Restaurants

Escanaba, MI Restaurants for Sale

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Wells, MI Gladstone, MI Bark River, MI Cornell, MI Brampton, MI Rapid River, MI Perronville, MI Rock, MI
Remodeled Bar and Pool Hall
Updated: Mar 5
Remodeled Bar and Pool Hall

224 Stephenson Avenue, Escanaba, MI 49829

$480,000
4,805 sqft 0.19 AC lot
4,805‑square‑foot bar and pool hall on a 0.19‑acre parcel
Remodeled in 2014 with updated electrical and mechanical systems
Capacity for up to 324 guests with 10 Valley coin‑operated pool tables
Approximately 1,500‑square‑foot basement with storage and walk‑in cooler
Class C liquor license includes on‑premises service, off‑premises sales, Sunday sales, dance, entertainment, and outdoor service
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Renovated Downtown Bar & Pub
Updated: Nov 19, 2025
Renovated Downtown Bar & Pub

1117 Ludington Street, Escanaba, MI 49829

$530,000
2,164 sqft 0.08 AC lot
Operating bar and pub at 1117 Ludington Street in downtown Escanaba
2,164 square feet with front‑to‑back layout, seating area, rear event space, and basement storage
Updated interiors, newer mechanicals, and two renovated restrooms
Upstairs apartment area is largely gutted with preliminary renovation work underway
Owned pool tables included; dart boards, speaker system, and TouchTunes machines are leased
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Renovated Pub with Apartment
Renovated Pub with Apartment

1117 Ludington St, Escanaba, MI 49829

Contact for pricing
2,000 sqft

Operating pub with updated restrooms, basement storage, owned pool tables, and an unfinished upstairs apartment area.

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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 8 Potential Opportunities for your consideration. Besides 3 Active listings in Escanaba, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Coffee Shop and Bakery
Coffee Shop and Bakery

10649 N Bay Shore Dr, Sister Bay, WI 54234

$1,200,000
676 sqft 0.03 AC lot

Seasonal cafe and bakery with business operations, equipment, inventory, and real estate included.

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Renovated Historic School Building
Renovated Historic School Building

12042 Hwy 42, Ellison Bay, WI 54210

$647,000
2,270 sqft

Renovated in 2006, this former school offers retail space, two equipped kitchens, office/den space, and a large parking lot.

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Renovated Mixed-Use Building With Kitchens
Renovated Mixed-Use Building With Kitchens

12042 Hwy 42, Ellison Bay, WI 54210

$647,000
2,270 sqft 0.43 AC lot

Historic commercial building with retail space, two equipped kitchens, office area, garage, and parking.

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Analog Coffee Shop and Bakery
Analog Coffee Shop and Bakery

10649 North Bay Shore Drive, Sister Bay, WI 54234

Contact for pricing
676 sqft

Established cafe and bakery business with equipment, inventory, recipes, brand, and real estate included.

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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.

Zoned Commercial Land
Zoned Commercial Land

7683 US2 Highway, Rapid River, MI 49878

$49,900
1.97 AC lot

Commercial District 2 zoning fronts US2 Highway in Rapid River, with wastewater infrastructure passing nearby.

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Escanaba, MI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Escanaba, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,969 square feet of properties for sale, with an estimated market value of $1,010,000.

Sale prices for restaurant properties in Escanaba, MI start at $480,000, averaging $505,000, and reaching up to $530,000 — 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

Bars & Pubs 3

Demographics Overview

Population 17K
Population Growth (5Y) -0.5%
Median Household Income $45,808
College Educated 23.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49829 $602.5K

Taxes & Financing

Tax Rate (average for all types) 4.91%
Property Tax per SF $85.03 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delta County

New Delisted

Total CRE Inventory on Market (SF)

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