Restaurants

Cadillac, MI Restaurants for Sale

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Restaurant Property with Event Center
Updated: Jan 28, 2025
Restaurant Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$575,000
6,850 sqft 2.25 AC lot
2.25‑acre parcel with three separate commercial buildings
2,880‑square‑foot renovated greenhouse event center
Main building measures close to 4,000 square feet
30' x 40' pole building provides dedicated storage
Two access points plus back‑street access; visible from Mitchell Street
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Restaurant Property with Event Center
Updated: Jan 28, 2025
Restaurant Property with Event Center

916 S Mitchell Street, Cadillac, MI 49601

$575,000
6,850 sqft 2.25 AC lot
Three‑building property on 2.25 acres
Approximately 4,000‑square‑foot main restaurant building
2,880‑square‑foot renovated greenhouse event center
30‑by‑40‑foot pole building for storage
Two Mitchell Street access points plus back‑street access
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Turnkey Bakery Business
Turnkey Bakery Business

9052 E 13th Street, Cadillac, MI 49601

$49,900
990 sqft 0.10 AC lot

Turnkey bakery business offered for sale with drive-thru window at a busy roundabout corner.

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

916 S Mitchell St, Cadillac, MI 49601

$595,000
4,000 sqft 2.25 AC lot

Three buildings on 2.25 acres with event center and deli.

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Turnkey Full-Service Restaurant
Turnkey Full-Service Restaurant

119 S Mitchell Street, Cadillac, MI 49601

$845,000
9,300 sqft 0.12 AC lot

Fully operating restaurant with 2018 renovation, including full kitchen and bar buildout and a sprinkler system.

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Waterfront Restaurant Property
Waterfront Restaurant Property

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Existing restaurant improvements include indoor seating, a seasonal deck, and a lakefront setting.

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Waterfront Restaurant Property
Waterfront Restaurant Property

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Operating restaurant with outdoor deck seating, paved parking, and waterfront views.

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Conventional Restaurant with Existing Kitchen
Conventional Restaurant with Existing Kitchen

621 S Mitchell St, Cadillac, MI 49601

Contact for pricing
6,151 sqft

Multiple dining areas, commercial refrigeration, and a vent hood remain in place.

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Turnkey Bakery with Drive-Through
Turnkey Bakery with Drive-Through

E 9052 E 13th Street Unit SourceFi, Cadillac, MI 49601

$49,900
990 sqft

Turnkey bakery business offer including a drive-through window at a southeast corner retail location in Cadillac.

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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 St, Cadillac, MI 49601

Contact for pricing
9,300 sqft

Fully renovated restaurant business opportunity in Cadillac, Michigan.

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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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Turn-Key Cafe & Cocktail Bar Business
Turn-Key Cafe & Cocktail Bar Business

115 N Mitchell St, Cadillac, MI 49601

$199,000

Turn-key roasted cafe, cocktail and coffee bar opportunity includes equipment, furnishings, fixtures, and DDA class C liquor license.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 13 Active listings in Cadillac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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 with Lake Views and Patio
Restaurant with Lake Views and Patio

113 S Main Street, Lake City, MI 49651

$499,900
2,461 sqft 0.30 AC lot

Fully equipped restaurant and bar with a commercial kitchen, outdoor patio, furnishings, and lake-oriented dining.

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Established Buckley Roadside Bar For Sale
Established Buckley Roadside Bar For Sale

116 W Wexford Ave, Buckley, MI 49620

$550,000
3,000 sqft 1.66 AC lot

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

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Downtown Bar With Lake Views
Downtown Bar With Lake Views

117 S Main Street, Lake City, MI 49651

$475,000
2,300 sqft 0.05 AC lot

Brick-built bar with a dedicated outdoor patio and on-site parking lot.

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Roadside Bar with Silo Gazebo Bar
Roadside Bar with Silo Gazebo Bar

116 W Wexford Avenue, Buckley, MI 49620

$550,000
2,765 sqft 1.66 AC lot

Converted to natural gas and includes covered silo gazebo bar with seating for 120.

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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.

Corner Commercial Land
Corner Commercial Land

Parcel A Plett Road, Cadillac, MI 49601

$85,000
0.70 AC lot

Cleared, level commercial parcel along Plett Road with flexibility to remain standalone or combine with adjacent parcels.

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Cleared Commercial Land
Cleared Commercial Land

900 S Mitchell St., Cadillac, MI 49601

$249,000
1.12 AC lot

Level development site with B-3 General Business zoning and access from two streets.

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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 54,703 square feet of properties for sale, with an estimated market value of $4,786,800.

Sale prices for restaurant properties in Cadillac, MI start at $49,900, averaging $478,680, 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 13
Coffee shops 3
Commercial kitchens 2
Bars & Pubs 1
Drive through restaurants 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 $478.7K

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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