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    Cadillac, MI Restaurants for Sale

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    Convenience Store and Restaurant
    Updated: Sep 12, 2025
    Convenience Store and Restaurant

    2020 E 24 Road, Cadillac, MI 49601

    $350,000
    3,300 sqft 0.43 AC lot
    Established convenience store with food operation and recent upgrades including new ovens, refrigeration units, and new flooring
    Completely renovated 4‑bedroom apartment above the store with all‑new windows, flooring, brand‑new kitchen, and fully updated bathroom
    Liquor license transfers at closing
    Exterior features include vinyl siding; building constructed with frame materials
    Roof includes asphalt and metal; water source is private
    View details
    Cadillac Commercial Property with Event Center
    Updated: Jan 28, 2025
    Cadillac Commercial Property with Event Center

    916 S Mitchell Street, Cadillac, MI 49601

    $595,000
    6,850 sqft 2.25 AC lot
    Turnkey business opportunity: Includes existing deli, BBQ, and event center with equipment, furniture, and fixtures.
    Unique 2880 sq ft renovated Greenhouse event center featuring new roof panels, stamped concrete floor, and radiant heaters.
    Large 2.25‑acre parcel with three buildings, including a 4,000 sq ft main building and a 30' x 40' pole building, offering room for expansion.
    Prime location on the south end of Downtown Cadillac with high visibility from Mitchell Street and multiple access points.
    Includes walk‑in freezer and walk‑in cooler.
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    Multi-Building Restaurant and Event Property
    Multi-Building Restaurant and Event Property

    916 S Mitchell Street, Cadillac, MI 49601

    $595,000
    6,850 sqft 2.25 AC lot

    Three-building property includes a restaurant kitchen with seating and a renovated greenhouse event center plus storage pole building.

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    Cadillac Commercial Property with Event Center
    Cadillac Commercial Property with Event Center

    916 S Mitchell Street, Cadillac, MI 49601

    $595,000
    4,000 sqft 2.25 AC lot

    Three buildings on 2.25 acres with event center.

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    Operating Restaurant Business For Sale
    Operating Restaurant Business For Sale

    119 S Mitchell Street, Cadillac, MI 49601

    $845,000
    9,300 sqft 0.12 AC lot

    Fully renovated restaurant in Cadillac, MI, ready for new ownership.

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    Turn-Key Waterfront Restaurant
    Turn-Key Waterfront Restaurant

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Turn-key restaurant with interior seating and a seasonally used waterfront deck for 60.

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    Turn-Key Waterfront Restaurant
    Turn-Key Waterfront Restaurant

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    A high-traffic Cadillac restaurant with waterfront water views, including interior seating and seasonal deck dining.

    View details
    Bakery Business with Drive-Thru
    Bakery Business with Drive-Thru

    A-1190 Plett Road, Cadillac, MI 49601

    $49,900
    990 sqft

    Turnkey bakery business at a busy roundabout with a convenient drive-thru window, serving daily baked goods for immediate purchase.

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    Iconic General Store with Renovated Apartment
    Iconic General Store with Renovated Apartment

    2020 E 24 Rd, Cadillac, MI 49601

    $350,000
    0.43 AC lot

    Established convenience store and restaurant with a renovated 4-bedroom apartment.

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    Operating Restaurant Business For Sale
    Operating Restaurant Business For Sale

    119 S Mitchell Street, Cadillac, MI 49601

    $845,000
    9,300 sqft 0.12 AC lot

    Fully renovated restaurant business opportunity in Cadillac, Michigan.

    View details
    Turnkey Drive-Thru Bakery Business
    Turnkey Drive-Thru Bakery Business

    Cadillac, MI 49601

    $49,900

    Well-established bakery business with drive-thru window service and daily baked goods for immediate purchase.

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    Commercial Development Site Near Retail
    Commercial Development Site Near Retail

    8998 E 34 Road |, Cadillac, MI 49601

    Contact for pricing

    Development site near major retailers with permitted commercial uses.

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    Waterfront Restaurant Opportunity
    Waterfront Restaurant Opportunity

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Turnkey restaurant with waterfront views and seating in Cadillac, MI.

    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 Active listings in Cadillac, 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.

    Restaurant and Bar with Patio
    Restaurant and Bar with Patio

    117 S Main Street, Lake City, MI 49651

    $475,000
    2,300 sqft 0.05 AC lot

    For sale bar and restaurant with patio space overlooking Lake Missaukee in downtown Lake City.

    View details
    Roadside Bar and Production Kitchen
    Roadside Bar and Production Kitchen

    116 W Wexford Avenue, Buckley, MI 49620

    $550,000
    2,765 sqft 1.66 AC lot

    Roadside bar with a full-service outdoor silo gazebo bar and an equipped production kitchen with pizza oven.

    View details
    Established Buckley Roadside Bar Business
    Established Buckley Roadside Bar Business

    116 W Wexford Ave, Buckley, MI 49620

    $550,000
    2,765 sqft

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

    View details
    Historic Saloon with Patio
    Historic Saloon with Patio

    Lake City, MI 49651

    $475,000
    2,300 sqft

    Bar space and patio total approximately 2,300 square feet each, with views overlooking Lake Missaukee.

    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.

    Cleared Corner Development Lot
    Cleared Corner Development Lot

    Parcel A Plett Road, Cadillac, MI 49601

    $85,000
    0.70 AC lot

    Cleared, level corner parcel on a high-traffic road, ready for development or combination with adjacent parcels.

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    Prime Cadillac Development Parcel
    Prime Cadillac Development Parcel

    900 S Mitchell St., Cadillac, MI 49601

    $249,000
    1.12 AC lot

    One-acre commercial land parcel in Cadillac's south end.

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    Commercial Corner Development Land
    Commercial Corner Development Land

    Mitten Drive, Traverse City, MI 49686

    $1,150,000
    1.74 AC lot

    Development land with ingress/egress from two roads and exposure near Cherry Capital Airport and Costco.

    View details
    Retail Building Site in Traverse
    Retail Building Site in Traverse

    Traverse City, MI 49684

    $790,000
    1.18 AC lot

    1.18 acre retail building site in major shopping destination.

    View details

    Cadillac, MI Restaurants Market Trends and Statistics

    Explore 13 restaurants for sale in Cadillac, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 55,998 square feet of properties for sale, with an estimated market value of $6,196,900.

    Sale prices for restaurant properties in Cadillac, MI start at $49,900, averaging $619,690, and reaching up to $845,000 — 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

    Conventional restaurants 11
    Coffee shops 3
    Commercial kitchens 2
    Drive through restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.8%
    Median Household Income $65,704
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49601 $699.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wexford County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Cadillac fall within the 10,000 to 25,000 square foot range.

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