Restaurants

Bear Lake, MI Restaurants for Sale

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Arcadia, MI Onekama, MI Manistee, MI Kaleva, MI Frankfort, MI Benzonia, MI Brethren, MI Thompsonville, MI
Highway Bar & Pub with Residence
Updated: Jan 20
Highway Bar & Pub with Residence

9567 Chippewa Highway, Bear Lake, MI 49614

$489,000
3,800 sqft 2.37 AC lot
2.37‑acre property with a 3,800‑square‑foot bar and pub
Seating capacity of 130 with a large patio, fire pit, and outdoor seating
1991 three‑bedroom, two‑bath manufactured home included
Two kitchens, two storage rooms, walk‑in cooler and freezer, and 2 pool tables
Class C liquor license with dance, Sunday sales, early Sunday sales, and outdoor privileges
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Bear Lake, 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.

Established Bar and Restaurant
Established Bar and Restaurant

9289 Walta Street, Kaleva, MI 49645

$599,000
5,159 sqft 1.15 AC lot

Operating hospitality property with licensed bar service, commercial kitchen equipment, pool tables, and outdoor customer space.

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Turn-Key Bar and Pub with Courtyard
Turn-Key Bar and Pub with Courtyard

9289 Walta St, Kaleva, MI 49645

$599,000
5,159 sqft

Established bar and pub with a liquor license, commercial kitchen, entertainment amenities, and dedicated parking across two parcels.

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Established Buckley Roadside Bar For Sale
Established Buckley Roadside Bar For Sale

116 W Wexford Ave, Buckley, MI 49620

$550,000
3,000 sqft 1.66 AC lot

Turn-key bar and restaurant with expansion potential in Buckley, Michigan.

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Bar with Silo Gazebo
Bar with Silo Gazebo

116 W Wexford Avenue, Buckley, MI 49620

$550,000
2,765 sqft 1.66 AC lot

Operating bar property with an equipped kitchen, outdoor gathering space, and parking lot in Buckley.

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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 Hospital
Commercial Land Near Hospital

E Parkdale Avenue, Manistee, MI 49660

$89,000
1.05 AC lot

C-1-zoned parcel with public sewer and cable availability along E Parkdale Avenue.

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Manistee Land For Sale
Manistee Land For Sale

1130 E Parkdale Avenue, Manistee, MI 49660

$170,000
4.37 AC lot

4.37 acre commercial land with high traffic and development potential.

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Level Commercial Land Site
Level Commercial Land Site

Manistee Highway, Manistee, MI 49660

$94,900
0.60 AC lot

Level commercial parcel near Gilroy's Hardware, the SOS and DHS office, Days Inn, and Wendy's.

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Level Commercial Land
Level Commercial Land

Manistee Highway, Manistee, MI 49660

$94,900
0.60 AC lot

Level commercial site with public water and cable availability near established retail and lodging uses.

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Bear Lake, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Bear Lake, MI on our real estate platform. These investment opportunities span a total of 3,800 square feet of properties for sale, with an estimated market value of $489,000.

Sale prices for restaurant properties in Bear Lake, MI average $489,000 — 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 1
Conventional restaurants 1

Demographics Overview

Population 2,903
Population Growth (5Y) +2.8%
Median Household Income $71,389
College Educated 39.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49614 $439.9K

Taxes & Financing

Tax Rate (average for all types) 3.53%
Tax Rate vs County Average 0.28 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

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