Michigan Restaurants for Sale

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999 properties

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Updated: Aug 21

Turn-Key Restaurant with Outdoor Seating

16409 Red Arrow Highway, Union Pier, MI 49129

$875,000

6,847 sqft

6,847‑square‑foot conventional restaurant property
Main dining room, bar area, and additional seating for private gatherings
Outdoor seating area for dining and special events
Sale includes restaurant equipment, licensing, and operating systems
Built in 1900

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16409 Red Arrow Highway, Union Pier, MI 49129

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$76K
Annual
Mortgage

$500K
Dec 2016

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Updated: Jul 27

Waterfront Lounge and Restaurant

4168 W Houghton Lake Drive, Houghton Lake, MI 48629

$1,800,000

8,420 sqft 0.95 AC lot

Approximately 8,400 SF lounge and restaurant with signature horseshoe‑shaped bar
152 feet of frontage on Houghton Lake with sandy beach and lakeside dock
Four distinct bar areas including lake‑level open‑air lower bar
1,404 SF three‑sided open‑air lakeside pavilion bar
560 SF open‑air lakeside balcony

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Restaurant Building

3024 Krafft Road, Fort Gratiot, MI 48059

$525,000

4,122 sqft 0.93 AC lot

Former restaurant property with lot parking, forced-air heating, and public water service.

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Renovated Restaurant with Event Space

8725 Water Street, Montague, MI 49437

$600,000

4,000 sqft 0.17 AC lot

Equipped commercial kitchen, built-in bar, and indoor seating for up to 99 guests.

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Burger King NNN Property with Drive-Through

4626 Red Arrow Hwy, Stevensville, MI 49127

$2,401,321

3,942 sqft 1.30 AC lot

Freestanding restaurant remodeled in 2022 with a drive-through and a newly established long-term net lease.

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Restaurant and Entertainment Venue

12201 Albee Road, Burt, MI 48417

$599,000

9,315 sqft 5.25 AC lot

Banquet room, commercial kitchen, full bar, and included Class C Liquor License support continued food-and-beverage operations.

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Historic 16-Room Hotel With Restaurant

13747 Main Street, Nahma, MI 49864

$500,000

6,397 sqft 0.60 AC lot

Operating hospitality property combines guest lodging with an on-site bar and restaurant.

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Waterfront Restaurant and Lounge

4168 W Houghton Lake Drive, Houghton Lake, MI 48629

$1,800,000

8,420 sqft

Waterfront restaurant and lounge with multiple bar areas, commercial kitchen, and lakeside beach and dock on Houghton Lake.

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Freestanding NNN Restaurant with Drive-Through

903 Spruce St, Dowagiac, MI 49047

$2,333,947

3,859 sqft 1.47 AC lot

Remodeled in 2022 and backed by a new long-term NNN lease with renewal options.

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Restaurant and Event Venue

1511 N Wilson Road, Mears, MI 49436

$1,195,000

5,984 sqft 15.17 AC lot

Restaurant operation with bar service, live-entertainment infrastructure, outdoor gathering areas, and supporting hospitality improvements.

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Mixed-Use Property with Restaurant Space

St Joseph, MI 49085

$599,000

7,271 sqft 0.16 AC lot

Two connected commercial sections combine office functionality with restaurant-oriented improvements and shared parking access.

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Turn-Key Bar and Restaurant

9289 Walta Street, Kaleva, MI 49645

$599,000

5,159 sqft 1.15 AC lot

Turn-key bar and restaurant with a full Class C liquor license and complete kitchen and bar equipment included.

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Downtown Riverfront Restaurant Building

506 W Broadway, Mt Pleasant, MI 48858

$1,500,000

10,327 sqft 7.00 AC lot

Restaurant property with river frontage in downtown Mt. Pleasant and current operators Mountain Town Station and Camille's on the River.

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Turnkey Restaurant and Bar Property

12227-12229 Seymour Road, Grass Lake, MI 49240

$750,000

5,310 sqft 1.09 AC lot

Fully operational restaurant and bar with commercial kitchen, liquor license, and multiple indoor and outdoor seating areas.

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Restaurant Building With Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000

2,064 sqft 0.10 AC lot

B-2 property includes a Class C liquor license, furnishings, and a fully equipped kitchen.

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Nightclub Property with Liquor License

4621 Rapid City Road NW, Rapid City, MI 49676

$879,000

3,456 sqft 0.55 AC lot

Existing adult entertainment venue with a full basement and on-site parking lot.

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Freestanding Burger King Investment Opportunity

26776 Eureka Rd, Taylor, MI 48180

$1,048,214

4,170 sqft 1.32 AC lot

Burger King net lease investment in Taylor, Michigan.

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Retail Space with Drive-Through

1313 N Eaton Street, Albion, MI 49224

$775,000

2,914 sqft 0.99 AC lot

Existing drive-through infrastructure and ample parking support restaurant, quick-service, or other high-traffic retail uses.

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Wendy's NNN Restaurant Property

32967 Michigan Ave, Wayne, MI 48184

$1,894,523

2,312 sqft 0.98 AC lot

Freestanding restaurant renovated to Wendy's modern prototype under an absolute NNN lease.

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Restaurant and Brewery Facility

93415 County Road 690, Dowagiac, MI 49047

$1,990,000

8,917 sqft 1.81 AC lot

Restaurant and brewery property with water views and multiple indoor and outdoor gathering spaces on a 1.81-acre lot.

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Arby’s Drive-Through Restaurant

1408 W Main St, Fremont, MI 49412

$2,168,000

3,080 sqft 1.29 AC lot

Remodeled in 2023 and positioned within Fremont’s retail corridor near Walmart, Meijer, and multiple national brands.

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Conventional Restaurant with Outdoor Patio

16710 Lakeshore Road, New Buffalo, MI 49117

$1,500,000

121,471 sqft 2.45 AC lot

Conventional restaurant with a fully equipped kitchen, central air, and an outdoor full-service patio permit on commercially zoned land.

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Freestanding Bar & Pub

34540 Harper Ave, Clinton Township, MI 48035

$1,495,000

3,200 sqft 1.46 AC lot

Corner-site property with pylon signage and B-3 and R-5 zoning.

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Conventional Restaurant with Liquor License

15212 N Red Bud Trail N, Buchanan, MI 49107

$349,000

4,559 sqft 1.50 AC lot

Existing dining and kitchen areas support food service, catering, and private events.

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Michigan Restaurants Market Trends and Statistics

Explore 999 restaurants for sale in Michigan, showcased through 999 active listings on our real estate platform. These investment opportunities span a total of 3,977,950 square feet of properties for sale, with an estimated market value of $477,514,932.

Sale prices for restaurant properties in Michigan start at $30,000, averaging $764,023, and reaching up to $12,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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