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    Cheboygan, MI
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    Cheboygan, MI Restaurants for Sale

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    Indian River, MI Millersburg, MI Topinabee, MI
    Turnkey Bar and Restaurant Opportunity
    $785,000

    Turnkey Bar and Restaurant Opportunity

    220 N Main Street, Cheboygan, MI 49721

    Fully operational bar and restaurant for sale.

    • Fully operational, turnkey bar and restaurant
    • Exceptional opportunity
    • In the heart of
    Updated: Apr 2
    View details
    Former Armory Building on 3.85 Acres
    $1,250,000
    20,480 SF

    Former Armory Building on 3.85 Acres

    610 S Cuyler Street, Cheboygan, MI 49721

    Unique property with redevelopment potential in Cheboygan city limits.

    • Large 20,480 sq ft former armory building with open floor plan.
    • Almost 4 acres of land within Cheboygan city limits.
    • Land contract or lease‑to‑own options available.
    • Includes a commercial kitchen, multiple classrooms, bathrooms, and locker rooms.
    • Building has a partial basement.
    Updated: Oct 1, 2024
    View details
    Former Armory Building on 4 Acres
    $1,250,000
    20,480 SF

    Former Armory Building on 4 Acres

    Unique mixed-use property with redevelopment potential in Cheboygan, Michigan.

    610 S Cuyler St, Cheboygan, MI 49721
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Cheboygan, 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
    Waterfront Restaurant & Ice Cream Parlor
    $599,000
    5,193 SF

    Waterfront Restaurant & Ice Cream Parlor

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

    6492 Paradise Trail, Carp Lake, MI 49718
    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
    Waterfront Restaurant & Ice Cream Parlor
    $599,000
    5,193 SF

    Waterfront Restaurant & Ice Cream Parlor

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

    6492 Paradise Trail, Carp Lake, MI 49718
    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 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
    View details
    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
    View details
    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
    View details
    Commercial Land in Gaylord, MI
    $215,000
    4.11 Acres

    Commercial Land in Gaylord, MI

    4+ acre commercial land parcel zoned B3 with I75 exposure.

    Five Lakes, Gaylord, MI 49735
    View details

    Cheboygan, MI Restaurants Investment Opportunities Market Analysis

    Explore 3 restaurants for sale in Cheboygan, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 40,960 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for restaurant properties in Cheboygan, MI start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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 kitchens 3
    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -2.2%
    Median Household Income $60,840
    College Educated 29.7%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49721 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.46%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

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