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Seasonal Restaurant with Outdoor Seating
New
For Sale
$199,900

1499 S Straits Highway, Indian River, MI 49749

COMMERCIAL - Indian River, MI

Property Size750 SF
Price / SF$266.53
Days on Market7

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: Aug 10 Last Checked: Aug 11 at 8:06PM
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.

Yaz's Diner is a 750-square-foot seasonal restaurant with a customer dining area, walk-up service counter, fully equipped kitchen, and restroom. Outdoor seating extends the service area, while the log construction gives the property a distinctive physical character. An established parking lot supports customer access. The property is served by a well and septic tank and is zoned Commercial.

Located directly off Straits Highway in Indian River, the restaurant offers convenient highway access and visibility. The existing layout can support continued restaurant use or be adapted to a different food-service concept, subject to applicable approvals.

Key Highlights

  • 750‑square‑foot seasonal restaurant operation
  • Dining area, walk‑up service counter, equipped kitchen, and restroom
  • Outdoor seating for customer use

Property Analytics

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

171
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
McDonald's Dining
19,985 visits/mo 0.2 miles
Burger King Dining
11,030 visits/mo 0.4 miles
Shell Shops & Services
10,191 visits/mo 0.2 miles
Marathon Shops & Services
7,849 visits/mo 0.3 miles
SUBWAY Dining
2,200 visits/mo 0.1 miles

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established seasonal operation with a dining area, walk-up counter, equipped kitchen, restroom, 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‑square‑foot seasonal restaurant operation; Dining area, walk‑up service counter, equipped kitchen, and restroom; Outdoor seating for customer use
More about this property
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