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    Alanson, MI
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    Alanson, MI Restaurants for Sale

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    Office Building with Drive-Through Window
    Updated: Jun 28
    Office Building with Drive-Through Window

    6232 River Street, Alanson, MI 49706

    $239,900
    1,344 sqft
    1,344 SF office building with a private office, kitchenette, and storage area
    Existing drive‑through window for convenient customer access
    Two large safes included
    Zoned VOA B‑1
    Wood frame construction with forced air heating and natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    6232 River Street, Alanson, MI 49706

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Mortgage

      $119K
      Oct 2022

    • Last Sold

      Oct 2022
      $125K

    • Property Type

      Commercial (General)
      Built 1965
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    Waterfront Restaurant Building
    Updated: Aug 10
    Waterfront Restaurant Building

    6229 East Street, Alanson, MI 49706

    $385,000
    1,568 sqft 0.40 AC lot
    75' of Crooked River waterfront with dock included
    1,568 SF restaurant‑configured commercial property
    0.4‑acre corner lot in downtown Alanson
    B‑1 zoning and well water
    US 31 traffic averages 15,000 cars daily
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    Waterfront Land with Dock
    Waterfront Land with Dock

    6229 East Street, Alanson, MI 49706

    $385,000
    1,568 sqft 0.40 AC lot

    B-1-zoned waterfront site with a dock and an existing restaurant setup in downtown Alanson.

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    Restaurant with Bar and Living Quarters
    Restaurant with Bar and Living Quarters

    7515 S US 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    B-1 zoned restaurant on US Highway 31 with bar, dining room, upstairs living quarters, and basement storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turn-Key Restaurant with Living Quarters
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped restaurant with living space and expansion potential.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Alanson, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Seasonal Restaurant with Outdoor Seating
    Seasonal Restaurant with Outdoor Seating

    1499 S Straits Highway, Indian River, MI 49749

    $199,900
    750 sqft

    Established seasonal operation with a dining area, walk-up counter, equipped kitchen, restroom, and customer parking.

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    Bayside Restaurant with Tavern License
    Bayside Restaurant with Tavern License

    3890 Charlevoix Ave, Petoskey, MI 49770

    $120,000
    2,150 sqft

    Well-established restaurant serving breakfast and lunch, with a tavern license available by application.

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    Restaurant with Tavern License
    Restaurant with Tavern License

    3890 Charlevoix Avenue, Petoskey, MI 49770

    $99,000
    2,150 sqft

    Bayside Restaurant is a wood-frame restaurant offering breakfast and lunch, with heating by forced air natural gas and a metal roof.

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    Storefront Property with Candy Shop
    Storefront Property with Candy Shop

    3676 S Straits Highway, Indian River, MI 49749

    $885,000
    2,500 sqft

    Commercial property includes an operating confectionery business, equipment, recipes, and related business names.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Boat Launch
    Commercial Land Near Boat Launch

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial-zoned land with sewer, natural gas, and electric available, directly across from the Forks Public Boat Launch.

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    Commercial Land with Security Lease
    Commercial Land with Security Lease

    1518 & 1520 Bridge Street, Charlevoix, MI 49720

    $795,000
    2,900 sqft 1.50 AC lot

    Multiple parcels total 1.5 acres with frontage on three roads, currently leased to a security company.

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    Vacant Commercial Buildable Parcel
    Vacant Commercial Buildable Parcel

    11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

    $175,000
    1.93 AC lot

    Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

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    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

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    Alanson, MI Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Alanson, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 15,114 square feet of properties for sale, with an estimated market value of $2,407,900.

    Sale prices for restaurant properties in Alanson, MI start at $239,900, averaging $481,580, and reaching up to $699,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 2
    Drive through restaurants 1

    Demographics Overview

    Population 4,712
    Population Growth (5Y) +4.5%
    Median Household Income $63,573
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Alanson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49706 $546K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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