Restaurants

Alger, MI Restaurants for Sale

Notify Me
List
Map
West Branch, MI Prescott, MI Sterling, MI Clayton Twp, MI Omer, MI Gladwin, MI Standish, MI Hale, 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
Established restaurant and bar (Nordic Spirits and Grill) on 2.45 acres
Includes pool table, all furniture and fixtures, plus jukebox and ATM on 50/50 profits (no lease fees)
Liquor license included with the listing
Remodel updates include epoxy flooring, insulation, evaporation cooler system, and updated lighting
Kitchen includes 3‑bay sunk‑in sinks, deep fryer, freezer, and ice maker
View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

633 Court Street, West Branch, MI 48661

$570,000
7,038 sqft 2.68 AC lot

Former restaurant with a large kitchen and walk-in refrigeration, supporting food service operations or alternate concepts.

View details
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.

View details
16-Lane Bowling Entertainment Center
16-Lane Bowling Entertainment Center

2357 S M-76, West Branch, MI 48661

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

Fully operational entertainment center with bar lounge, arcade, and an 18-hole putt-putt course for leagues and events.

View details
Retail Space with Restaurant Area
Retail Space with Restaurant Area

Prescott, MI 48756

$75,000

Versatile retail building with an integrated restaurant section and a dedicated shipping and receiving door.

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 with Utilities Available
Commercial Land with Utilities Available

W M-76, West Branch, MI 48661

$200,000
4.24 AC lot

Commercially zoned land with natural gas and municipal water, with sewer nearby, suited for hospitality or office development.

View details
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.

View details
Commercial Lot in Richfield Township
Commercial Lot in Richfield Township

Saint Helen, MI 48656

$84,900
1.05 AC lot

Over one acre commercial lot near St. Helen Trailhead.

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 1 restaurants for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 2,288 square feet of properties for sale, with an estimated market value of $249,900.

Sale prices for restaurant properties in Alger, MI start at $249,900, averaging $249,900, and reaching up to $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.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

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

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings