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    Allegan, MI
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    Allegan, MI Restaurants for Sale

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    Otsego, MI Hopkins, MI Bloomingdale, MI
    Iconic Restaurant and Banquet Venue
    $2,900,000
    35,880 SF
    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

    Turnkey restaurant and banquet venue on 22.3 acres.
    • Turnkey restaurant and banquet hall business opportunity with established reputation.
    • Unique "grill your own" steakhouse concept (The Grill House).
    • Elegant banquet and catering space (The Silo) suitable for weddings and events.
    • 22.3 acres of land with stocked pond, gazebo, and abundant wildlife.
    • Historic building with modern amenities.
    Updated: Apr 2
    View details
    High-Traffic Retail Location
    Contact for pricing
    3,209 SF
    High-Traffic Retail Location

    1509 Lincoln Rd, Allegan, MI 49010

    Wendy’s restaurant on main thoroughfare with limited competition.
    • Absolute NNN Property with Zero Landlord Responsibilities
    • Located on Main Retail Corridor in Close Proximity to Several Major Retailers
    • Highly‑Trafficked Location Located on the Main Thoroughfare Through Town
    • Limited Competition – One of Only Four Drive‑Thru Restaurants within a 10‑Mile Radius
    • Affluent Area with the Average Household Income Exceeding $84,000 within 5 Miles
    Updated: Apr 3
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 2 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 and Concert Venue
    $1,283,000
    7,148 SF
    Turnkey Restaurant and Concert Venue

    Turnkey restaurant and concert venue with brewery and liquor license.

    117 E Allegan Street, Otsego, MI 49078

    View details
    Turnkey Restaurant in Historic Building
    $498,000
    3,420 SF
    Turnkey Restaurant in Historic Building

    Fully equipped restaurant with apartment in renovated historic building.

    113 N Farmer Street, Otsego, MI 49078

    View details
    Versatile Commercial Space Available
    $400,000
    7,580 SF
    Versatile Commercial Space Available

    7500+ sq ft commercial space suitable for various businesses.

    111A W Main Street, Hopkins, MI 49328

    View details
    Spacious Commercial Building on Main
    $350,000
    7,580 SF
    Spacious Commercial Building on Main

    7500+ sq ft commercial space ready for your business.

    111 W Main Street, Hopkins, MI 49328

    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.

    Redevelopment Property Ready For Lease
    $450,000
    Redevelopment Property Ready For Lease

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

    919 Marshall St, Allegan, MI 49010

    View details
    Redevelopment Opportunity in Allegan, MI
    $450,000
    0.57 Acres
    Redevelopment Opportunity in Allegan, MI

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

    919 Marshall Street, Allegan, MI 49010

    View details
    Commercial Land in Growing Community
    Contact for pricing
    0.11 Acres
    Commercial Land in Growing Community

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

    104 Ida Street, Allegan, MI 49010

    View details
    Highway Exit Commercial Land
    $300,000
    2.75 Acres
    Highway Exit Commercial Land

    Prime land with high visibility near resort community.

    Blue Star Highway lot: 2, Saugatuck, MI 49453

    View details

    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
    3,268 SF Lot: 0.83 Acres
    Value Estimation by Request

    1520 Lincoln Rd, Allegan, MI 49010-8197

    View details
    919 Marshall St
    RESTAURANT
    540 SF Lot: 0.57 Acres

    919 Marshall St, Allegan, MI 49010-1638

    View details
    805 Marshall St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,180 SF Lot: 0.54 Acres
    Value Estimation by Request

    805 Marshall St, Allegan, MI 49010-1650

    View details
    1071 32nd St
    RESTAURANT
    18,018 SF Lot: 3.59 Acres
    Estimated value
    $1,400,000

    1071 32nd St, Allegan, MI 49010-9157

    View details
    1245 Lincoln Rd
    BAR, TAVERN
    7,137 SF Lot: 1.42 Acres
    Estimated value
    $500,000

    1245 Lincoln Rd, Allegan, MI 49010-9706

    View details
    340 Water St
    RESTAURANT
    2,650 SF Lot: 0.13 Acres
    Value Estimation by Request

    340 Water St, Allegan, MI 49010-1308

    View details
    1575 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,710 SF Lot: 0.35 Acres
    Value Estimation by Request

    1575 Lincoln Rd, Allegan, MI 49010-9104

    View details
    815 Marshall St
    RESTAURANT
    1,560 SF Lot: 0.65 Acres
    Value Estimation by Request

    815 Marshall St, Allegan, MI 49010-1650

    View details
    565 Water St
    RESTAURANT
    1,560 SF Lot: 0.17 Acres
    Value Estimation by Request

    565 Water St, Allegan, MI 49010-1310

    View details
    1583 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,168 SF Lot: 0.60 Acres
    Value Estimation by Request

    1583 Lincoln Rd, Allegan, MI 49010-9104

    View details
    1165 Lincoln Rd
    RESTAURANT
    6,712 SF Lot: 0.75 Acres
    Value Estimation by Request

    1165 Lincoln Rd, Allegan, MI 49010-9077

    View details
    1509 Lincoln Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,209 SF Lot: 1.29 Acres
    Value Estimation by Request

    1509 Lincoln Rd, Allegan, MI 49010-8197

    View details
    889 Marshall St
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,583 SF Lot: 1.30 Acres
    Estimated value
    $675,000

    889 Marshall St, Allegan, MI 49010-1650

    View details
    1299 Lincoln Rd
    RESTAURANT
    786 SF Lot: 0.81 Acres
    Value Estimation by Request

    1299 Lincoln Rd, Allegan, MI 49010-8011

    View details
    1256 Lincoln Rd
    RESTAURANT
    1,116 SF Lot: 0.79 Acres
    Value Estimation by Request

    1256 Lincoln Rd, Allegan, MI 49010-9706

    View details
    1604 Lincoln Rd
    RESTAURANT
    2,024 SF Lot: 0.69 Acres
    Value Estimation by Request

    1604 Lincoln Rd, Allegan, MI 49010-9410

    View details
    243 Hubbard St
    RESTAURANT
    1,774 SF
    Value Estimation by Request

    243 Hubbard St, Allegan, MI 49010-1320

    View details

    Allegan, MI Restaurants Investment Opportunities Market Analysis

    Explore 19 restaurants for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 35,880 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for restaurant properties in Allegan, MI start at $2,900,000, averaging $2,900,000, 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

    Drive through 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 $2.9M

    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

    Retail

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