Conventional Restaurant

Sparta, MI Conventional Restaurants for Sale

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Kent City, MI Rockford, MI Cedar Springs, MI Belmont, MI Comstock Park, MI Casnovia, MI Grand Rapids, MI Marne, MI
Restaurant with Included Equipment
Updated: Dec 11, 2023
Restaurant with Included Equipment

370 N State Street, Sparta, MI 49345

$474,000
1,374 sqft 0.51 AC lot
1,374‑square‑foot conventional restaurant building
0.51‑acre property at 370 N State Street, Sparta, MI 49345
Equipment and established business name included
Same ownership for over 20 years
Built in 1960 with forced‑air heat and central air
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Drive-Through Restaurant Property
Updated: Aug 27
Drive-Through Restaurant Property

313 S State St, Sparta, MI 49345

$650,000
2,152 sqft 0.70 AC lot
2,152 SF restaurant on approximately 0.70 acres
Built in 2014 and refreshed in 2025
Drive‑through service included
25 dedicated parking spaces
9,520 vehicles per day on State Street
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Established Restaurant with Equipment
Established Restaurant with Equipment

370 N State St, Sparta, MI 49345

$474,000
1,374 sqft

Established restaurant property with included equipment, business name, and a long operating history under consistent ownership.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Sparta, 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 Space with Patio
Restaurant Space with Patio

2115 Plainfield Ave NE, Grand Rapids, MI 49505

$785,000
2,940 sqft

Existing restaurant layout includes dedicated parking and outdoor seating along Plainfield Avenue.

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Restaurant Building with Equipment
Restaurant Building with Equipment

1506 Chicago Dr SW, Wyoming, MI 49509

$320,000
2,228 sqft

Restaurant property with commercial kitchen equipment, dining furnishings, and B-2 zoning.

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Equipped Conventional Restaurant Space
Equipped Conventional Restaurant Space

1717 28th Street Sw B, Wyoming, MI 49519

$65,000
2,939 sqft

Restaurant space with commercial kitchen equipment, dining furnishings, POS hardware, and an installed sound system.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

2521 Alpine Ave NW, Grand Rapids, MI 49544

Contact for pricing
3,627 sqft

Existing food-service improvements include signage, on-site parking, and multiple access points for customer circulation.

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Sparta, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Sparta, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,900 square feet of properties for sale, with an estimated market value of $1,598,000.

Sale prices for conventional restaurants in Sparta, MI start at $474,000, averaging $532,666, and reaching up to $650,000 — 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
Commercial kitchens 1
Drive through restaurants 1

Demographics Overview

Population 13K
Population Growth (5Y) -9.0%
Median Household Income $84,918
College Educated 37.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49345 $562K

Taxes & Financing

Tax Rate (average for all types) 3.07%
Property Tax per SF $71.06 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Retail

Office

Residential Income

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