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    Cheboygan, MI
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    Cheboygan, MI Restaurants for Sale

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    Indian River, MI Ocqueoc, MI Topinabee, MI
    Turnkey Bar and Restaurant Opportunity
    Updated: Apr 2
    Turnkey Bar and Restaurant Opportunity

    220 N Main Street, Cheboygan, MI 49721

    $785,000
    Fully operational, turnkey bar and restaurant
    Exceptional opportunity
    In the heart of
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Office and Retail Building with Drive-Through
    Office and Retail Building with Drive-Through

    6232 River Street, Alanson, MI 49706

    $239,900
    1,344 sqft

    Versatile office and retail building with a drive-through window, private office, kitchenette, and rear paved parking.

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    Turn-Key Restaurant with Living Quarters
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped restaurant with living space and expansion potential.

    View details
    Waterfront Restaurant & Ice Cream Parlor
    Waterfront Restaurant & Ice Cream Parlor

    6492 Paradise Trail, Carp Lake, MI 49718

    $599,000
    5,193 sqft

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

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    Waterfront Restaurant & Ice Cream Parlor
    Waterfront Restaurant & Ice Cream Parlor

    6492 Paradise Trail, Carp Lake, MI 49718

    $599,000
    5,193 sqft

    Established restaurant and ice cream parlor in Carp Lake, 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 in High Traffic Area
    Commercial Land in High Traffic Area

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

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

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    Commercial Land in Gaylord, MI
    Commercial Land in Gaylord, MI

    Five Lakes, Gaylord, MI 49735

    $215,000
    4.11 AC lot

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

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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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    Commercial Frontage Land with Airport Access
    Commercial Frontage Land with Airport Access

    1518 & 1520 Bridge Street, Charlevoix, MI 49720

    $795,000
    2,900 sqft · 1.50 AC lot

    Land with airport-area frontage on three roads, currently leased, with drive-through potential on combined parcels.

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    Cheboygan, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Cheboygan, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $785,000.

    Sale prices for restaurant properties in Cheboygan, MI start at $785,000, averaging $785,000, and reaching up to $785,000 — 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

    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 Investment

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

    Neighborhood Average Price
    49721 $785K

    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%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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