Restaurants

Drummond Island, MI Restaurants for Sale

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De Tour Village, MI Goetzville, MI
Restaurant with Gift Shop
Updated: Oct 9
Restaurant with Gift Shop

29299 E Channel Road, Drummond Island, MI 49726

$399,000
1,550 sqft 0.92 AC lot
1,550‑square‑foot restaurant building with kitchen inventory and sit‑down dining area
0.92‑acre parcel zoned CG
Gift shop and outdoor patio on site
Pole barn and mobile home for an owner or manager
Parking lot, accessible approach with ramp, well water, and septic tank
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Drummond Island, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft 0.10 AC lot

Turnkey restaurant property with a Class C Liquor License, furnishings, and commercial food-service infrastructure.

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Mixed-Use Property with Lake Huron Frontage
Mixed-Use Property with Lake Huron Frontage

Pointe Aux Pins, MI 49775

$799,000
3,276 sqft 1.15 AC lot

Combined bar, general store, and residential space with commercial utility and direct waterfront setting.

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Waterfront Conventional Restaurant
Waterfront Conventional Restaurant

720 W Huron Drive, Pointe Aux Pins, MI 49775

$799,000
2.50 AC lot

Commercial operation combining dining, retail, fuel, propane, and on-site living quarters in a year-round island setting.

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Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

220 N Main St, Cheboygan, MI 49721

$785,000

Fully operational bar and restaurant for sale.

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Drummond Island, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Drummond Island, MI on our real estate platform. These investment opportunities span a total of 1,550 square feet of properties for sale, with an estimated market value of $399,000.

Sale prices for restaurant properties in Drummond Island, MI average $399,000 — 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 1

Demographics Overview

Population 1,106
Population Growth (5Y) +0.2%
Median Household Income $65,000
College Educated 37.1%

Taxes & Financing

Tax Rate (average for all types) 2.57%
Tax Rate vs County Average 0.72 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

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