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    Charlevoix, MI
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    Charlevoix, MI Restaurants for Sale

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    Ellsworth, MI East Jordan, MI Petoskey, MI Boyne City, MI Central Lake, MI Eastport, MI Kewadin, MI Northport, MI
    Mixed-Use Building with Restaurant Tenant
    Updated: Jul 2
    Mixed-Use Building with Restaurant Tenant

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft
    5,656‑SF mixed‑use building at 107 & 111 Bridge Street in Downtown Charlevoix, MI
    Direct US‑31 frontage with over 15,000 vehicles passing daily during peak summer months
    Ground level fully occupied by The Happy Troll Restaurant under a solid five‑year lease
    Two 1‑bedroom residential condos above the restaurant, each with a private balcony
    Cable available; heating uses natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    109 & 111 Bridge, Charlevoix, MI 49720

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $969K
      Suggested
    View Property Analytics
    Turnkey Restaurant in Downtown Charlevoix
    Updated: Apr 10
    Turnkey Restaurant in Downtown Charlevoix

    311 Bridge Street, Charlevoix, MI 49720

    $55,000
    1,007 sqft
    Established, profitable restaurant business since 2014.
    Prime downtown Charlevoix location directly across from the marina.
    Turnkey operation, fully outfitted and ready for immediate operation.
    Strong brand recognition and loyal customer base.
    Financials available demonstrating consistent profitability.
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    Restaurant Building with Parking
    Restaurant Building with Parking

    1411 Bridge Street, Charlevoix, MI 49720

    Contact for pricing

    Restaurant building with a dining room for about 100 guests, commercial kitchen, walk-in cooler, and large paved parking lot.

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    Turn-Key Restaurant with Liquor License
    Turn-Key Restaurant with Liquor License

    111 Bridge St, Charlevoix, MI 49720

    Contact for pricing

    Turn-key restaurant business for sale with 105 seats, liquor license, catering, and established takeout.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Turnkey Bakery and Creperie
    Turnkey Bakery and Creperie

    110 S Lake Street, Boyne City, MI 49712

    $695,000
    1,629 sqft 0.25 AC lot

    For sale turnkey bakery and creperie with a fully equipped commercial kitchen and included business assets.

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    Bayside Restaurant with Tavern License
    Bayside Restaurant with Tavern License

    3890 Charlevoix Ave, Petoskey, MI 49770

    $120,000
    2,150 sqft

    Well-established restaurant serving breakfast and lunch, with a tavern license available by application.

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    Restaurant with Tavern License
    Restaurant with Tavern License

    3890 Charlevoix Avenue, Petoskey, MI 49770

    $99,000
    2,150 sqft

    Bayside Restaurant is a wood-frame restaurant offering breakfast and lunch, with heating by forced air natural gas and a metal roof.

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    Gildas' Lake Street Bakery ForSale
    Gildas' Lake Street Bakery ForSale

    110 S Lake St, Boyne City, MI 49712

    $695,000
    0.25 AC lot

    Turnkey bakery and creperie in Boyne City, Michigan.

    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 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.

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    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.

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    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

    Charlevoix, MI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Charlevoix, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,663 square feet of properties for sale, with an estimated market value of $1,505,000.

    Sale prices for restaurant properties in Charlevoix, MI start at $55,000, averaging $752,500, and reaching up to $1,450,000 — 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 4

    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49720 $752.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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