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    Coleman, MI
    Restaurants

    Coleman, MI Restaurants for Sale

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    Clare, MI Mount Pleasant, MI Beaverton, MI Sanford, MI Lincoln, MI Shepherd, MI Hope, MI Midland, MI
    Renovated Cafe Restaurant
    Updated: May 7
    Renovated Cafe Restaurant

    300 E Railway Street, Coleman, MI 48618

    $165,000
    2,834 sqft 0.28 AC lot
    2,834‑square‑foot cafe restaurant building
    Renovated in 2023
    Commercial kitchen with preparation and storage areas
    Sale includes the building, business, and operational equipment
    20 on‑site parking spaces
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    300 E Railway Street, Coleman, MI 48618

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Above asking

    • Last Sold

      May 2012
      $100K
    View Property Analytics
    Conventional Restaurant Property
    Updated: Apr 11
    Conventional Restaurant Property

    320 E Railway St, Coleman, MI 48618

    Contact for pricing
    0.33 AC lot
    Previously operated restaurant property
    14,375 square feet of land
    B‑1 commercial zoning
    Located at 320 E Railway St, Coleman, MI 48618
    Near E Railway Street and 3rd Street
    View details
    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.

    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Coleman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, 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.

    Turnkey Bar & Grill Opportunity
    Turnkey Bar & Grill Opportunity

    114 W 4th Street, Clare, MI 48617

    Contact for pricing
    1,571 sqft

    Established bar and restaurant with loyal customer base and outdoor patio.

    View details
    Restaurant with Full Kitchen
    Restaurant with Full Kitchen

    301 S Ross Street, Beaverton, MI 48612

    $175,000
    762 sqft 0.28 AC lot

    Restaurant with a full kitchen, off-street parking, and public water service in a high-traffic downtown Beaverton setting.

    View details
    Updated Conventional Restaurant Business
    Updated Conventional Restaurant Business

    S 301 S Ross Street Unit SourceFi, Beaverton, MI 48612

    $175,000
    762 sqft

    Downtown food-service operation with a full kitchen, ice cream offerings, and equipment for seasonal or year-round service.

    View details
    157-Room Hotel & Conference Center
    157-Room Hotel & Conference Center

    604 N McEwan St, Clare, MI 48617

    Contact for pricing
    3.45 AC lot

    Includes an Irish pub, banquet facilities, and an indoor heated pool.

    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
    Commercial Land

    Mount Pleasant, MI 48858

    $149,900
    1.36 AC lot

    Commercially zoned land with public water service in Union Township.

    View details
    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.

    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
    Commercial Land with Highway Exposure
    Commercial Land with Highway Exposure

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

    $2,100,000
    8.00 AC lot

    Commercially zoned corner land with expressway visibility and existing sewer, natural gas, and three-phase electric service.

    View details

    Off-Market Properties in Coleman, MI

    Consider similar Off-Market properties in Coleman, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 4th St
    RESTAURANT

    115 4th St, Coleman, MI 48618-8924

    $175,000
    Estimated value
    1,890 sqft 0.04 AC lot
    View details
    219 Railway St
    BAR, TAVERN

    219 Railway St, Coleman, MI 48618-9799

    $55,000
    Estimated value
    1,998 sqft 0.08 AC lot
    View details
    209 Railway St
    RESTAURANT

    209 Railway St, Coleman, MI 48618-9799

    $80,000
    Estimated value
    702 sqft 0.07 AC lot
    View details
    300 Railway St
    RESTAURANT

    300 Railway St, Coleman, MI 48618-9790

    $165,000
    Estimated value
    2,834 sqft 0.28 AC lot
    View details
    320 Railway St
    RESTAURANT

    320 Railway St, Coleman, MI 48618-9790

    $320,000
    Estimated value
    3,458 sqft 0.33 AC lot
    View details
    107 4th St
    BAR, TAVERN

    107 4th St, Coleman, MI 48618

    $135,000
    Estimated value
    1,464 sqft 0.04 AC lot
    View details

    Coleman, MI Restaurants Market Trends and Statistics

    Explore 9 restaurants for sale in Coleman, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,834 square feet of properties for sale, with an estimated market value of $165,000.

    Sale prices for restaurant properties in Coleman, MI average $165,000 — 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

    Commercial kitchens 2
    Conventional restaurants 2

    Demographics Overview

    Population 5,110
    Population Growth (5Y) -0.6%
    Median Household Income $58,523
    College Educated 17.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48618 $165K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Midland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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