Escanaba, MI
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    Escanaba, MI Restaurants for Sale

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    Wells, MI Gladstone, MI Cornell, MI
    7 results
    Escanaba Commercial Corner Property
    $700,000
    11,000 SF

    Escanaba Commercial Corner Property

    1636 Ludington Street, Escanaba, MI 49829

    Mixed-use property with restaurant and auto shop in Escanaba.

    • Prime corner lot location at the intersection of Escanaba, Stephenson, and Ludington.
    • Existing tenant (La Cantina Mexican restaurant) provides immediate rental income of $3200/month plus utilities and desires a long‑term lease.
    • Restaurant roof was recently replaced in 2025 with a $40,000 rubberized sealing.
    • Includes two additional lots across the alley.
    • Garage/repair shop space includes valuable equipment: car hoist, large air compressor, and tire racks.
    Updated: Mar 30
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    Escanaba Turnkey Entertainment Venue
    $480,000
    4,805 SF

    Escanaba Turnkey Entertainment Venue

    224 Stephenson Avenue, Escanaba, MI 49829

    Fully operational entertainment venue in central Escanaba with growth potential.

    • Turnkey business opportunity: Fully operational pool hall with established customer base.
    • Class C liquor license: Permits on‑premises service, retail off‑premises sales, and more.
    • High‑capacity venue: Accommodates up to 324 guests with 10 pool tables and additional entertainment options.
    • Modernized and spacious: 4,600+ sq ft main floor, remodeled in 2014 with updated electrical and mechanical systems.
    • Fully equipped bar and ample storage: Includes bar coolers, freezer, refrigerator, and a 1,500 sq ft basement with walk‑in cooler.
    Updated: Mar 5
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    Established Bar with Outdoor Patio
    $270,000
    2,300 SF

    Established Bar with Outdoor Patio

    Well-maintained bar with loyal clientele and expansion potential.

    1530 Sheridan Road, Escanaba, MI 49829
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    High-Visibility Commercial Building in Escanaba
    $575,000
    4,400 SF

    High-Visibility Commercial Building in Escanaba

    Prime commercial property with high traffic and endless potential.

    201 N Lincoln Street, Escanaba, MI 49829
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    Turnkey Bar in Downtown Escanaba
    $550,000
    2,164 SF

    Turnkey Bar in Downtown Escanaba

    Operating bar with rental income potential in Escanaba, Michigan.

    1117 Ludington Street, Escanaba, MI 49829
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    Escanaba Corner Property with Restaurant
    $700,000

    Escanaba Corner Property with Restaurant

    Mixed-use property featuring a restaurant and auto shop.

    1636 Ludington, Escanaba, MI 49829
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    Retail/Restaurant Opportunity in Escanaba
    Contact for pricing

    Retail/Restaurant Opportunity in Escanaba

    Freestanding building with high visibility and access in Escanaba.

    601 N. Lincoln Road, Escanaba, MI 49829
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Escanaba, 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.

    Iron Mountain Commercial Building For Sale
    $329,500
    3,288 SF

    Iron Mountain Commercial Building For Sale

    3,288 SF commercial building with high visibility and ample parking.

    1605 N Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Iconic Restaurant and Bar Opportunity
    $299,900
    3,938 SF

    Iconic Restaurant and Bar Opportunity

    Historic restaurant and bar with potential for additional income.

    10468 S Main Street, Rapid River, MI 49878
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    Iron Mountain Commercial Opportunity
    $495,000
    2,528 SF

    Iron Mountain Commercial Opportunity

    Commercial property in Iron Mountain, currently leased to a pizza chain.

    1600 S Stephenson Avenue, Iron Mountain, MI 49801
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    Prime Land in Rapid River
    $49,900
    1.97 Acres

    Prime Land in Rapid River

    Commercial land with high traffic exposure in Rapid River, MI.

    7683 US2 Highway, Rapid River, MI 49878
    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 in Rapid River, MI
    $49,900
    1.97 Acres

    Land in Rapid River, MI

    Commercial land with high traffic exposure in Rapid River.

    7683 US2 HIGHWAY, Rapid River, MI 49878
    View details
    Prime Commercial Lot For Sale
    $250,000
    2,335 SF

    Prime Commercial Lot For Sale

    High-visibility commercial lot in Iron Mountain, Michigan.

    909 S Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Prime Land in Egg Harbor
    $429,000
    0.18 Acres

    Prime Land in Egg Harbor

    Commercial land in the heart of Egg Harbor, Wisconsin.

    Hwy 42, Egg Harbor, WI 54209
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    Prime Commercial Land in Negaunee
    $2,495,000
    5.00 Acres

    Prime Commercial Land in Negaunee

    High-exposure commercial land on US Highway 41/28 in Negaunee.

    362-368 E US41/M28 Highway, Negaunee, MI 49866
    View details

    Escanaba, MI Restaurants Investment Opportunities Market Analysis

    Explore 7 restaurants for sale in Escanaba, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 24,669 square feet of properties for sale, with an estimated market value of $2,575,000.

    Sale prices for restaurant properties in Escanaba, MI start at $270,000, averaging $515,000, and reaching up to $700,000 — 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

    Bars & Pubs 3
    Conventional restaurants 2

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49829 $559K

    Taxes & Financing

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

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