Restaurant with Banquet
For Sale
$1,100,000
205 E Chicago Street, Jonesville, MI 49250
Commercial Sale, Jonesville, MI
Property SizeContact for details
Lot Size0.13 Acres
Days on Market9
Property Features for 205 E Chicago Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2, Basement
Interior features
Broadband
Elementary school district
Jonesville
Middle school district
Jonesville
High school district
Jonesville
Standard status
Active
APN
21-060-001-132
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Per Grid
Tax Annual Amount
26792
Legal Description
Per Grid
Utilities
Utilities
Cable Available
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
2010
Number of units
1
Building materials
Brick, Stone
Listing Agency:
Spieth & Satow Auctions & Real Estate
(517) 439-2528
Listed By:
Darin W Spieth · License #6501348697
(517) 398-6060
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 7 at 3:06AM
MLS# 26051835
Copyright © 2026 Michigan Regional Information Center, LLC. 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 full-service restaurant property includes 2,680 square feet of main dining space, a 1,224-square-foot event room with seating for up to 72, and a 270-square-foot private dining room for up to 20 guests. The 1,332-square-foot commercial kitchen is equipped, and a 1,548-square-foot basement provides storage. A full-service bar, Class C liquor license, and furniture, fixtures, and equipment are included. The building has steel construction and was completed in 2011, according to the facility description.
The property is at 205 E Chicago Street on US 12 in Jonesville, Michigan. Parking is available from the street and through a rear lot. A nearby private college contributes visiting-family and event-related customer traffic, as described in the listing information.
The sale includes the operating business and seller-owned real estate. The current operating schedule is five days per week, and the existing layout supports both standard restaurant service and private events.
The property is at 205 E Chicago Street on US 12 in Jonesville, Michigan. Parking is available from the street and through a rear lot. A nearby private college contributes visiting-family and event-related customer traffic, as described in the listing information.
The sale includes the operating business and seller-owned real estate. The current operating schedule is five days per week, and the existing layout supports both standard restaurant service and private events.
Key Highlights
- 2,680‑square‑foot main dining area
- 1,224‑square‑foot banquet/event room with seating for up to 72
- 270‑square‑foot private dining room accommodates up to 20 guests
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 28%
Home Improvements & Furnishings 4%
McDonald's
Dining
20,484 visits/mo
0.2 miles
Citgo
Shops & Services
5,905 visits/mo
0.5 miles
SUBWAY
Dining
5,406 visits/mo
0.3 miles
Sunoco
Shops & Services
4,668 visits/mo
0.4 miles
True Value Hardware
Home Improvements & Furnishings
1,415 visits/mo
0.1 miles
Demographics for 49250, MI
5,994
Population
2,560
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
91%
High-School Grad
78.7 sq mi
ZIP Area
76
Density / Sq Mi
$61,918
Median Household Income
$40,625
Median Earnings
$774
Median Rent
$159,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Separate dining and event rooms accommodate both regular meal service and private gatherings.
Where is this conventional restaurant located?
The property is located at 205 E Chicago Street Jonesville, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,680‑square‑foot main dining area; 1,224‑square‑foot banquet/event room with seating for up to 72; 270‑square‑foot private dining room accommodates up to 20 guests
