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Restaurant with Gift Shop
New
For Sale
$399,000

29299 E Channel Road, Drummond Island, MI 49726

Commercial Sale, Drummond Island, MI

Property Size1,550 SF
Lot Size0.92 Acres
Price / SF$257.42
Days on Market3

Property Features for 29299 E Channel Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning CG
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision T42N R5E
Directions Take Ferry to Drummond Island, Follow Channel Road to 29299 E Channel Road, Esther's Mexican Cuisine is on left side of road.
Standard status Active
APN 006-165-015-46
Size 1,550 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Description SEC 25T42N R5E W 160 FT OF E 990 FT OF S 236 FT OF SE 1/4 OF SW 1/4. 0.92 A M/L
Legal Description SEC 25T42N R5E W 160 FT OF E 990 FT OF S 236 FT OF SE 1/4 OF SW 1/4. 0.92 A M/L

Utilities

Sewer type Septic Tank
Water source Well
Listing Agency: KW Northern Michigan Team Partners
Listed By: Lynn Leinonen
Added: Oct 9 Last Checked: Oct 11 at 2:06AM
MLS# 201843238

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 restaurant property on Drummond Island includes a 1,550-square-foot building with kitchen inventory and a sit-down dining area. The site also has a gift shop, outdoor patio, pole barn, and a mobile home intended for an owner or manager. A ramp provides accessible approach to the property.

The 0.92-acre parcel has a parking lot and is served by a well and septic system. CG zoning applies to the property.

Key Highlights

  • 1,550‑square‑foot restaurant building with kitchen inventory and sit‑down dining area
  • 0.92‑acre parcel zoned CG
  • Gift shop and outdoor patio on site

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Pet Store Pet Store & Service Clothing & Fashion Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49726, MI

973
Population
1,546
Households
0.6
Avg Household Size
61
Median Age
28%
College-Educated
96%
High-School Grad
128.9 sq mi
ZIP Area
8
Density / Sq Mi
$65,000
Median Household Income
$37,917
Median Earnings
$824
Median Rent
$250,500
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 - A commercial kitchen, outdoor seating area, pole barn, and manager’s mobile home accompany the restaurant.
Where is this conventional restaurant located?
The property is located at 29299 E Channel Road Drummond Island, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,550‑square‑foot restaurant building with kitchen inventory and sit‑down dining area; 0.92‑acre parcel zoned CG; Gift shop and outdoor patio on site
More about this property
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