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    Allegan, MI
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    Allegan, MI Restaurants for Sale

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    Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Hamilton, MI Fennville, MI
    Iconic Restaurant and Banquet Venue
    Updated: Apr 2
    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot
    Historic property built in 1836 featuring a restaurant (The Grill House) plus an adjacent banquet and catering space (The Silo)
    22.3 acres of grounds with a stocked pond and gazebo
    Construction materials include concrete and wood siding; roof is metal
    Heating is forced air and cooling is central air
    Water source is a well and sewer is a septic tank
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    Historic Downtown Bar and Apartment Building
    Updated: Jun 16
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot
    1885 brick, 2‑story building with 6,941+ SF of versatile space
    Main level includes the Sherwoods Cove bar and an occupied 1‑bedroom apartment with a long‑term tenant
    Expansive second story offers a blank canvas for additional upper‑level residential units
    Located directly across from Mahan City Park with views of the Kalamazoo River
    Forced‑air heating with central air conditioning
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    Historic Two-Story Brick Bar Building
    Historic Two-Story Brick Bar Building

    132 Brady St, Allegan, MI 49010

    $350,000
    6,941 sqft

    Two-story brick building with a downstairs bar, occupied apartment, and second-floor space across from Mahan City Park.

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    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 28 Potential Opportunities for your consideration. Besides 3 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, 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 Restaurant in Historic Building
    Turnkey Restaurant in Historic Building

    113 N Farmer Street, Otsego, MI 49078

    $498,000
    3,420 sqft

    Turnkey restaurant for sale with seating for 65–70 and a full kitchen in a newly renovated historic storefront.

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    Turnkey Bar with Event Room
    Turnkey Bar with Event Room

    105 N Van Buren Street, Bloomingdale, MI 49026

    $150,000
    2,720 sqft 0.08 AC lot

    Established bar sale includes equipment, furnishings, and a Class C liquor license with space for seating and events.

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    Established Bar in Central Bloomingdale
    Established Bar in Central Bloomingdale

    105 N Van Buren Street, Bloomingdale, MI 49026

    $150,000
    2,720 sqft 0.08 AC lot

    Turnkey bar with Class C liquor license in high-traffic area.

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    Concert Venue with Brewery Operations
    Concert Venue with Brewery Operations

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000

    Turn-key concert venue with two stages, indoor seating for 200+, outdoor space for 1,200, and brewery/restaurant operations.

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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.

    Redevelopment Property Ready For Lease
    Redevelopment Property Ready For Lease

    919 Marshall St, Allegan, MI 49010

    $450,000

    Prime commercial land available for sale, lease, or build-to-suit.

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    Redevelopment Opportunity in Allegan, MI
    Redevelopment Opportunity in Allegan, MI

    919 Marshall Street, Allegan, MI 49010

    $450,000
    0.57 AC lot

    Prime commercial land available for sale, lease, or build-to-suit.

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    Commercial Land in Growing Community
    Commercial Land in Growing Community

    104 Ida Street, Allegan, MI 49010

    Contact for pricing
    0.11 AC lot

    High-visibility lot near shopping, dining, and entertainment.

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    Established Diner with Pole Barn
    Established Diner with Pole Barn

    938 Doster Road, Plainwell, MI 49080

    $399,900
    3,450 sqft 3.06 AC lot

    Well-established diner with pole barn on 3 acres.

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    Off-Market Properties in Allegan, MI

    Consider similar Off-Market properties in Allegan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1520 Lincoln Rd
    RESTAURANT

    1520 Lincoln Rd, Allegan, MI 49010-8197

    Value Estimation by Request
    3,268 sqft 0.83 AC lot
    View details
    919 Marshall St
    RESTAURANT

    919 Marshall St, Allegan, MI 49010-1638

    Value Estimation by Request
    540 sqft 0.57 AC lot
    View details
    805 Marshall St
    DRIVE-THRU RESTAURANT, FAST FOOD

    805 Marshall St, Allegan, MI 49010-1650

    Value Estimation by Request
    1,180 sqft 0.54 AC lot
    View details
    1071 32nd St
    RESTAURANT

    1071 32nd St, Allegan, MI 49010-9157

    $1,400,000
    Estimated value
    18,018 sqft 3.59 AC lot
    View details
    1245 Lincoln Rd
    BAR, TAVERN

    1245 Lincoln Rd, Allegan, MI 49010-9706

    $500,000
    Estimated value
    7,137 sqft 1.42 AC lot
    View details
    340 Water St
    RESTAURANT

    340 Water St, Allegan, MI 49010-1308

    Value Estimation by Request
    2,650 sqft 0.13 AC lot
    View details
    1575 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1575 Lincoln Rd, Allegan, MI 49010-9104

    Value Estimation by Request
    1,710 sqft 0.35 AC lot
    View details
    815 Marshall St
    RESTAURANT

    815 Marshall St, Allegan, MI 49010-1650

    Value Estimation by Request
    1,560 sqft 0.65 AC lot
    View details
    565 Water St
    RESTAURANT

    565 Water St, Allegan, MI 49010-1310

    Value Estimation by Request
    1,560 sqft 0.17 AC lot
    View details
    1583 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1583 Lincoln Rd, Allegan, MI 49010-9104

    Value Estimation by Request
    3,168 sqft 0.60 AC lot
    View details
    1165 Lincoln Rd
    RESTAURANT

    1165 Lincoln Rd, Allegan, MI 49010-9077

    Value Estimation by Request
    6,712 sqft 0.75 AC lot
    View details
    1509 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1509 Lincoln Rd, Allegan, MI 49010-8197

    Value Estimation by Request
    3,209 sqft 1.29 AC lot
    View details
    889 Marshall St
    DRIVE-THRU RESTAURANT, FAST FOOD

    889 Marshall St, Allegan, MI 49010-1650

    $675,000
    Estimated value
    4,583 sqft 1.30 AC lot
    View details
    1299 Lincoln Rd
    RESTAURANT

    1299 Lincoln Rd, Allegan, MI 49010-8011

    Value Estimation by Request
    786 sqft 0.81 AC lot
    View details
    1256 Lincoln Rd
    RESTAURANT

    1256 Lincoln Rd, Allegan, MI 49010-9706

    Value Estimation by Request
    1,116 sqft 0.79 AC lot
    View details
    1604 Lincoln Rd
    RESTAURANT

    1604 Lincoln Rd, Allegan, MI 49010-9410

    Value Estimation by Request
    2,024 sqft 0.69 AC lot
    View details
    243 Hubbard St
    RESTAURANT

    243 Hubbard St, Allegan, MI 49010-1320

    Value Estimation by Request
    1,774 sqft
    View details

    Allegan, MI Restaurants Market Trends and Statistics

    Explore 20 restaurants for sale in Allegan, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 49,762 square feet of properties for sale, with an estimated market value of $3,600,000.

    Sale prices for restaurant properties in Allegan, MI start at $350,000, averaging $1,200,000, and reaching up to $2,900,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.5%
    Median Household Income $72,361
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49010 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 3.99%
    Property Tax per SF $66.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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