Remodeled Restaurant with River
For Sale
$785,000
220 N Main Street, Cheboygan, MI 49721
COMMERCIAL - Cheboygan, MI
Property Size2,500 SF
Lot Size0.10 Acres
Price / SF$314
Days on Market149
Property Features for 220 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Subdivision
M W Hornes Ext
Directions
Located on US 27 on Main Street Cheboygan. From the East take US 23 to US27 (Main Street) and turn left (South) Down 2 blocks 220 N Main Street is on the left.
Standard status
Active
APN
054-H20-000-005-00
Size
2,500 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, NLY 27.33FT LOT 8 & CENTER 27.33FT M/L OF LOT 2. (SEC 31, T38N,R1W) 925/307;1311/366;1426/852;1462/739
Tax Annual Amount
4400
Legal Description
M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, NLY 27.33FT LOT 8 & CENTER 27.33FT M/L OF LOT 2. (SEC 31, T38N,R1W) 925/307;1311/366;1426/852;1462/739
Utilities
Sewer type
Public Sewer
Water front
1
Amenities
deck
Building Details
Building materials
Brick, Block
Listing Agency:
COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
(231) 627-9959
Listed By:
Ruthann Cantile · License #6501451888
(507) 304-1093
Added: Apr 1
Changed: Aug 5
Last Checked: Aug 27 at 6:06PM
MLS# 201839212
Copyright © 2026 Water Wonderland 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 2,500-square-foot restaurant property was remodeled in 2021 and includes the operating components needed for a complete food-service setup. The sale includes a liquor license, furnishings, equipment, and inventory, along with a cookhouse, rear patio, and deck overlooking the Cheboygan River. Brick and block construction, public sewer service, and B3 zoning support the existing commercial restaurant use.
The property occupies 0.1 acres at 220 N Main Street in downtown Cheboygan, with public parking available nearby. Its river-facing outdoor areas add seating and gathering space to the interior restaurant layout, while the included furnishings and equipment provide a defined operational foundation for a new owner.
The property occupies 0.1 acres at 220 N Main Street in downtown Cheboygan, with public parking available nearby. Its river-facing outdoor areas add seating and gathering space to the interior restaurant layout, while the included furnishings and equipment provide a defined operational foundation for a new owner.
Key Highlights
- 2,500‑square‑foot restaurant building remodeled in 2021
- Liquor license included with the sale
- Furnishings, equipment, and inventory convey
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49721, MI
14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Scoops - Cheboygan — 106 S Main St, Cheboygan, MI 49721
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Liquor license, furnishings, equipment, and inventory convey with the restaurant.
Where is this conventional restaurant located?
The property is located at 220 N Main Street Cheboygan, MI.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 2,500‑square‑foot restaurant building remodeled in 2021; Liquor license included with the sale; Furnishings, equipment, and inventory convey
