Restaurants

Allegan, MI Restaurants for Sale

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Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Grand Junction, MI Hamilton, MI
Restaurant and Banquet Property
Updated: Apr 2
Restaurant and Banquet Property

1071 32nd Street, Allegan, MI 49010

$2,900,000
35,880 sqft 22.30 AC lot
35,880‑square‑foot restaurant and banquet property
22.3‑acre Allegan property with a stocked pond and gazebo
The Grill House steakhouse includes an on‑site grilling concept
Adjacent The Silo provides banquet and catering space
Concrete and wood siding construction with a metal roof
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Historic Mixed-Use Brick Building
Updated: Jun 16
Historic Mixed-Use Brick Building

132 Brady Street, Allegan, MI 49010

$350,000
6,941 sqft 0.14 AC lot
6,941 square feet of mixed‑use building area
Built in 1885 with brick construction
0.14‑acre parcel at 132 Brady Street, Allegan, MI 49010
Main level includes a bar and 1‑bedroom apartment
Upper story provides open space for future residential construction
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Historic Downtown Mixed-Use Building
Historic Downtown Mixed-Use Building

132 Brady St, Allegan, MI 49010

$350,000
6,941 sqft

Two-story brick property combining a street-level bar, apartment, and adaptable upper-floor space.

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See hot listings in Allegan

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Historic Restaurant and Banquet Venue
Historic Restaurant and Banquet Venue

1071 32nd St, Allegan, MI 49010

$2,900,000
35,880 sqft 22.30 AC lot

The property combines restaurant, catering, and event uses with extensive outdoor grounds.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 4 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.

Multi-Suite Commercial Storefront
Multi-Suite Commercial Storefront

302 S State Street, Gobles, MI 49055

$400,000
8,960 sqft 1.20 AC lot

Flexible storefront configuration with office areas, multiple bathrooms, central air, and natural gas availability.

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Concert Venue with Restaurant
Concert Venue with Restaurant

117 E Allegan St, Otsego, MI 49078

$1,283,000
7,148 sqft

Two-stage entertainment property with brewery operations, hospitality space, and multiple service locations.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

302 S State St, Gobles, MI 49055

$400,000
8,960 sqft 0.37 AC lot

Flexible commercial layout with office areas, common rooms, and multiple bathrooms.

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Renovated Restaurant with Apartment
Renovated Restaurant with Apartment

113 N Farmer Street, Otsego, MI 49078

$425,000
3,420 sqft

Historic brick-and-stone property with a full commercial kitchen, dine-in seating, takeout capability, and a remodeled upstairs residence.

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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 with Drive-Through Potential
Commercial Land with Drive-Through Potential

919 Marshall Street, Allegan, MI 49010

$450,000
0.57 AC lot

Redevelopment parcel with capacity for a drive-through building and cable availability.

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Commercial Land Near Interchange
Commercial Land Near Interchange

1376 142nd Avenue, Wayland, MI 49348

$695,000
4.07 AC lot

This commercial parcel carries E-Commercial zoning near a US-131 interchange.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

25th Highway, Mattawan, MI 49071

$169,900
1.61 AC lot

Commercial land with electricity available and convenient access to I-94.

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Village Commercial Development Land
Village Commercial Development Land

6719-6745 Stadium Drive, Kalamazoo, MI 49009

$650,000
8.98 AC lot

VC-zoned land with public sewer and nearby water infrastructure.

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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

Estimated value:
$310,000
3,268 sqft 0.83 AC lot
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919 Marshall St
RESTAURANT

919 Marshall St, Allegan, MI 49010-1638

Estimated value:
$290,000
540 sqft 0.57 AC lot
View details
805 Marshall St
DRIVE-THRU RESTAURANT, FAST FOOD

805 Marshall St, Allegan, MI 49010-1650

Estimated value:
$450,000
1,180 sqft 0.54 AC lot
View details
1071 32nd St
RESTAURANT

1071 32nd St, Allegan, MI 49010-9157

Estimated value:
$520,000
18,018 sqft 3.59 AC lot
View details
1245 Lincoln Rd
BAR, TAVERN

1245 Lincoln Rd, Allegan, MI 49010-9706

Estimated value:
$290,000
7,137 sqft 1.42 AC lot
View details
340 Water St
RESTAURANT

340 Water St, Allegan, MI 49010-1308

Estimated value:
$330,000
2,650 sqft 0.13 AC lot
View details
1575 Lincoln Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1575 Lincoln Rd, Allegan, MI 49010-9104

Estimated value:
$275,000
1,710 sqft 0.35 AC lot
View details
815 Marshall St
RESTAURANT

815 Marshall St, Allegan, MI 49010-1650

Estimated value:
$315,000
1,560 sqft 0.65 AC lot
View details
565 Water St
RESTAURANT

565 Water St, Allegan, MI 49010-1310

Estimated value:
$300,000
1,560 sqft 0.17 AC lot
View details
1583 Lincoln Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1583 Lincoln Rd, Allegan, MI 49010-9104

Estimated value:
$295,000
3,168 sqft 0.60 AC lot
View details
1165 Lincoln Rd
RESTAURANT

1165 Lincoln Rd, Allegan, MI 49010-9077

Estimated value:
$355,000
6,712 sqft 0.75 AC lot
View details
1509 Lincoln Rd
DRIVE-THRU RESTAURANT, FAST FOOD

1509 Lincoln Rd, Allegan, MI 49010-8197

Estimated value:
$265,000
3,209 sqft 1.29 AC lot
View details
889 Marshall St
DRIVE-THRU RESTAURANT, FAST FOOD

889 Marshall St, Allegan, MI 49010-1650

Estimated value:
$330,000
4,583 sqft 1.30 AC lot
View details
1299 Lincoln Rd
RESTAURANT

1299 Lincoln Rd, Allegan, MI 49010-8011

Estimated value:
$290,000
786 sqft 0.81 AC lot
View details
1256 Lincoln Rd
RESTAURANT

1256 Lincoln Rd, Allegan, MI 49010-9706

Estimated value:
$290,000
1,116 sqft 0.79 AC lot
View details
1604 Lincoln Rd
RESTAURANT

1604 Lincoln Rd, Allegan, MI 49010-9410

Estimated value:
$300,000
2,024 sqft 0.69 AC lot
View details
243 Hubbard St
RESTAURANT

243 Hubbard St, Allegan, MI 49010-1320

Estimated value:
$130,000
1,774 sqft
View details

Allegan, MI Restaurants Market Trends and Statistics

Explore 21 restaurants for sale in Allegan, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 85,642 square feet of properties for sale, with an estimated market value of $6,500,000.

Sale prices for restaurant properties in Allegan, MI start at $350,000, averaging $1,625,000, 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 2

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 $2.1M

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)

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