Remodeled Conventional Restaurant with River
For Sale
$785,000
220 N Main Street, Cheboygan, MI 49721
Commercial Sale, Cheboygan, MI
Property Size2,500 SF
Lot Size0.10 Acres
Price / SF$314
Days on Market179
Property Features for 220 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Subdivision
M W Hornes Ext
Directions
Located on US 27 on Main Street Cheboygan. From the East take US 23 to US27 (Main Street) and turn left (South) Down 2 blocks 220 N Main Street is on the left.
Standard status
Active
APN
054-H20-000-005-00
Size
2,500 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, NLY 27.33FT LOT 8 & CENTER 27.33FT M/L OF LOT 2. (SEC 31, T38N,R1W) 925/307;1311/366;1426/852;1462/739
Tax Annual Amount
4400
Legal Description
M W HORNES PLAT FOR THE EXTENSION OF THE VILLAGE OF CHEBOYGAN, NLY 27.33FT LOT 8 & CENTER 27.33FT M/L OF LOT 2. (SEC 31, T38N,R1W) 925/307;1311/366;1426/852;1462/739
Utilities
Sewer type
Public Sewer
Water front
1
Building Details
Building materials
Brick, Block
Listing Agency:
COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
(231) 627-9959
Listed By:
Ruthann Cantile · License #6501451888
(507) 304-1093
Added: Apr 1
Changed: Sep 18
Last Checked: Sep 26 at 10:06AM
MLS# 201839212
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 2,500-square-foot conventional restaurant occupies a 0.1-acre site at 220 N Main Street in Cheboygan. The building features a cookhouse, back patio, spacious deck, and salon area, providing multiple functional zones within the existing layout. Brick and block construction and public sewer service are in place.
The property was completely remodeled in 2021 and includes furnishings and a liquor license. The deck and patio overlook the Cheboygan River, while the salon area offers additional configuration options within the commercial space. Renovations are underway, with potential improvements to the kitchen, salon, or bar area identified in the property plans.
The property was completely remodeled in 2021 and includes furnishings and a liquor license. The deck and patio overlook the Cheboygan River, while the salon area offers additional configuration options within the commercial space. Renovations are underway, with potential improvements to the kitchen, salon, or bar area identified in the property plans.
Key Highlights
- 2,500 square feet on a 0.1‑acre site
- Completely remodeled in 2021
- B3 zoning with public sewer service
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49721, MI
14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Scoops - Cheboygan — 106 S Main St, Cheboygan, MI 49721
Frequently Asked Questions
What type of property is this?
Conventional restaurant - B3-zoned restaurant includes a liquor license, furnishings, and flexible salon space.
Where is this conventional restaurant located?
The property is located at 220 N Main Street Cheboygan, MI.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 2,500 square feet on a 0.1‑acre site; Completely remodeled in 2021; B3 zoning with public sewer service
