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Bayside Restaurant with Tavern License
For Sale
$120,000

3890 Charlevoix Ave, Petoskey, MI 49770

Well-established restaurant serving breakfast and lunch, with a tavern license available by application.

Property Size2,150 SF
Price / SF$55.81
Days on Market50

Property Features for 3890 Charlevoix Ave

General Information

Standard status Active
Size 2,150 SF
Property subtype Retail, Other

Additional Details

Business Included Yes
Liquor License Yes
Listing Agency: Graham Real Estate
Listed By: Jennifer Miller
Source: Cpix.resimplifi
Added: Jul 6 Changed: Jul 10 Last Checked: Aug 23 at 2:27AM

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 Graham Real Estate

Investment Insights

Based on property information with market context.

Bayside Restaurant is a conventional restaurant opportunity in Petoskey, offering breakfast and lunch service. The property is presented for sale and includes a tavern license that is available to future tenants with application to the State.

The restaurant is located at 3890 Charlevoix Ave in Petoskey, MI 49770.

Key Highlights

  • Well‑established restaurant in Petoskey/Bay Harbor offering breakfast and lunch
  • Tavern license available to future tenants with application to the State
  • Opportunity to expand with added dinner service or catering to grow revenue streams

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Dental Office HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
2,456 visits/mo 0.1 miles

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
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 - Well-established restaurant serving breakfast and lunch, with a tavern license available by application.
Where is this conventional restaurant located?
The property is located at 3890 Charlevoix Ave Petoskey, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Well‑established restaurant in Petoskey/Bay Harbor offering breakfast and lunch; Tavern license available to future tenants with application to the State; Opportunity to expand with added dinner service or catering to grow revenue streams
More about this property
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