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Seasonal Restaurant with Outdoor Seating
For Sale
$199,900

1499 S Straits Highway, Indian River, MI 49749

Commercial Sale, Indian River, MI

Property Size750 SF
Price / SF$266.53
Days on Market53

Property Features for 1499 S Straits Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Parking Lot
Subdivision T35N,R2W
Directions From Indian River, head north on Straits Hwy, restaurant is on the right before Waubun Road.
Standard status Active
APN part of: 162-007-300-003-01
Size 750 SF

Taxes and HOA fees

Tax Description Part Of: S 260FT OF N 460FT OF NW FRL 1/4 OF SW FRL 1/4, SEC 7, T35N,R2W *EXC: N 33FT LYING WLY OF I-75 **AND** S 140FT OF N 200FT OF NW FRL 1/4 OF SW FRL 1/4, SEC 7, T35N,R2W, LYING ELY OF I-75 *EXC: R/W. 725/521
Legal Description Part Of: S 260FT OF N 460FT OF NW FRL 1/4 OF SW FRL 1/4, SEC 7, T35N,R2W *EXC: N 33FT LYING WLY OF I-75 **AND** S 140FT OF N 200FT OF NW FRL 1/4 OF SW FRL 1/4, SEC 7, T35N,R2W, LYING ELY OF I-75 *EXC: R/W. 725/521

Utilities

Sewer type Septic Tank
Water source Well

Building Details

Building materials Log
Listing Agency: COLDWELL BANKER SCHMIDT INDIAN RIVER
Listed By: Billy Andrew · License #6506045131
Added: Aug 5 Changed: Sep 13 Last Checked: Sep 26 at 11:06AM
MLS# 201842080

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 750-square-foot seasonal restaurant is configured with a dining area, walk-up service counter, fully equipped kitchen, restroom, and outdoor seating. The log-constructed building is supported by a well and septic tank, with an established customer parking lot on site. Commercial zoning supports the property’s current restaurant use.

Located at 1499 S Straits Highway in Indian River, the property sits directly off Straits Highway with convenient access and visibility. The existing layout can support continuation of the current restaurant concept or adaptation to a different food-service operation.

Key Highlights

  • 750 SF seasonal restaurant building
  • Indoor dining area, walk‑up counter, kitchen, and restroom
  • Outdoor seating area

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Parts Store Auto Repair Shop Pet Store Pet Store & Service (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.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49749, MI

4,087
Population
3,995
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
90%
High-School Grad
64.8 sq mi
ZIP Area
63
Density / Sq Mi
$66,604
Median Household Income
$36,471
Median Earnings
$862
Median Rent
$202,600
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 - Established seasonal restaurant with indoor dining, walk-up service, kitchen facilities, and customer parking.
Where is this conventional restaurant located?
The property is located at 1499 S Straits Highway Indian River, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 750 SF seasonal restaurant building; Indoor dining area, walk‑up counter, kitchen, and restroom; Outdoor seating area
More about this property
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