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Restaurant with Fireplace

7481 Co Rd 415, McMillan, MI 49853

For Sale
$249,000

Furnished restaurant with food-service equipment, bar equipment, and a Class C liquor license.

Property Size1,508 SF
Price / SF$165.12
Days on Market163

Property Features for 7481 Co Rd 415

General Information

Standard status Active
Size 1,508 SF
Total Parking Spaces 10
Property subtype Retail
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Seating Capacity 50
Equipment Included Yes

Additional Details

Furnished Yes

Amenities

fireplace

Building Details

Building Size 1,508 SF
Listing Agency: Keller Williams Northern Michigan Properties
Listed By: Leah Jackson · License MI #6501371812
Source: Cpix.resimplifi
Added: May 31 Changed: Nov 2 Last Checked: Nov 8 at 2:26AM

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 Keller Williams Northern Michigan Properties

Rey
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Investment Insights

Based on property information with market context.

This 1,508-square-foot conventional restaurant includes a dining area configured for approximately 50 seats and features a fireplace. The sale includes food-service equipment, bar equipment, and full furnishings, providing a substantially equipped operating setup. A Class C liquor license is also included.

The property is located at 7481 Co Rd 415 in McMillan, Michigan, with Commercial zoning. The source information also identifies M-28 access and recreational activity associated with nearby lakes, trails, and outdoor destinations.

Key Highlights

  • 1,508‑square‑foot restaurant property
  • Dining area seats approximately 50
  • Includes food‑service and bar equipment

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49853, MI

1,282
Population
1,189
Households
1.1
Avg Household Size
54
Median Age
24%
College-Educated
95%
High-School Grad
169.0 sq mi
ZIP Area
8
Density / Sq Mi
$59,405
Median Household Income
$26,154
Median Earnings
$725
Median Rent
$189,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Furnished restaurant with food-service equipment, bar equipment, and a Class C liquor license.
Where is this conventional restaurant located?
The property is located at 7481 Co Rd 415 McMillan, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,508‑square‑foot restaurant property; Dining area seats approximately 50; Includes food‑service and bar equipment
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