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Turn-Key Bar & Restaurant With Patio
For Sale
$439,900

9567 Chippewa Highway, Bear Lake, MI 49614

Bar and restaurant operation with seating for 130, outdoor patio, and included equipment, fixtures, and Class C liquor license.

Property Size3,800 SF
Days on Market35

Property Features for 9567 Chippewa Highway

General Information

Standard status Active
Size 3,800 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,975

Building Details

Building Size 3,800 SF
Year Built 1952
Buildings 3800
Units 2
Listing Agency: Coldwell Banker ALM REALTY
Listed By: Brenda Cronan
Source: Eliterealtymi
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 22 at 12:40PM

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 Coldwell Banker ALM REALTY

Investment Insights

Based on property information with market context.

This property presents a turn-key bar and restaurant business with a home on site, built around a long-running operation dating back to the 1950s. The sale includes a Class C liquor license, dance privileges, Sunday sales (including early Sunday), and outdoor operations. Interior features include two kitchens, two storage rooms, and a walk-in cooler and freezer, along with all fixtures and equipment, including two pool tables. Dining capacity is listed at 130, with a large outdoor patio that includes a fire pit and seating.

The commercial space is paired with a 1991 manufactured home offering 3 bedrooms and 2 bathrooms, with a metal roof installed a couple of years ago, a deck, and a complete remodel. Updates over the last 18 years include newer electrical service with two 200 amp panels, a newer roof, and a furnace, among other improvements.

The business is located on a major highway (US-31) with high visibility and traffic count, near Bear Lake, Onekama, Manistee, and the casino.

Key Highlights

  • Bar/restaurant business on US‑31 with high visibility and traffic count
  • Sale includes a Class C liquor license with dance, Sunday sales (and early Sunday), and outdoor use
  • Seating capacity for 130 plus large patio with fire pit and seating

Property Analytics

Current Use

Rosie's Place Restaurant

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Garden Center Furniture & Home Goods Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49614, MI

2,985
Population
1,967
Households
1.5
Avg Household Size
51
Median Age
29%
College-Educated
96%
High-School Grad
91.4 sq mi
ZIP Area
33
Density / Sq Mi
$71,389
Median Household Income
$36,739
Median Earnings
$963
Median Rent
$203,900
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 - Bar and restaurant operation with seating for 130, outdoor patio, and included equipment, fixtures, and Class C liquor license.
Where is this conventional restaurant located?
The property is located at 9567 Chippewa Highway Bear Lake, MI.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Bar/restaurant business on US‑31 with high visibility and traffic count; Sale includes a Class C liquor license with dance, Sunday sales (and early Sunday), and outdoor use; Seating capacity for 130 plus large patio with fire pit and seating
More about this property
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