Restaurants

Coleman, MI Restaurants for Sale

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Mount Pleasant, MI Clare, MI Sanford, MI Shepherd, MI Lincoln, MI Beaverton, 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 restaurant building on a 0.28‑acre lot
Cafe business, building, and operational equipment included
Renovated in 2023
Fully equipped commercial kitchen with prep and storage areas
Dining space included within the building
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Ice Cream Restaurant Building
Updated: Sep 1
Ice Cream Restaurant Building

209 E Railway St, Coleman, MI 48618

$125,000
Existing ice cream shop and restaurant configuration
1972 construction
Located at 209 E Railway St, Coleman, MI 48618
Walk Score of 3; car‑dependent setting
Bike Score of 29; somewhat bikeable
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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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See hot listings in Coleman

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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.

Restaurant with Existing Kitchen
Restaurant with Existing Kitchen

1623 S Mission Street, Mt Pleasant, MI 48858

$1,449,000
5,773 sqft 1.01 AC lot

Former restaurant property beside Central Michigan University with dining, storage, and food-service infrastructure in place.

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Bar and Pub with Outdoor Patio
Bar and Pub with Outdoor Patio

114 W 4th Street, Clare, MI 48617

$535,000
1,571 sqft 0.08 AC lot

Full-service indoor bar pairs with an all-season patio for year-round customer seating.

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Turnkey Bar & Grill Opportunity
Turnkey Bar & Grill Opportunity

114 W 4th St, Clare, MI 48617

$535,000
1,571 sqft

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

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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.

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.

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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 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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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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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

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

219 Railway St, Coleman, MI 48618-9799

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

209 Railway St, Coleman, MI 48618-9799

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

300 Railway St, Coleman, MI 48618-9790

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

320 Railway St, Coleman, MI 48618-9790

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

107 4th St, Coleman, MI 48618

Estimated value:
$135,000
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 $290,000.

Sale prices for restaurant properties in Coleman, MI start at $125,000, averaging $145,000, and reaching up to $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

Conventional restaurants 3
Commercial kitchens 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 $145K

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)

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