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Empire, MI Restaurants for Sale

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Glen Arbor, MI Honor, MI Maple City, MI

$2,295,000

Glen Lake Manor Redevelopment Opportunity

7345 W Glenmere Road, Empire, MI 49630

Historic Glen Lake Manor on 5 wooded acres with frontage.

172' of sandy Glen Lake frontage on 5 wooded acres.
Special Use Permit finalized in Nov 2024 allows for 9 en‑suite guest rooms, 1 manager/owner suite, a 50‑seat restaurant, a 20‑seat lounge, and use of 3 rental cottages.
Operating since 1906 with a rich history as a host to lumbermen, vacationers, diners, and wedding guests.
2005 restoration of kitchen, dining area, restrooms, and office space.
All buildings received new roofs in 2021.

Updated: Sep 10, 2025

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Empire, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

$100,000

3,412 SF

Turnkey Restaurant in Leelanau County

Turnkey restaurant with Class C liquor license in Leelanau County.

172 W Burdickville Road, Maple City, MI 49664

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$1,150,000

4,957 SF

Motel and Cafe on 5.9 Acres

Leelanau County motel and cafe near Glen Arbor and Glen Lake.

7097 S Dunns Farm Road, Maple City, MI 49664

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Restaurant and Entertainment Spot For Sale

$599,900

6,000 SF

Restaurant and Entertainment Spot For Sale

Thriving restaurant and entertainment venue with family-friendly atmosphere on 3.75-acre lot.

13901 Honor Highway, Beulah, MI 49617

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Restaurant and Entertainment Venue For Sale

$599,900

6,000 SF

Restaurant and Entertainment Venue For Sale

Restaurant and entertainment venue with family-friendly atmosphere for sale.

13901 US-31, Beulah, MI 49617

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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.

$145,000

1.48 Acres

Commercial Land in Traverse City

1.5 acre commercial parcel in a prime Traverse City location.

V/L Zimmerman Road, Traverse City, MI 49685

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$389,000

3.50 Acres

Prime Location Development Opportunity

Expansive parcel ideal for commercial and residential development in Traverse City.

0 Zimmerman Road, Traverse City, MI 49685

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$110,000

Harbor West Marina Boat Slip

30' boat slip in Traverse City's Harbor West Marina.

12755 S MARINA VILLAGE DRIVE, Traverse City, MI 49684

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$790,000

13,348 SF

Retail Building Site in Traverse

1.18 acre retail building site in Buffalo Ridge Marketplace.

Traverse City, MI 49684

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Empire, MI Restaurants Investment Opportunities Market Analysis

Explore 1 restaurants for sale in Empire, MI on our real estate platform. These investment opportunities span a total of 3 square feet of properties for sale, with an estimated market value of $2,295,000.

Sale prices for restaurant properties in Empire, MI start at $2,295,000, averaging $2,295,000, and reaching up to $2,295,000 — 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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Demographics Overview

Population 1,484

Population Growth (5Y) +6.2%

Median Household Income $101,875

College Educated 80.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49630	$2.3M

Taxes & Financing

Tax Rate (average for all types) 2.45%

Tax Rate vs County Average 0.20 pp above county avg

Average Loan-to-Value 65.0%

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Empire, MI Restaurants for Sale

Glen Lake Manor Redevelopment Opportunity

Historic Glen Lake Manor on 5 wooded acres with frontage.