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Established Breakfast Restaurant
For Sale
$99,000

3890 Charlevoix Avenue Unit 290, Petoskey, MI 49770

Operating food-service business serving breakfast and lunch in Petoskey.

Property Size2,150 SF
Days on Market803

Property Features for 3890 Charlevoix Avenue Unit 290

General Information

Standard status Active
Size 2,150 SF
Property subtype Business

Building Details

Building Size 2,150 SF
Listing Agency: Berkshire Hathaway HomeServices Real Estate
Listed By: A. Mitts Lee
Source: Patobrien
Added: May 31, 2024 Changed: Aug 5 Last Checked: Aug 10 at 9:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Real Estate

Investment Insights

Based on property information with market context.

This established restaurant business in Petoskey is centered on breakfast and lunch service. The operation is identified as Bayside Restaurant and is located at 3890 Charlevoix Avenue, Unit 290.

Future operating options identified for the business include adding dinner service or catering. A tavern license may be available to a future tenant through an application to the State.

Key Highlights

  • Established restaurant business in Petoskey
  • Breakfast and lunch service currently offered
  • Potential to add dinner service

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Dental Office HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
2,456 visits/mo 0.1 miles

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
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

  • The Sagamore Room 3600 Village Harbor Dr, Petoskey, MI 49770
  • Maple + Batter 4165 Main St, Bay Harbor, MI 49770

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Operating food-service business serving breakfast and lunch in Petoskey.
Where is this breakfast & diner located?
The property is located at 3890 Charlevoix Avenue Unit 290 Petoskey, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Established restaurant business in Petoskey; Breakfast and lunch service currently offered; Potential to add dinner service
More about this property
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