Turnkey Restaurant with Outdoor
For Sale
$439,900
9567 Chippewa Highway, Bear Lake, MI 49614
COMMERCIAL - Bear Lake, MI
Property Size3,800 SF
Lot Size2.37 Acres
Price / SF$115.76
Days on Market213
Property Features for 9567 Chippewa Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Com/Res
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
Bear Lake
Middle school district
Bear Lake
High school district
Bear Lake
Directions
US 31 just North of Nine Mile and South of Bear Lake about 4 miles
Subdivision
MasonOceanaManistee - O
Standard status
Active
APN
02-020-275-05
Size
3,800 SF
Lot size
2.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT SE 1/4 NW 1/4 COM 330FT N OF SW COR, E 205.4FT TO CEN OF US 31 FOR POB., N 26DEG 20MIN E 368FT, E 292 FT, S 346 FT
Tax Annual Amount
2975
Legal Description
PT SE 1/4 NW 1/4 COM 330FT N OF SW COR, E 205.4FT TO CEN OF US 31 FOR POB., N 26DEG 20MIN E 368FT, E 292 FT, S 346 FT
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1952
Number of units
2
Building materials
Block, Vinyl Siding, Metal Siding
Roof type
Metal
Listing Agency:
Coldwell Banker ALM REALTY
(231) 723-3555
Listed By:
Brenda Cronan
(231) 794-1777
Added: Jan 20
Changed: Aug 4
Last Checked: Aug 21 at 7:06PM
MLS# 26002674
Copyright © 2026 Michigan Regional Information Center, LLC. 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 property includes a bar/restaurant business with an established history and turnkey operation. Seating capacity is listed as 130, with a large patio that includes a fire pit and seating. The sale includes a Class C liquor license plus features noted as dance, Sunday sales (including early Sunday), and outdoor.
The building improvements and equipment inventory includes all fixtures and equipment, two pool tables, two kitchens, and two storage rooms, along with updates over the last 18 years such as updated electrical service with two 200 amp panels, a newer roof, a walk-in cooler and freezer, and a furnace. Access and visibility are described as being on a major highway, U.S. 31, near Bear Lake, Onekama, Manistee, and the casino.
Also included on the property is a 1991 manufactured home with 3 bedrooms and 2 bathrooms. The home is described as having a metal roof installed a couple of years ago, a deck, and as completely remodeled.
The building improvements and equipment inventory includes all fixtures and equipment, two pool tables, two kitchens, and two storage rooms, along with updates over the last 18 years such as updated electrical service with two 200 amp panels, a newer roof, a walk-in cooler and freezer, and a furnace. Access and visibility are described as being on a major highway, U.S. 31, near Bear Lake, Onekama, Manistee, and the casino.
Also included on the property is a 1991 manufactured home with 3 bedrooms and 2 bathrooms. The home is described as having a metal roof installed a couple of years ago, a deck, and as completely remodeled.
Key Highlights
- Established bar/restaurant business operating since the 1950s with a strong reputation and loyal customer base.
- Includes valuable Class C liquor license with Dance, Sunday Sales (and early sun), and Outdoor privileges.
- Turn‑key operation with a seating capacity of 130 plus a large patio with fire pit and seating, ready for immediate operation.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49614, MI
2,985
Population
1,967
Households
1.5
Avg Household Size
51
Median Age
29%
College-Educated
96%
High-School Grad
91.4 sq mi
ZIP Area
33
Density / Sq Mi
$71,389
Median Household Income
$36,739
Median Earnings
$963
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey bar/restaurant operation with outdoor patio seating, two kitchens, and included liquor license.
Where is this conventional restaurant located?
The property is located at 9567 Chippewa Highway Bear Lake, MI.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Established bar/restaurant business operating since the 1950s with a strong reputation and loyal customer base.; Includes valuable Class C liquor license with Dance, Sunday Sales (and early sun), and Outdoor privileges.; Turn‑key operation with a seating capacity of 130 plus a large patio with fire pit and seating, ready for immediate operation.
