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    Clare, MI
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    Clare, MI Restaurants for Sale

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    Turnkey Bar and Grill Restaurant
    Updated: Apr 10
    Turnkey Bar and Grill Restaurant

    114 W 4th Street, Clare, MI 48617

    $535,000
    1,571 sqft 0.08 AC lot
    Fully operational bar and restaurant in downtown Clare, Michigan with an indoor bar and all‑season outdoor patio
    Outdoor patio setup accommodates up to 50 guests year‑round
    Recent upgrades include a new roof plus equipment including an ice machine and broaster
    Building materials include brick and vinyl siding; flat roof
    Utilities include public water and public sewer; phone service available
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    Turnkey Bar & Grill Opportunity
    Updated: May 11
    Turnkey Bar & Grill Opportunity

    114 W 4th Street, Clare, MI 48617

    Contact for pricing
    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.
    View details
    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 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.

    Downtown Riverfront Restaurant Building
    Downtown Riverfront Restaurant Building

    506 W Broadway, Mt Pleasant, MI 48858

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

    Restaurant property with river frontage in downtown Mt. Pleasant and current operators Mountain Town Station and Camille's on the River.

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    Turnkey Convenience Store & Pizza
    Turnkey Convenience Store & Pizza

    4012 N Clare Avenue, Harrison, MI 48625

    $504,900
    3,816 sqft 0.83 AC lot

    Turnkey convenience store with a thriving pizza and subs operation, beer and wine sales, and an attached office/garage.

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    Convenience Store with Pizza Subs
    Convenience Store with Pizza Subs

    N 4012 N Clare Avenue Unit SourceFi, Harrison, MI 48625

    $504,900
    3,816 sqft

    Turnkey convenience store with pizza and subs operation, plus transferable beer and wine license.

    View details
    Waterfront Restaurant Property
    Waterfront Restaurant Property

    506 West Broadway Street, Mt Pleasant, MI 48858

    Contact for pricing
    10,327 sqft

    Downtown waterfront restaurant property with building and 7 acres along a 600-foot river frontage.

    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 Union Twp
    Commercial Land in Union Twp

    Mount Pleasant, MI 48858

    $149,900
    1.36 AC lot

    1.36 acres of commercial land in Union Township, Michigan.

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    Shovel-Ready Commercial Development Land
    Shovel-Ready Commercial Development Land

    N Clare Avenue, Harrison, MI 48625

    $210,000
    8.00 AC lot

    Zoned commercial vacant lot with site improvements underway, positioned with road frontage near the US 127 interchange.

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    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

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

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

    View details
    Build-Ready Double Commercial Lot
    Build-Ready Double Commercial Lot

    Saint Louis, MI 48880

    $50,000
    0.51 AC lot

    Build-ready commercial lot with easy access and parking/outdoor flexibility, formerly associated with Tony's Restaurant.

    View details

    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 $535,000.

    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 $475K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Clare County

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