlevoix
Turnkey Restaurant in Downtown Charlevoix

311 Bridge Street, Charlevoix, MI 49720

$55,000
1,007 sqft

Profitable restaurant business for sale in high-traffic downtown location.

View details
Restaurant with Upstairs Living Quarters
Restaurant with Upstairs Living Quarters

7515 S US 31 Highway, Alanson, MI 49706

$699,000
5,317 sqft

Restaurant property includes a bar, dining room, event room, and upstairs living quarters.

View details
Turn-Key Restaurant with Living Quarters
Turn-Key Restaurant with Living Quarters

7515 S U.S. 31 Highway, Alanson, MI 49706

$699,000
5,317 sqft

Fully equipped restaurant with living space and expansion potential.

View details
Turn-Key Restaurant with Liquor License
Turn-Key Restaurant with Liquor License

111 Bridge St, Charlevoix, MI 49720

Contact for pricing

Turn-key restaurant business for sale with 105 seats, liquor license, catering, and established takeout.

View details

Petoskey, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 4,300 square feet of properties for sale, with an estimated market value of $219,000.

Sale prices for conventional restaurants in Petoskey, MI start at $99,000, averaging $109,500, and reaching up to $120,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Bars & Pubs 1
Breakfast & diners 1

Demographics Overview

Population 18K
Population Growth (5Y) +4.9%
Median Household Income $80,431
College Educated 68.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49770 $109.5K

Taxes & Financing

Tax Rate (average for all types) 2.30%
Property Tax per SF $9.63 per SF
Tax Rate vs County Average 1.82 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings