Restaurants

Bear Lake, MI Restaurants for Sale

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Onekama, MI Arcadia, MI Manistee, MI Kaleva, MI Frankfort, MI Brethren, MI Benzonia, 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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1 active listing matches your search: Restaurant for sale in Bear Lake, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant with Three Bar Areas
Restaurant with Three Bar Areas

111107 111 & 107 W Ludington Ave, Ludington, MI 49431

$1,499,000
11,172 sqft

Restaurant property with a bier garden, live-music area, arcade area, and additional upstairs space.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

2007 N Benson Road, Fountain, MI 49410

$450,000
3,772 sqft 0.47 AC lot

Combines a burger and ice cream shop, grocery and convenience store, outdoor gathering area, and upstairs apartment.

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Mixed-Use Property with Rooftop Patio
Mixed-Use Property with Rooftop Patio

121125 121 & 125 S James St, Ludington, MI 49431

$849,000
8,208 sqft

Restaurant and bar operation combined with three rental apartments, business assets, and a full dry basement.

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Mixed-Use Tavern with Apartment
Mixed-Use Tavern with Apartment

4108 E Main Street, Fountain, MI 49410

$249,900
3,707 sqft 0.27 AC lot

A liquor license and upstairs residential unit are included with the tavern property.

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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 $489K

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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