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Restaurant Building with Parking Lot
For Sale
$799,000

711 N Silverleaf Street, Gladwin, MI 48624

COMMERCIAL - Gladwin, MI

Property Size3,338 SF
Lot Size0.40 Acres
Price / SF$239.36
Days on Market1139

Property Features for 711 N Silverleaf Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Subdivision Grout, Foutch & Johnsons Add
Standard status Active
Size 3,338 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2022

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

accessible bathrooms
enclosed entry

Building Details

Year built 1971
Roof type Metal
Listing Agency: RE/MAX RIVER HAVEN
Listed By: WAYNE WALTS II · License #6506037990
Added: Jun 23, 2023 Changed: Aug 2 Last Checked: Aug 4 at 5:06AM
MLS# 50113933

Copyright © 2026 Clare Gladwin 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.

Restaurant building located at 711 N Silverleaf Street in Gladwin, MI, offered for sale with the Family Diner business included. The property features an enclosed entry and an accessible layout with accessible bathrooms. Inside, there is a large dining area plus a full kitchen with a cooler.

The building is approximately 3,338 square feet on a 0.4-acre lot and includes a large parking lot for guest use. Improvements include a new metal roof. Heating is forced air and cooling is central air. Public water service is provided, and the roof is metal. The property was built in 1971.

For operators, the existing configuration supports on-site dining and kitchen operations, with an enclosed entry and dedicated parking onsite.

Key Highlights

  • Family Diner business included with the restaurant property
  • Over 3,000 sq ft restaurant building with a large dining area
  • Full kitchen with cooler plus enclosed entry

Property Analytics

Current Use

Family diner Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Spa & Massage Center Electrical Service Plumbing Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48624, MI

15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Breakfast & diner - Restaurant building on a 0.4-acre lot with a large parking lot, central air, and public water service.
Where is this breakfast & diner located?
The property is located at 711 N Silverleaf Street Gladwin, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Family Diner business included with the restaurant property; Over 3,000 sq ft restaurant building with a large dining area; Full kitchen with cooler plus enclosed entry
More about this property
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