Bear Lake, MI
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    Bear Lake, MI Restaurants for Sale

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    Onekama, MI Arcadia, MI Manistee, MI
    Established Bar/Restaurant with Home
    $439,900
    3,800 SF
    Established Bar/Restaurant with Home

    9567 Chippewa Highway, Bear Lake, MI 49614

    Turn-key bar and restaurant with a home on 2.37 acres.
    • Established bar/restaurant business operating since the 1950s with a strong reputation and loyal customer base.
    • Includes valuable Class C liquor license with Dance, Sunday Sales (and early sun), and Outdoor privileges.
    • Turn‑key operation with a seating capacity of 130 plus a large patio with fire pit and seating, ready for immediate operation.
    • Features a 1991 3‑bedroom, 2‑bath manufactured home on the property, recently remodeled with a metal roof and deck.
    • High visibility location on a major highway (US‑31) with significant traffic count, close to popular destinations.
    Updated: Jan 20
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    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.

    Waterfront Motel, Marina, and Restaurant
    $985,000
    9,000 SF
    Waterfront Motel, Marina, and Restaurant

    Commercial property with motel, marina, and restaurant on Manistee Lake.

    215 & 217 Arthur St, Manistee, MI 49660

    View details
    Beulah Restaurant/Retail Opportunity
    $405,000
    2,292 SF
    Beulah Restaurant/Retail Opportunity

    Prime commercial building in the heart of Beulah, Michigan.

    245 S Benzie Boulevard, Beulah, MI 49617

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    Prime Commercial Land in Beulah
    $175,000
    33,000 SF
    Prime Commercial Land in Beulah

    High-traffic commercial land near Crystal Lake and downtown Beulah.

    415 Michigan Avenue, Beulah, MI 49617

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    Equipped Restaurant Space in Manistee
    $219,000
    2,191 SF
    Equipped Restaurant Space in Manistee

    Turnkey restaurant space with equipment in a busy neighborhood.

    719 Kosciusko Street, Manistee, MI 49660

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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.

    Manistee Commercial Land For Sale
    $89,000
    1.05 Acres
    Manistee Commercial Land For Sale

    One-acre commercial land parcel near West Shore Hospital.

    E Parkdale Avenue, Manistee, MI 49660

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    Manistee Land For Sale
    $170,000
    4.37 Acres
    Manistee Land For Sale

    4.37 acre commercial land with high traffic and development potential.

    1130 E Parkdale Avenue, Manistee, MI 49660

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    Development Land Near West Shore
    $170,000
    Development Land Near West Shore

    Commercial land with high traffic and development potential.

    1130 E Parkdale Avenue, Manistee, MI 49660

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    Commercial Lot in Prime Location
    $94,900
    0.60 Acres
    Commercial Lot in Prime Location

    Commercial lot with high traffic and visibility on the highway.

    Manistee Highway, Manistee, MI 49660

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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 $439,900.

    Sale prices for restaurant properties in Bear Lake, MI start at $439,900, averaging $439,900, and reaching up to $439,900 — 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

    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)

    Average Property Price per SF

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

    Retail

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