Restaurants

Charlevoix, MI Restaurants for Sale

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

109 & 111 Bridge, Charlevoix, MI 49720

$1,450,000
5,656 sqft
5,656‑square‑foot mixed‑use property with restaurant space and two one‑bedroom condos
Ground‑floor restaurant occupancy under a five‑year lease
Both residences have private balconies overlooking Round Lake Harbor
Located directly on US‑31, with peak summer traffic above 15,000 vehicles per day
Bridge Street frontage and rear alley parking
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Fully Outfitted Restaurant
Updated: Apr 10
Fully Outfitted Restaurant

311 Bridge Street, Charlevoix, MI 49720

$55,000
1,007 sqft
1,007 SF conventional restaurant
Business assets and lease takeover included
Pita Cruiser has operated at the property since 2014
Located in downtown Charlevoix across from the marina
Block construction with a parking lot
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Turnkey Restaurant Business
Turnkey Restaurant Business

311 Bridge St, Charlevoix, MI 49720

$55,000
1,007 sqft

Fully equipped restaurant operation with business assets and a lease takeover included.

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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 10 Potential Opportunities for your consideration. Besides 3 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.

Restaurant and Bakery Business
Restaurant and Bakery Business

110 S Lake Street, Boyne City, MI 49712

$695,000
1,629 sqft 0.25 AC lot

Established food-service property with an equipped commercial kitchen and an operating bakery and creperie business.

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

110 S Lake St, Boyne City, MI 49712

$695,000
1,629 sqft

Turnkey bakery and creperie in Boyne City, Michigan.

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Breakfast and Lunch Restaurant
Breakfast and Lunch Restaurant

3890 Charlevoix Avenue, Petoskey, MI 49770

$99,000
2,150 sqft

Commercially zoned restaurant property with a wood-frame structure and metal roof.

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Bayside Restaurant with Tavern License
Bayside Restaurant with Tavern License

3890 Charlevoix Avenue Unit: 290, Petoskey, MI 49770

$99,000

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

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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.

Commercial Land with Shared Access
Commercial Land with Shared Access

11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

$175,000
1.93 AC lot

Commercially zoned parcel with shared curb access, service road, and sewer, water, and natural gas available.

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Commercial Land with Three-Road Frontage
Commercial Land with Three-Road Frontage

1518 & 1520 Bridge Street, Charlevoix, MI 49720

$795,000
2,900 sqft 1.50 AC lot

Three parcels include an existing residence and current occupancy by a security company.

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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.

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Charlevoix, MI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Charlevoix, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,670 square feet of properties for sale, with an estimated market value of $1,560,000.

Sale prices for restaurant properties in Charlevoix, MI start at $55,000, averaging $520,000, 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 3

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 $520K

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)

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