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    Alger, MI
    Restaurants

    Alger, MI Restaurants for Sale

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    West Branch, MI Prescott, MI Clayton Twp, MI Sterling, MI Omer, MI Twining, MI Gladwin, MI Standish, MI
    Remodeled Restaurant and Bar
    Updated: Jul 14
    Remodeled Restaurant and Bar

    5827 S M-76, Alger, MI 48610

    $249,900
    2,288 sqft 2.40 AC lot
    2,288 SF restaurant and bar with recent interior and equipment updates
    Kitchen includes three‑compartment sinks, deep fryer, freezer, and ice maker
    Liquor license, furniture, fixtures, and pool table included
    Pavilion, stage, and picnic tables support outdoor events and dining
    Epoxy flooring, insulation, evaporative cooling, lighting, and walk‑in cooler compressor improvements
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    Remodeled Bar and Restaurant
    Updated: Jul 16
    Remodeled Bar and Restaurant

    5827 S M 76, Alger, MI 48610

    $249,900
    2,288 sqft 2.45 AC lot
    Established Nordic Spirits & Grill bar and restaurant on 2.45 acres
    Remodeled interior with epoxy flooring, insulation, lighting, and an evaporation cooler system
    Kitchen includes 3‑bay sunk‑in sinks, deep fryer, freezer, ice maker, and more
    Includes pool table, furniture, and fixtures; jukebox and ATM operate on 50/50 profits with no lease fees
    Walk‑in cooler compressor included; includes liquor license with the sale
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alger, 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.

    Turnkey Drive-Through Restaurant Business
    Turnkey Drive-Through Restaurant Business

    2008 Greenwood Road, Prescott, MI 48756

    $199,000
    912 sqft 0.52 AC lot

    Turnkey ice cream and fast-food operation with drive-thru service, including furnishings, equipment, and inventory for continuity.

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    Versatile Retail Space Near Skidway
    Versatile Retail Space Near Skidway

    Prescott, MI 48756

    $150,000
    6,700 sqft 2.03 AC lot

    Spacious retail space with restaurant section and shipping zone.

    View details
    Bowling and Entertainment Center
    Bowling and Entertainment Center

    2357 S M-76, West Branch, MI 48661

    $2,100,000
    17,000 sqft 2.50 AC lot

    Fully operational 16-lane bowling center with bar/lounge, putt-putt golf, arcade, and seating for up to 450 guests.

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    Wendy’s Drive-Through Restaurant
    Wendy’s Drive-Through Restaurant

    2991 Cook Rd, West Branch, MI 48661

    Contact for pricing

    National restaurant brand serving customers from a West Branch, Michigan location.

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    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 Interstate Exit
    Commercial Land Near Interstate Exit

    W M-76, West Branch, MI 48661

    $200,000
    4.24 AC lot

    Commercial parcel with natural gas and municipal water available, plus municipal sewer close by.

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    Highway-Front Retail Land
    Highway-Front Retail Land

    NKA S Huron, Standish, MI 48658

    $400,000
    2.06 AC lot

    2.06-acre parcel fronting northbound M-13/US-23 in Standish, suited for retail development within city limits.

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    Level Commercial Land
    Level Commercial Land

    Saint Helen, MI 48656

    $84,900
    1.05 AC lot

    Level vacant land with commercial zoning and well water.

    View details
    Vacant Corner Commercial Lot
    Vacant Corner Commercial Lot

    100 W Huron, Au Gres, MI 48703

    $129,000
    0.51 AC lot

    Vacant half-acre corner lot along US-23 with utility access for adaptable commercial/town center development.

    View details

    Alger, MI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 4,576 square feet of properties for sale, with an estimated market value of $499,800.

    Sale prices for restaurant properties in Alger, MI average $249,900 — 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

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48610 $249.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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