Dickinson County, MI Restaurants for sale

Updated: Oct 28, 2025

Leased Restaurant Property

1600 S Stephenson Avenue, Iron Mountain, MI 49801

$495,000

2,528 sqft 0.66 AC lot

Leased to a national chain pizza company, providing immediate income.
Fantastic business opportunity.
Located in Iron Mountain, in the central Upper Peninsula.
Central air conditioning.
Public water source.

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This listing looks promising.

Here's a quick look at some key insights for

1600 S Stephenson Avenue, Iron Mountain, MI 49801

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Est. Cap Rate

5.7%
NOI ÷ price
Est. NOI

$28K
Annual
Price @ 7% Cap

$402K
Suggested
Property Type

Commercial (General)
Built 1986

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Updated: Apr 23

Prime Commercial Location in Iron

701 N Stephenson Avenue, Iron Mountain, MI 49801

$550,000

3,124 sqft 0.15 AC lot

Two commercial buildings on nearly an acre with frontage on Main Street and Highway US2
Off‑street parking lot with drive‑through access
Central air and forced‑air heating, plus ceiling fans
Commercial freezer and full basement included
200 amp electric service

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Restaurant and Bar with Bowling Lanes

616 Main Street, Norway, MI 49870

$350,000

9,132 sqft 0.24 AC lot

Restaurant and bar offering daily specials, with bowling lanes still installed in the building.

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Turnkey Bar and Restaurant

207 E Hughitt Street, Iron Mountain, MI 49801

$550,000

4,680 sqft 0.13 AC lot

For sale turnkey bar and restaurant with included kitchen and bar equipment.

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Blackstone Pizza & Pub - Iron Mountain, MI

207 E Hughitt St, Iron Mountain, MI 49801

$550,000

4,680 sqft 0.13 AC lot

Turnkey bar and restaurant in Iron Mountain's historic district.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Dickinson County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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 with Existing Building

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000

2,335 sqft 0.20 AC lot

A zoned commercial site with a 72-by-120 lot and an older 2,335 SF building on a main thoroughfare.

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Prime Land Near Highway

US-41 Highway, Ishpeming, MI 49849

$150,000

21.00 AC lot

20+ acre commercial land parcel with highway frontage.

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Prime Land in Rapid River

7683 US2 Highway, Rapid River, MI 49878

$49,900

1.97 AC lot

Commercial land with high traffic exposure in Rapid River, MI.

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Prime Land on US Highway

362 E US41/M28 Highway, Negaunee, MI 49866

$995,000

2.00 AC lot

High-exposure land on a major highway near Marquette, Michigan.

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Dickinson County, MI Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Dickinson County, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,144 square feet of properties for sale, with an estimated market value of $2,495,000.

Sale prices for restaurant properties in Dickinson County, MI start at $350,000, averaging $499,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.