Restaurants

Erie, MI Restaurants for Sale

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Mexican Restaurant with Patios
Updated: Oct 31, 2024
Mexican Restaurant with Patios

11191 Telegraph Road, Erie, MI 48133

$895,000
5,076 sqft 5.67 AC lot
5,076‑square‑foot restaurant building on 5.67 acres
Equipment, fixtures, and licenses included
Two outdoor patios overlooking private settings
Built in 1998 with central air conditioning
Parking lot and private water source
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in Erie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, 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.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

37 S Monroe St, Monroe, MI 48161

$399,900
2,139 sqft

Two-level property combines restaurant facilities on the ground floor with separate residential space above.

View details
Bojangles NNN Property
Bojangles NNN Property

424 North Telegraph Road, Monroe, MI 48162

Contact for pricing
1,845 sqft 0.71 AC lot

Restaurant building supported by a 20-year triple-net lease with annual rent increases.

View details
Freestanding Bar with Patio
Freestanding Bar with Patio

5347 N Detroit Ave, Toledo, OH 43612

Contact for pricing
4,461 sqft

Established bar operation with full-service kitchen, outdoor seating, and D5 and D6 liquor licenses for indoor and outdoor service.

View details
Restaurant Buildings For Sale
Restaurant Buildings For Sale

5038 & 5044 Lewis Ave, Toledo, OH 43612

Contact for pricing
4,260 sqft

Two adjacent commercial buildings configured for restaurant use.

View details

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.

Land For Sale
Land For Sale

8008 Lewis Ave, Temperance, MI 48182

Contact for pricing
0.83 AC lot

0.83 acre land available for purchase.

View details
Toledo Commercial Land Opportunity
Toledo Commercial Land Opportunity

1108 E Manhattan Boulevard, Toledo, OH 43608

$55,000
0.47 AC lot

Four contiguous parcels totaling 0.4677 acres ready for redevelopment.

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Monroe Land For Sale
Monroe Land For Sale

N Telegraph Road, Monroe, MI 48162

$249,900
6.23 AC lot

6.2 acres of commercial land in Monroe, Michigan.

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Prime Commercial Development Site Dundee
Prime Commercial Development Site Dundee

470 Tecumseh Street, Dundee, MI 48131

Contact for pricing
2.01 AC lot

2.01 acre commercial development site on Tecumseh Street.

View details

Off-Market Properties in Erie, MI

Consider similar Off-Market properties in Erie, 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.

6215 Edgewater Dr
RESTAURANT

6215 Edgewater Dr, Erie, MI 48133-9406

Estimated value:
$330,000
2,645 sqft 0.70 AC lot
View details
10813 Telegraph Rd
BAR, TAVERN

10813 Telegraph Rd, Erie, MI 48133-9749

Estimated value:
$230,000
5,437 sqft 2.38 AC lot
View details
6339 Edgewater Dr
RESTAURANT

6339 Edgewater Dr, Erie, MI 48133-9406

Estimated value:
$445,000
5,764 sqft 1.50 AC lot
View details
2103 Manhattan St
RESTAURANT

2103 Manhattan St, Erie, MI 48133-9647

Estimated value:
$115,000
4,430 sqft 1.03 AC lot
View details
10916 Dixie Hwy
DRIVE-THRU RESTAURANT, FAST FOOD

10916 Dixie Hwy, Erie, MI 48133-9712

Estimated value:
$65,000
672 sqft 0.48 AC lot
View details
11191 Telegraph Rd
RESTAURANT

11191 Telegraph Rd, Erie, MI 48133-9749

Estimated value:
$690,000
5,076 sqft 5.67 AC lot
View details
9788 Dixie Hwy
RESTAURANT

9788 Dixie Hwy, Erie, MI 48133-9232

Estimated value:
$350,000
3,163 sqft 0.13 AC lot
View details
9767 Dixie Hwy
RESTAURANT

9767 Dixie Hwy, Erie, MI 48133-9232

Estimated value:
$55,000
1,214 sqft 0.58 AC lot
View details
6880 Telegraph Rd
RESTAURANT

6880 Telegraph Rd, Erie, MI 48133-9639

Estimated value:
$365,000
6,180 sqft 2.90 AC lot
View details
7480 Suder Ave, Unit 7478
BAR, TAVERN

7480 Suder Ave, Erie, MI 48133-9672

Unit 7478
Estimated value:
$350,000
6,364 sqft 1.75 AC lot
View details
9793 Telegraph Rd
BAR, TAVERN

9793 Telegraph Rd, Erie, MI 48133-9700

Estimated value:
$125,000
1,656 sqft 0.55 AC lot
View details
6630 Dixie Hwy
RESTAURANT

6630 Dixie Hwy, Erie, MI 48133-9221

Estimated value:
$395,000
10,226 sqft 1.50 AC lot
View details

Erie, MI Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Erie, MI on our real estate platform. These investment opportunities span a total of 5,076 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for restaurant properties in Erie, MI average $895,000 — 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 6,711
Population Growth (5Y) +18.7%
Median Household Income $65,867
College Educated 29.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48133 $895K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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