Restaurants

Clare, MI Restaurants for Sale

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Lincoln, MI Farwell, MI Coleman, MI Gladwin, MI Harrison, MI Lake, MI Beaverton, MI Lake George, MI
Bar and Pub with Outdoor Patio
Updated: Apr 10
Bar and Pub with Outdoor Patio

114 W 4th Street, Clare, MI 48617

$535,000
1,571 sqft 0.08 AC lot
1,571‑square‑foot bar and restaurant on a 0.08‑acre parcel
All‑season outdoor patio accommodates up to 50 guests
Full‑service indoor bar with built‑in gas range, oven, indoor grill, and broaster
Recent upgrades include a new roof, ice machine, and broaster
Parking lot and alley access at 114 W 4th Street, Clare, MI 48617
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Turnkey Bar & Grill Opportunity
Updated: May 14
Turnkey Bar & Grill Opportunity

114 W 4th St, Clare, MI 48617

$535,000
1,571 sqft
Turnkey bar and restaurant with a loyal customer base and established reputation.
Versatile, all‑season outdoor patio accommodating up to 50 guests for events and entertainment.
Known for its famous roasted chicken and wings, offering a popular and proven menu.
Recent upgrades including a new roof, ice machine, and broaster.
Experienced, long‑tenured staff in place for a smooth transition.
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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 2 Active listings in Clare, 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.

Mixed-Use Property with Kitchen
Mixed-Use Property with Kitchen

20 E Remus Road, Mt Pleasant, MI 48858

$269,900
2,220 sqft 1.96 AC lot

Two levels include food-service infrastructure and a two-bedroom apartment.

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Waterfront Restaurant Property
Waterfront Restaurant Property

506 W Broadway, Mt Pleasant, MI 48858

$1,500,000
10,327 sqft 7.00 AC lot

Restaurant property with substantial building area, river frontage, on-site parking, and a downtown setting near civic and park amenities.

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Ice Cream Restaurant Building
Ice Cream Restaurant Building

209 E Railway St, Coleman, MI 48618

$125,000

Commercial building with an ice cream and restaurant configuration in a small-town setting.

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Renovated Restaurant with Commercial Kitchen
Renovated Restaurant with Commercial Kitchen

300 E Railway, Coleman, MI 48618

Contact for pricing

B2-zoned operation includes dining, prep, storage, and on-site parking.

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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
Commercial Land

Mount Pleasant, MI 48858

$149,900
1.36 AC lot

Commercially zoned land with public water service in Union Township.

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Commercial Land Near Interchange
Commercial Land Near Interchange

N Clare Avenue, Harrison, MI 48625

$210,000
8.00 AC lot

Commercial-vacant acreage with road frontage and nearby Dollar General and gas stations, subject to deed restrictions.

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Commercial Land at Highway Corner
Commercial Land at Highway Corner

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Commercially zoned corner site with municipal sewer, natural gas, and on-site three-phase electric.

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Commercial Land Parcel
Commercial Land Parcel

Saint Louis, MI 48880

$50,000
0.51 AC lot

Vacant commercial parcel with Commercial zoning and cable availability at a St. Louis address.

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Clare, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Clare, MI on our real estate platform. These investment opportunities span a total of 3,142 square feet of properties for sale, with an estimated market value of $1,070,000.

Sale prices for restaurant properties in Clare, MI average $535,000 — 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
Bars & Pubs 2

Demographics Overview

Population 9,729
Population Growth (5Y) +12.2%
Median Household Income $56,601
College Educated 22.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48617 $535K

Taxes & Financing

Tax Rate (average for all types) 4.83%
Tax Rate vs County Average 0.48 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clare County

New Delisted

Total CRE Inventory on Market (SF)

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