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Restaurant Property With Liquor License
For Sale
$675,000

325 W 2nd Street, Gaylord, MI 49735

COMMERCIAL - Gaylord, MI

Property Size10,200 SF
Price / SF$66.18
Days on Market93

Property Features for 325 W 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-11 & C-2
Parking features Parking Lot
Basement Partial
Subdivision T30N R3W
Directions From Downtown Gaylord at Main St and Otsego Ave, south on S Otsego Ave to the property
Standard status Active
APN 100-000-012-002-01, 4-00, 104-900-002-009-50
Size 10,200 SF

Taxes and HOA fees

Tax Description N 1/2 OF LOT 1 BLK 12 AND LOTS 2 AND 3 BLK 12 CITY OF GAYLORD 08 COMBO OF 100-000-012-001-00 & 012-002-00 LOT 4 BLK 12 CITY OF GAYLORD T30NR3W
Legal Description N 1/2 OF LOT 1 BLK 12 AND LOTS 2 AND 3 BLK 12 CITY OF GAYLORD 08 COMBO OF 100-000-012-001-00 & 012-002-00 LOT 4 BLK 12 CITY OF GAYLORD T30NR3W

Utilities

Sewer type Public Sewer
Listing Agency: The TEAM Real Estate Group
Listed By: Daphne Cousineau · License #6501451636
Added: Jun 5 Changed: Aug 4 Last Checked: Sep 5 at 2:06PM
MLS# 201840609

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 10,200-square-foot commercial property includes restaurant space with a liquor license alongside a convenience and party store component. A parking lot supports the site, and public sewer service is in place.

The property is located at 325 W 2nd Street in downtown Gaylord, just south of Main Street/M-32 on Old 27 South. Zoning is C-11 & C-2, providing the recorded land-use designations for the property.

Key Highlights

  • 10,200 square feet of commercial property
  • Restaurant space with liquor license
  • Convenience and party store component

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.

Lease Details

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby
187k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 34% Groceries 10% Hotels & Casinos 4%
McDonald's Dining
34,190 visits/mo 0.2 miles
Speedway Shops & Services
20,441 visits/mo 0.3 miles
Family Fare Groceries
18,037 visits/mo 0.3 miles
Qdoba Mexican Grill Dining
16,825 visits/mo 0.4 miles
Holiday Station Store Shops & Services
15,700 visits/mo 0.2 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and convenience-store components offer a mixed commercial configuration with on-site parking and public sewer.
Where is this conventional restaurant located?
The property is located at 325 W 2nd Street 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: 10,200 square feet of commercial property; Restaurant space with liquor license; Convenience and party store component
More about this property
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