Restaurants

Cheboygan, MI Restaurants for Sale

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Indian River, MI Onaway, MI Afton, MI Ocqueoc, MI Topinabee, MI Pointe Aux Pins, MI Brutus, MI Levering, MI
6 properties
Restaurant Building with Commercial Kitchen
Updated: Aug 17
Restaurant Building with Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft 0.10 AC lot
2,064‑square‑foot restaurant building at 330 N Main Street in Cheboygan
Class C Liquor License included with the real estate and fixtures
Double commercial kitchen with two functioning exhaust hoods
Walk‑in cooler, walk‑in freezer, and commercial kitchen equipment
Custom copper bar top depicting the Inland Waterway and Straits of Mackinac
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18-Hole Golf Course with Restaurant
Updated: Jul 31
18-Hole Golf Course with Restaurant

4849 N Black River Road, Cheboygan, MI 49721

$650,000
2,500 sqft 85.48 AC lot
85.48‑acre golf course property in Cheboygan, Michigan
18‑hole golf course with clubhouse improvements
Clubhouse includes a full‑service restaurant and bar
2,500‑square‑foot clubhouse with space for private events and tournaments
Maintenance barn provides storage for golf course equipment and golf carts
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Bar and Pub with Patio
Bar and Pub with Patio

220 N Main Street, Cheboygan, MI 49721

$785,000
2,500 sqft 0.10 AC lot

The hospitality space includes a walk-up food counter, a separate salon suite, and furnished indoor and outdoor areas.

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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft

Includes a Class C liquor license, furnishings, and a fully equipped double commercial kitchen.

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18-Hole Golf Course with Clubhouse
18-Hole Golf Course with Clubhouse

4849 N Black River Rd, Cheboygan, MI 49721

$650,000
2,500 sqft 85.00 AC lot

Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

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Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

220 N Main St, Cheboygan, MI 49721

$785,000

Fully operational bar and restaurant for sale.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 6 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Seasonal Restaurant with Outdoor Seating
Seasonal Restaurant with Outdoor Seating

1499 S Straits Highway, Indian River, MI 49749

$199,900
750 sqft

Established seasonal restaurant with indoor dining, walk-up service, kitchen facilities, and customer parking.

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Seasonal Breakfast & Diner Business
Seasonal Breakfast & Diner Business

1499 S Straits Hwy, Indian River, MI 49749

$199,900
750 sqft

Walk-up service, indoor dining, outdoor seating, and a fully equipped kitchen are in place.

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Mixed-Use Property with Lake Huron Frontage
Mixed-Use Property with Lake Huron Frontage

Pointe Aux Pins, MI 49775

$799,000
3,276 sqft 1.15 AC lot

Combined bar, general store, and residential space with commercial utility and direct waterfront setting.

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Waterfront Conventional Restaurant
Waterfront Conventional Restaurant

720 W Huron Drive, Pointe Aux Pins, MI 49775

$799,000
2.50 AC lot

Commercial operation combining dining, retail, fuel, propane, and on-site living quarters in a year-round island setting.

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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 Near Boat Launch
Commercial Land Near Boat Launch

10351 N Straits Highway, Cheboygan, MI 49721

$147,500
1.50 AC lot

Commercially zoned land with sewer, natural gas, and electric available.

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Cheboygan, MI Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Cheboygan, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,628 square feet of properties for sale, with an estimated market value of $4,268,000.

Sale prices for restaurant properties in Cheboygan, MI start at $650,000, averaging $711,333, 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 6
Conventional restaurants 6
Commercial kitchens 2

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 $711.3K

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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