Established Highway
For Sale
$439,900
9567 Chippewa Highway, Bear Lake, MI 49614
Operating restaurant business with liquor licensing, extensive equipment, and a remodeled manufactured home on site.
Property Size3,800 SF
Days on Market31
Property Features for 9567 Chippewa Highway
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Commercial
Restaurant
Seating Capacity
130
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,975
Building Details
Building Size
3,800 SF
Year Built
1952
Buildings
3800
Stories
2400
Units
2
Abandoned
No
Listing Agency:
Coldwell Banker ALM REALTY
(231) 794-1777
Listed By:
Brenda Cronan
Source:
Erareardonrealty
Added: Jul 31
Changed: Aug 30
Last Checked: Aug 30 at 5:43PM
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 established restaurant property combines an operating food-and-beverage business with an on-site residence. The restaurant was built in 1952 and includes two kitchens, two storage rooms, a walk-in cooler and freezer, furnace, fixtures, equipment, two pool tables, and seating for 130. Outdoor amenities include a patio with seating and a fire pit. The sale includes a Class C liquor license with dance, Sunday Sales, early Sunday sales, and outdoor privileges.
The property fronts Chippewa Highway, identified in the source information as US-31, and is near Bear Lake, Onekama, Manistee, and a casino. Electrical improvements include two 200-amp panels. The site also contains a 1991 manufactured home with three bedrooms and two bathrooms, a deck, a remodeled interior, and a metal roof installed in recent years.
The property fronts Chippewa Highway, identified in the source information as US-31, and is near Bear Lake, Onekama, Manistee, and a casino. Electrical improvements include two 200-amp panels. The site also contains a 1991 manufactured home with three bedrooms and two bathrooms, a deck, a remodeled interior, and a metal roof installed in recent years.
Key Highlights
- Operating restaurant established in 1952 with seating for 130
- Class C liquor license with dance, Sunday Sales, early Sunday sales, and outdoor privileges
- Two kitchens, two storage rooms, walk‑in cooler and freezer, fixtures, and restaurant equipment
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant business with liquor licensing, extensive equipment, and a remodeled manufactured home on site.
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: Operating restaurant established in 1952 with seating for 130; Class C liquor license with dance, Sunday Sales, early Sunday sales, and outdoor privileges; Two kitchens, two storage rooms, walk‑in cooler and freezer, fixtures, and restaurant equipment
