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Restaurant with Included FF&E
For Sale
$150,000

509 S Morenci, Mio, MI 48647

Commercial, Mio, MI

Property Size320 SF
Lot Size0.26 Acres
Price / SF$468.75
Days on Market407

Property Features for 509 S Morenci

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 8
Parking features Parking Lot
Exterior features Vinyl, Steel
Directions M-33 to Mio on East side.
Subdivision Oscoda
Standard status Active
Size 320 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description T26N R3E SEC 18 - THE WEST 57 FEET OF BISSLAND & BARNUMS 4TH ADD TO MIO LOTS 4, 5, 6, 7, 8 & 9 BLK 3.
Tax Annual Amount 1628
Legal Description T26N R3E SEC 18 - THE WEST 57 FEET OF BISSLAND & BARNUMS 4TH ADD TO MIO LOTS 4, 5, 6, 7, 8 & 9 BLK 3.

Building Details

Building materials Steel
Roof type Membrane
Listing Agency: BENJAMIN REALTY
Listed By: MARK BENJAMIN
Added: Jul 10, 2025 Changed: Aug 19 Last Checked: Aug 20 at 10:06PM
MLS# 1936206

Copyright © 2026 Northern Great Lakes Realtors MLS. 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 320-square-foot conventional restaurant occupies a 0.26-acre parcel at 509 S Morenci in Mio, Michigan. The building uses steel construction with vinyl exterior elements and a membrane roof, and includes a bathroom, parking lot, and business furniture, fixtures, and equipment. The property was developed for the Blenderz franchise, while the included setup can support continued restaurant operations or a different food-service concept.

An open area on the north side provides space for expansion or other site utilization. City sidewalks and lighting serve the property, adding established pedestrian infrastructure along the address. The combination of a compact restaurant building, included operating equipment, and additional exterior area creates a straightforward commercial food-service configuration.

Key Highlights

  • 320‑square‑foot restaurant building on a 0.26‑acre parcel
  • Business furniture, fixtures, and equipment included
  • Originally developed for the Blenderz franchise

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Locksmith (Bike/Boat/Book/etc) Store Dental Office

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

205
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Groceries 32% Home Improvements & Furnishings 7%
Family Fare Groceries
9,942 visits/mo 0.5 miles
Marathon Shops & Services
7,894 visits/mo 0.2 miles
Shell Shops & Services
4,898 visits/mo 0.2 miles
Dollar Tree Shops & Services
4,471 visits/mo 0.4 miles
Mio Ace Hardware Home Improvements & Furnishings
2,065 visits/mo 0.3 miles

Demographics for 48647, MI

4,004
Population
3,139
Households
1.3
Avg Household Size
48
Median Age
14%
College-Educated
84%
High-School Grad
167.2 sq mi
ZIP Area
24
Density / Sq Mi
$50,594
Median Household Income
$31,548
Median Earnings
$587
Median Rent
$122,800
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 - Compact food-service building with on-site parking and an open north-side area for additional use.
Where is this conventional restaurant located?
The property is located at 509 S Morenci Mio, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 320‑square‑foot restaurant building on a 0.26‑acre parcel; Business furniture, fixtures, and equipment included; Originally developed for the Blenderz franchise
More about this property
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