Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Harbor Springs t***@bhhsmi.com Show Phone

Listed By: Mindy Ozenberger · License #MI

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 6:15AM

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Investment Insights

Based on property information with market context.

The property is configured for restaurant operations, with indoor dining, a bar area, and an outdoor patio. On-site improvements include a full-service kitchen, drive-through capability, storage areas, and office space. The sale also includes the operating business, property contents, a Class C liquor license, and an SDM license. The property is being offered in as-is condition.

Located at 7568 US 31 in Alanson, Michigan, the site provides on-site parking and combines customer-facing areas with back-of-house support spaces. The existing layout accommodates multiple restaurant functions within one building, including dining, food preparation, storage, and administrative use.

Key Highlights

• Restaurant building includes indoor dining, a bar, and outdoor patio
• Full‑service kitchen with drive‑through capability
• Storage and office areas are included on site

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Building Supply Real Estate Agency Furniture & Home Goods Grocery & Convenience 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.

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

111

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49706, MI

5,062

Population

2,893

Households

1.7

Avg Household Size

42

Median Age

22%

College-Educated

92%

High-School Grad

58.5 sq mi

ZIP Area

87

Density / Sq Mi

$63,573

Median Household Income

$37,105

Median Earnings

$943

Median Rent

$208,500

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Includes indoor dining, bar, patio, full-service kitchen, storage, office space, and on-site parking.

Where is this conventional restaurant located?

The property is located at 7568 US 31 Alanson, MI.

What are key features of this property?

This property features: Restaurant building includes indoor dining, a bar, and outdoor patio; Full‑service kitchen with drive‑through capability; Storage and office areas are included on site