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Restaurant and Tavern Property
For Sale
$525,000

14045 Michigan 28, Newberry, MI 49868

Commercial Sale, Newberry, MI

Property Size2,450 SF
Lot Size2.77 Acres
Price / SF$214.29
Days on Market14

Property Features for 14045 Michigan 28

General Information

Property type Commercial Sale
Property subtype Other
Security features Security System
Exterior features Employee, Furnished, Handicap Access, High Visibility, Highway Access, Kitchen Area, Lounge/Bar, Restaurant, Restroom, Security System, Storage
Accessibility Accessible Approach with Ramp
Elementary school district Tahquamenon
Middle school district Tahquamenon
High school district Tahquamenon
Directions Located at the corner of M-123 and M-28 in Newberry.
Subdivision 42 - McMillan, Newberry and Soo Junction Areas
Standard status Active
APN 004-003-014-0150
Size 2,450 SF
Lot size 2.77 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5145

Utilities

Heating system Natural Gas, Forced Air
Water source Well

Building Details

Building materials Wood Frame
Roof type Flat
Additional Structures Storage
Listing Agency: Cummings-McCraney
Listed By: Betsy Costa · License #6501225352
Added: Aug 26 Changed: Aug 31 Last Checked: Sep 8 at 5:06AM
MLS# 26-901

Copyright © 2026 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,450-square-foot restaurant property occupies 2.7652 acres and combines a main-level dining operation with a lower-level bar and gathering space. The dining area includes booths, tables, a smorgasbord, and a salad bar. The bar area has its own entrance, bar seating, tables, tap beer service, televisions, and a pool table, with dedicated parking for that portion of the property.

The commercial kitchen is configured for restaurant operations, with cooking and preparation areas, a walk-in cooler/freezer, a separate dishwashing area, and substantial storage. Additional features include restrooms, a security system, handicap access, a ramped approach, a flat roof, wood-frame construction, natural gas forced-air heat, and a well water source.

The property is positioned at the corner of M-28 and M-123 in Newberry, adjacent to gas stations, a motel, and a golf course. Parking is provided for both the restaurant and tavern.

Key Highlights

  • 2.7652‑acre restaurant and tavern property in Newberry, MI
  • 2,450 SF building with main‑level dining and lower‑level bar space
  • Separate bar entrance and dedicated parking area

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 34% Hotels & Casinos 3%
McDonald's Dining
12,242 visits/mo 0.1 miles
Sunoco Shops & Services
6,741 visits/mo 0.1 miles
Pizza Hut Dining
2,310 visits/mo 0.2 miles
U-Haul Shops & Services
969 visits/mo 0.2 miles
Quality Inn & Suites Hotels & Casinos
690 visits/mo 0.1 miles

Demographics for 49868, MI

4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • M-28 Grill & Tavern 14045 State M-28, Co Rd 460, Newberry, MI 49868

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Main-level dining and a separate lower-level bar provide distinct food-service and gathering areas.
Where is this conventional restaurant located?
The property is located at 14045 Michigan 28 Newberry, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2.7652‑acre restaurant and tavern property in Newberry, MI; 2,450 SF building with main‑level dining and lower‑level bar space; Separate bar entrance and dedicated parking area
More about this property
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