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    Glen Arbor, MI Honor, MI Lake Ann, MI Maple City, MI Traverse City, MI Interlochen, MI Cedar, MI Beulah, MI
    Glen Lake Manor Redevelopment Opportunity
    Updated: Sep 10, 2025
    Glen Lake Manor Redevelopment Opportunity

    7345 W Glenmere Road, Empire, MI 49630

    $2,295,000
    3 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Motel and Cafe Property
    Motel and Cafe Property

    7097 S Dunns Farm Road, Maple City, MI 49664

    $1,150,000
    4,957 sqft 5.90 AC lot

    The property combines an updated cafe and an 8-room motel on 5.9 wooded acres in Maple City, Michigan.

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    Historic Inn with Restaurant & B&B
    Historic Inn with Restaurant & B&B

    149 E Harbor Highway, Maple City, MI 49664

    $1,600,000
    7,500 sqft 3.17 AC lot

    Turn-key Leelanau County landmark with restaurant, bar, and lodging.

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    Restaurant and Entertainment Spot For Sale
    Restaurant and Entertainment Spot For Sale

    13901 Honor Highway, Beulah, MI 49617

    $599,900
    6,000 sqft

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

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    Restaurant and Entertainment Venue For Sale
    Restaurant and Entertainment Venue For Sale

    13901 US-31, Beulah, MI 49617

    $599,900
    6,000 sqft

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

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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.

    Commercial Land Parcel
    Commercial Land Parcel

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

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    Commercial Land with Mixed-Use Flexibility
    Commercial Land with Mixed-Use Flexibility

    Zimmerman Road, Traverse City, MI 49685

    $389,000
    3.50 AC lot

    Zoned commercial land at a road intersection, allowing residential above commercial with a footprint limit.

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    Retail Building Site in Traverse
    Retail Building Site in Traverse

    Traverse City, MI 49684

    $790,000
    1.18 AC lot

    1.18 acre retail building site in major shopping destination.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    1026-1028 E Front Street, Traverse City, MI 49686

    $399,000
    0.38 AC lot

    Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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    Empire, MI Restaurants Market Trends and Statistics

    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 average 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%

    Listings Trend

    New vs delisted commercial listings in Leelanau County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Leelanau County

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