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    Bessemer, MI Restaurants for Sale

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    Bar and Three-Bedroom Living Quarters
    Updated: Apr 3
    Bar and Three-Bedroom Living Quarters

    208 S Sophie Street, Bessemer, MI 49911

    $149,900
    3,966 sqft 0.07 AC lot
    3,966 SF commercial building with 0.07‑acre lot
    Bar area includes a bar over 20' long, back bar with coolers and ice machine
    Three‑bedroom living quarters upstairs with stack washer & dryer
    Forced air heating plus ceiling fan(s) and central air
    Rubber roof and public water service
    View details
    Casual Dining Restaurant Building
    Updated: Mar 30
    Casual Dining Restaurant Building

    113 S Massie Street, Bessemer, MI 49911

    $114,900
    3,600 sqft 0.30 AC lot
    3,600+ SF commercial building in Bessemer, MI just off US Hwy 2
    New roof installed in 2025
    Central air conditioning plus forced‑air heating
    3‑phase power and public water source
    On‑site parking available
    View details
    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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Bessemer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Restaurant with Living Quarters
    Restaurant with Living Quarters

    6622 HWY 2 W, Hurley, WI 54534

    $524,900
    1.05 AC lot

    Established restaurant property includes a fully equipped kitchen, bar, dining room, and on-site residential space.

    View details
    Turnkey Restaurant with Four-Bedroom Quarters
    Turnkey Restaurant with Four-Bedroom Quarters

    6622 W US 2 Highway, Hurley, WI 54534

    $524,900
    3,875 sqft 1.05 AC lot

    Restaurant with front covered porch, handicap access, and on-site living quarters with four bedrooms and two full baths.

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    Restaurant With Wraparound Bar
    Restaurant With Wraparound Bar

    156 CLOVERLAND DR, Ironwood, MI 49938

    Contact for pricing
    6,371 sqft

    Restaurant property featuring open dining, a large kitchen, walk-in coolers, and dedicated office space.

    View details
    Bar and Pub with Patio
    Bar and Pub with Patio

    N11582 Black River Road, Ironwood, MI 49938

    $204,900
    1,952 sqft 1.95 AC lot

    Operating hospitality property with a substantial bar area, dining space, outdoor patio, and wheelchair-accessible entry.

    View details

    Off-Market Properties in Bessemer, MI

    Consider similar Off-Market properties in Bessemer, 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.

    105 Mary St
    RESTAURANT

    105 Mary St, Bessemer, MI 49911-1425

    $285,000
    Estimated value
    5,304 sqft 0.09 AC lot
    View details
    208 Sophie St
    RESTAURANT

    208 Sophie St, Bessemer, MI 49911-1436

    $165,000
    Estimated value
    3,966 sqft 0.07 AC lot
    View details
    11586th Black Riv Rd
    RESTAURANT

    11586th Black Riv Rd, Bessemer, MI 49911-9734

    $305,000
    Estimated value
    2,284 sqft 2.01 AC lot
    View details
    201 Lead St
    DRIVE-THRU RESTAURANT, FAST FOOD

    201 Lead St, Bessemer, MI 49911-1407

    $290,000
    Estimated value
    2,592 sqft 0.51 AC lot
    View details
    807 Eli Ave
    BAR, TAVERN

    807 Eli Ave, Bessemer, MI 49911-1810

    $210,000
    Estimated value
    944 sqft 0.30 AC lot
    View details
    105 Sophie St
    DRIVE-THRU RESTAURANT, FAST FOOD

    105 Sophie St, Bessemer, MI 49911-1150

    $285,000
    Estimated value
    2,688 sqft 0.19 AC lot
    View details

    Bessemer, MI Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in Bessemer, MI on our real estate platform. These investment opportunities span a total of 7,566 square feet of properties for sale, with an estimated market value of $264,800.

    Sale prices for restaurant properties in Bessemer, MI start at $114,900, averaging $132,400, and reaching up to $149,900 — 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
    Conventional restaurants 1

    Demographics Overview

    Population 2,843
    Population Growth (5Y) +3.4%
    Median Household Income $51,326
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49911 $161.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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