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    Union Pier, MI
    Conventional Restaurant

    Union Pier, MI Conventional Restaurants for Sale

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    New Buffalo, MI Lakeside, MI Three Oaks, MI Harbert, MI Sawyer, MI Grand Beach, MI La Porte, IN Michigan City, IN
    Turn-Key Landmark Restaurant
    Updated: Aug 28, 2025
    Turn-Key Landmark Restaurant

    16409 Red Arrow Highway, Union Pier, MI 49129

    $875,000
    6,847 sqft 2.51 AC lot
    6,847 SF landmark restaurant in Union Pier, Michigan
    Outdoor seating area for additional dining and special events
    Forced‑air heating and central air conditioning
    Stucco construction with rubber and composition roofing
    Year built: 1900
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    This listing looks promising.

    Here's a quick look at some key insights for

    16409 Red Arrow Highway, Union Pier, MI 49129

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $76K
      Annual

    • Mortgage

      $500K
      Dec 2016
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Union Pier, 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.

    Conventional Restaurant with Outdoor Patio
    Conventional Restaurant with Outdoor Patio

    16710 Lakeshore Road, New Buffalo, MI 49117

    $1,500,000
    121,471 sqft 2.45 AC lot

    Conventional restaurant with a fully equipped kitchen, central air, and an outdoor full-service patio permit on commercially zoned land.

    View details
    Updated Restaurant With Patio
    Updated Restaurant With Patio

    615 E In-212, Michigan City, IN 46360

    $675,000
    1,712 sqft 0.71 AC lot

    Established food-and-beverage business includes a separate residence, liquor and gaming licenses, and refreshed building systems.

    View details
    Brewpub with Covered Patio
    Brewpub with Covered Patio

    17684 US-12, New Buffalo, MI 49117

    $3,999,999
    5,622 sqft 3.58 AC lot

    2019-built brewpub features indoor dining, a full bar, and covered patio seating with onsite brewing.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    1601 Michigan Boulevard, Michigan City, IN 46360

    $325,000

    Two ground-floor suites pair with upstairs residential and flex space.

    View details

    Union Pier, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Union Pier, MI on our real estate platform. These investment opportunities span a total of 6,847 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for conventional restaurants in Union Pier, MI average $875,000 — 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 615
    Population Growth (5Y) -2.1%
    Median Household Income $104,000

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49129 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.60%
    Property Tax per SF $40.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Berrien County

    New Delisted

    Total CRE Inventory on Market (SF)

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