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Established Restaurant Business
New
For Sale
$190,000

1157 S Otsego Avenue, Gaylord, MI 49735

Commercial Sale, Gaylord, MI

Property Size2,474 SF
Lot Size0.62 Acres
Price / SF$76.80
Days on Market2

Property Features for 1157 S Otsego Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Parking Lot
Basement Full
Subdivision Gaylord Anx
Directions M-32 to Otsego Ave
Standard status Active
APN Business only
Size 2,474 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Description Business Only
Legal Description Business Only

Utilities

Sewer type Septic Tank, Public Sewer

Building Details

Building materials Block
Listing Agency: Real Estate One of Gaylord
Listed By: Melisa Bertram · License #6501414669
Added: Sep 22 Last Checked: Sep 23 at 6:06PM
MLS# 201842954

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 conventional restaurant opportunity is structured as a lease takeover and includes the operating business assets, restaurant equipment, and an existing POS system. The sale also includes the established customer base, providing continuity for a new operator. The property is zoned Commercial and occupies a 2,474-square-foot building on 0.62 acres, with block construction and a dedicated parking lot.

The transaction includes the Mancino's Pizza business and carries no ongoing franchise fees. A 50-mile non-compete is also in place. Sewer service is identified as both septic tank and public sewer in the property information.

Key Highlights

  • Lease takeover includes the Mancino's Pizza business and operating assets
  • 2,474‑square‑foot restaurant building on 0.62 acres
  • Restaurant equipment and existing POS system included

Property Analytics

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Current Use

Mancino's of Gaylord Restaurant

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Catering Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 73% Shops & Services 27%
Tractor Supply Co. Home Improvements & Furnishings
11,380 visits/mo 0.2 miles
Dollar General Shops & Services
4,506 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
692 visits/mo 0.4 miles

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Lease takeover with restaurant equipment, business assets, and an existing point-of-sale system in place.
Where is this conventional restaurant located?
The property is located at 1157 S Otsego Avenue Gaylord, MI.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Lease takeover includes the Mancino's Pizza business and operating assets; 2,474‑square‑foot restaurant building on 0.62 acres; Restaurant equipment and existing POS system included
More about this property
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