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Caspian, MI Restaurants for Sale

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Established Bar with Income Apartment
$109,500
2,498 SF

Established Bar with Income Apartment

224 E Caspian Ave, Caspian, MI 49915

Neighborhood bar with upstairs apartment in downtown Caspian, Michigan.

  • Established neighborhood bar with liquor license included
  • Spacious 2‑bedroom apartment upstairs offers living or rental income
  • Well‑organized kitchen features a newer $10K fryer (4 years old)
  • Includes essential equipment: tables, chairs, stools, appliances, walk‑in cooler, and pool table
  • Inviting interior with newer flooring and a U.P. vibe
Updated: Jul 17, 2025
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caspian, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Historic Commercial Building, Iron River
$139,500
8,084 SF

Historic Commercial Building, Iron River

Historic building suitable for restaurant, office, retail, or nightclub.

208 Cherry St, Iron River, MI 49935
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Established Restaurant on Main Street
$295,000
2,300 SF

Established Restaurant on Main Street

Turnkey restaurant with high visibility and loyal customer base.

321 W Genesee St, Iron River, MI 49935
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Renovated Historic Commercial Building For Sale
$895,000
15,400 SF

Renovated Historic Commercial Building For Sale

15,400 sq ft renovated commercial building with income potential.

748 Central Ave, Florence, WI 54121
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Florence Restaurant & Bar Opportunity
$150,000
4,030 SF

Florence Restaurant & Bar Opportunity

Restaurant and bar with equipment and parking in Florence, WI.

508 Central Ave, Florence, WI 54121
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Explore Off-Market Properties in Caspian, MI

Consider similar Off-Market properties in Caspian, 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.

329 Caspian Ave

329 Caspian Ave

BAR, TAVERN • 2,990 SF
Value Estimation by Request
329 Caspian Ave, Caspian, MI 49915-5119
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200 Caspian Ave

200 Caspian Ave

BAR, TAVERN • 1,400 SF
Value Estimation by Request
200 Caspian Ave, Caspian, MI 49915-5116
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224 Caspian Ave

224 Caspian Ave

BAR, TAVERN • 960 SF
Value Estimation by Request
224 Caspian Ave, Caspian, MI 49915-5116
View details
240 Baltic Ave

240 Baltic Ave

BAR, TAVERN • 1,320 SF
Value Estimation by Request
240 Baltic Ave, Caspian, MI 49915-5122
View details

Caspian, MI Restaurants Investment Opportunities Market Analysis

Explore 5 restaurants for sale in Caspian, MI on our real estate platform. These investment opportunities span a total of 7,405 square feet of properties for sale, with an estimated market value of $109,500.

Prices for restaurant properties in Caspian, MI start at $109,500, averaging $109,500, and reaching up to $109,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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