Advertise
    Brutus, MI
    Restaurants

    Brutus, MI Restaurants for Sale

    Notify Me
    List
    Map
    Alanson, MI Pellston, MI Harbor Springs, MI Petoskey, MI Conway, MI Indian River, MI Topinabee, MI Cheboygan, MI
    Restaurant Property and Business Opportunity
    Updated: Mar 30
    Restaurant Property and Business Opportunity

    3459 S US Highway 31, Brutus, MI 49716

    $1,050,000
    8,400 sqft 4.00 AC lot
    Approximately 4‑acre restaurant property with a 5,700+ SF, two‑level building and large on‑site parking area
    Excellent frontage along one of Northern Michigan’s busiest highway corridors
    Sale includes real estate plus restaurant business assets, including a Class C Resort Liquor License
    Includes kitchen equipment, restaurant furniture, point‑of‑sale system, phone system, back‑office equipment, and restaurant technology/beer system equipment
    Historical gross revenue under Rusty Saw North: approx. $1.07M (2024) and $1.15M (2023)
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    3459 S US Highway 31, Brutus, MI 49716

    View Property Analytics

    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Mortgage

      $10K
      Apr 2017

    • Last Sold

      Feb 2014
      $200K
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Brutus, 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.

    Seasonal Restaurant with Outdoor Seating
    Seasonal Restaurant with Outdoor Seating

    1499 S Straits Highway, Indian River, MI 49749

    $199,900
    750 sqft

    Established seasonal operation with a dining area, walk-up counter, equipped kitchen, restroom, and customer parking.

    View details
    Waterfront Land with Dock
    Waterfront Land with Dock

    6229 East Street, Alanson, MI 49706

    $385,000
    1,568 sqft 0.40 AC lot

    B-1-zoned waterfront site with a dock and an existing restaurant setup in downtown Alanson.

    View details
    Seasonal Restaurant with Outdoor Seating
    Seasonal Restaurant with Outdoor Seating

    1499 Straits Highway, Indian River, MI 49749

    $199,900
    750 sqft

    Established seasonal restaurant with a customer dining area, walk-up counter, equipped kitchen, restroom, and paved parking.

    View details
    Restaurant With Upstairs Living Quarters
    Restaurant With Upstairs Living Quarters

    7515 S US 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped operation with bar, dining room, party space, basement storage, and an included Resort Liquor License.

    View details

    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 Boat Launch
    Commercial Land Near Boat Launch

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial-zoned land with sewer, natural gas, and electric available, directly across from the Forks Public Boat Launch.

    View details
    Commercial Land with Security Lease
    Commercial Land with Security Lease

    1518 & 1520 Bridge Street, Charlevoix, MI 49720

    $795,000
    2,900 sqft 1.50 AC lot

    Multiple parcels total 1.5 acres with frontage on three roads, currently leased to a security company.

    View details
    Vacant Commercial Buildable Parcel
    Vacant Commercial Buildable Parcel

    11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

    $175,000
    1.93 AC lot

    Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

    View details
    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

    View details

    Brutus, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Brutus, MI on our real estate platform. These investment opportunities span a total of 8,400 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for restaurant properties in Brutus, MI average $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 1,039
    Population Growth (5Y) +10.3%
    Median Household Income $82,438
    College Educated 47.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49716 $1.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Brutus, MI

    Popular Searches in Brutus, MI

    Popular Categories

    Most Searched ZIP Codes in Brutus, MI

    • 49716

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!