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Restaurant Property with Liquor License
For Sale
$675,000

325 W 2nd St, Gaylord, MI 49735

Restaurant space paired with a convenience and party store component in downtown Gaylord.

Property Size10,200 SF
Price / SF$66.18
Days on Market43

Property Features for 325 W 2nd St

General Information

Standard status Active
Size 10,200 SF
Listing Agency: The TEAM Real Estate Group
Listed By: Daphne Cousineau · License #6501451636
Source: Genodangelo
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 11:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The TEAM Real Estate Group

Investment Insights

Based on property information with market context.

This conventional restaurant property includes dedicated restaurant space and an accompanying convenience and party store operation. A liquor license is associated with the restaurant component, supporting a broader operating format than a standalone dining venue.

The property is located at 325 W 2nd St in downtown Gaylord, just south of Main Street and M-32 along Old 27 South. Its position places the restaurant and retail components within the same commercial property, creating a combined configuration for an operator seeking multiple business functions at one address.

Key Highlights

  • Restaurant space includes a liquor license
  • Convenience and party store component on the property
  • Located at 325 W 2nd St in downtown Gaylord

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Electrical Service Acupuncture Locksmith Tattoo & Piercing Shop

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

837
Businesses Nearby
175k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 40% Groceries 10% Hotels & Casinos 2%
McDonald's Dining
34,190 visits/mo 0.4 miles
Speedway Shops & Services
20,441 visits/mo 0.4 miles
Family Fare Groceries
18,037 visits/mo 0.4 miles
Qdoba Mexican Grill Dining
16,825 visits/mo 0.5 miles
Holiday Station Store Shops & Services
15,700 visits/mo 0.3 miles

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space paired with a convenience and party store component in downtown Gaylord.
Where is this conventional restaurant located?
The property is located at 325 W 2nd St Gaylord, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Restaurant space includes a liquor license; Convenience and party store component on the property; Located at 325 W 2nd St in downtown Gaylord
More about this property
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