Carp Lake, MI
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    Carp Lake, MI Restaurants for Sale

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    Mackinaw City, MI Levering, MI Saint Ignace, MI
    Waterfront Restaurant & Ice Cream Parlor
    $599,000
    5,193 SF

    Waterfront Restaurant & Ice Cream Parlor

    6492 Paradise Trail, Carp Lake, MI 49718

    Established restaurant and ice cream parlor in Carp Lake, Michigan.

    • Prime waterfront location with breathtaking views.
    • Well‑established restaurant with a strong, loyal customer base.
    • Owner financing available.
    • Turn‑key business with a fully staffed team.
    • Charming ice cream parlor adds appeal.
    Updated: Mar 11
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    Waterfront Restaurant & Ice Cream Parlor
    $599,000
    5,193 SF

    Waterfront Restaurant & Ice Cream Parlor

    6492 Paradise Trail, Carp Lake, MI 49718

    Established restaurant and ice cream parlor in Carp Lake, Michigan.

    • Prime waterfront location with breathtaking views in Carp Lake, MI
    • Well‑established and thriving restaurant with a strong, loyal customer base
    • Includes a charming ice cream parlor, adding to its appeal
    • Turn‑key business with a fully staffed team in place for a smooth transition
    • Owner financing is available to the right buyer
    Updated: Feb 12, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Carp 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.

    Mackinaw City Commercial Opportunity
    $350,000
    1,600 SF

    Mackinaw City Commercial Opportunity

    Prime commercial property in Mackinaw City's vibrant tourist corridor.

    117 W Jamet, Mackinaw City, MI 49701
    View details
    Former Armory Building on 3.85 Acres
    $1,250,000
    20,480 SF

    Former Armory Building on 3.85 Acres

    Unique property with redevelopment potential in Cheboygan city limits.

    610 S Cuyler Street, Cheboygan, MI 49721
    View details
    Turnkey Bar and Restaurant Opportunity
    $785,000

    Turnkey Bar and Restaurant Opportunity

    Fully operational bar and restaurant for sale.

    220 N Main Street, Cheboygan, MI 49721
    View details
    Established Brewery and Restaurant Opportunity
    $3,890,000

    Established Brewery and Restaurant Opportunity

    Thriving brewery and restaurant in Mackinaw City for sale.

    810 South Huron Avenue, Mackinaw City, MI 49701
    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.

    Waterfront Land in Downtown St. Ignace
    $275,000
    0.37 Acres

    Waterfront Land in Downtown St. Ignace

    Rare waterfront lot with views of Mackinac Island.

    Saint Ignace, MI 49781
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    Waterfront Vacant Lot in St. Ignace
    $275,000
    0.37 Acres

    Waterfront Vacant Lot in St. Ignace

    Rare waterfront lot with views of Mackinac Island.

    Saint Ignace, MI 49781
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    Commercial Land in High Traffic Area
    $147,500
    1.50 Acres

    Commercial Land in High Traffic Area

    Commercial land in a high-traffic area with utilities available.

    10351 N Straits Highway, Cheboygan, MI 49721
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    Elmira Land Parcel on Woodward
    $63,900
    1.60 Acres

    Elmira Land Parcel on Woodward

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

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

    Carp Lake, MI Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Carp Lake, MI on our real estate platform. These investment opportunities span a total of 10,386 square feet of properties for sale, with an estimated market value of $1,198,000.

    Sale prices for restaurant properties in Carp Lake, MI start at $599,000, averaging $599,000, and reaching up to $599,000 — 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

    Conventional restaurants 2

    Demographics Overview

    Population 622
    Population Growth (5Y) -9.3%
    Median Household Income $44,712
    College Educated 33.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Carp Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49718 $599K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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