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Dowagiac, MI Restaurants for Sale

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Iconic Drive-In Restaurant Opportunity
$199,900
2,064 SF

Iconic Drive-In Restaurant Opportunity

28102 M 152, Dowagiac, MI 49047

Turn-key restaurant with drive-in spaces on 2 acres.

  • Turn‑key restaurant opportunity with all equipment included for immediate operation or rebranding.
  • High‑visibility location near the intersection of M‑51 and M‑152, minutes from Sister Lakes vacation destination.
  • Approximately 2 acres of commercial property with a 2,064 SF restaurant building.
  • 16 covered drive‑in spaces suitable for carhop service or outdoor events.
  • Recently renovated dining room with new flooring, tables, and booths.
Updated: Nov 21, 2025
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Dowagiac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adult-Use Provisioning Center Opportunity
$1,900,000

Adult-Use Provisioning Center Opportunity

Adult-Use Retail License and Leasehold Rights for sale.

8277 Arnt Blvd, Watervliet, MI 49098
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Watervliet Restaurant For Sale
$2,477,679
2,800 SF

Watervliet Restaurant For Sale

Freestanding restaurant property with a long-term triple net lease.

620 N M 140, Watervliet, MI 49098
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Restaurant Building Near Paw Paw Lake
$315,000
2,000 SF

Restaurant Building Near Paw Paw Lake

Restaurant building for sale with high visibility near Paw Paw Lake.

5036 Paw Paw Lake Rd, Coloma, MI 49038
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Redevelopment Opportunity Near Paw Paw Lake
$647,000
648 SF

Redevelopment Opportunity Near Paw Paw Lake

Historic property with redevelopment potential, cottage, and lake views.

5575 Paw Paw Lake Rd, Coloma, MI 49038
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Explore Off-Market Properties in Dowagiac, MI

Consider similar Off-Market properties in Dowagiac, 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.

93200 County Rd 690

93200 County Rd 690

RESTAURANT • 3,764 SF
Value Estimation by Request
93200 County Rd 690, Dowagiac, MI 49047-9024
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94376 County Rd 690

94376 County Rd 690

BAR, TAVERN • 2,640 SF
Value Estimation by Request
94376 County Rd 690, Dowagiac, MI 49047-8886
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92055 County Rd 690

92055 County Rd 690

RESTAURANT • 3,203 SF
Value Estimation by Request
92055 County Rd 690, Dowagiac, MI 49047-9000
View details
93415 County Rd 690

93415 County Rd 690

RESTAURANT • 7,392 SF
Value Estimation by Request
93415 County Rd 690, Dowagiac, MI 49047-9025
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66461 Timmons Rd

66461 Timmons Rd

RESTAURANT • 1,692 SF
Value Estimation by Request
66461 Timmons Rd, Dowagiac, MI 49047-8991
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94370 County Rd 690

94370 County Rd 690

RESTAURANT • 4,892 SF
Value Estimation by Request
94370 County Rd 690, Dowagiac, MI 49047-8886
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92081 M 152

92081 M 152

RESTAURANT • 1,620 SF
Value Estimation by Request
92081 M 152, Dowagiac, MI 49047-8876
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Dowagiac, MI Restaurants Investment Opportunities Market Analysis

Explore 8 restaurants for sale in Dowagiac, MI on our real estate platform. These investment opportunities span a total of 323,650 square feet of properties for sale, with an estimated market value of $2,174,900.

Prices for restaurant properties in Dowagiac, MI start at $50,000, averaging $271,862, and reaching up to $440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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