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Restaurant With Separate Bar
New
For Sale
$525,000

14045 Michigan 28, Newberry, MI 49868

Commercial, Newberry, MI

Property Size2,450 SF
Price / SF$214.29
Days on Market2

Property Features for 14045 Michigan 28

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 42 - McMillan, Newberry and Soo Junction Areas
Standard status Active
Size 2,450 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5145

Building Details

Number of units 2
Listing Agency: Cummings-McCraney
Listed By: Betsy Costa · License #6501225352
Added: Aug 29 Last Checked: Aug 30 at 7:06AM
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 combines daytime dining with a separately configured bar and gathering area. The upper-level restaurant includes a seating area arranged with booths and tables, along with a smorgasbord and salad bar. It operates seven days per week for breakfast and lunch.

A lower-level bar provides additional seating at the counter and tables, plus tap beer service, televisions, and a pool table. The bar has its own entrance and dedicated parking area, creating a distinct space for evening and entertainment use.

The property occupies the corner of M-28 and M-123 in Newberry, Michigan, placing the restaurant at a junction used by local residents, travelers, snowmobilers, and area visitors.

Key Highlights

  • 2,450‑square‑foot restaurant property in Newberry, Michigan
  • Corner position at M‑28 and M‑123
  • Restaurant operates 7 days per week for breakfast and lunch

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

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 - Established dining operation with dedicated evening gathering space and independent customer access.
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: 2,450‑square‑foot restaurant property in Newberry, Michigan; Corner position at M‑28 and M‑123; Restaurant operates 7 days per week for breakfast and lunch
More about this property
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