Escanaba, MI Restaurants for sale

Updated: Nov 19, 2025

Turnkey Bar and Apartment Building

1117 Ludington Street, Escanaba, MI 49829

$530,000

2,164 sqft · 0.08 AC lot

Turnkey, fully operational bar in a high‑visibility downtown location with established customer loyalty.
Significant value‑add opportunity with an upstairs apartment space ready for renovation into housing, rental income, or office space.
Modern renovation with newer mechanicals and a functional layout for efficient bar operations.
Over 2,000 square feet of updated space with ample seating, group areas, and renovated restrooms.
Prime placement in Escanaba's developing downtown district.

View details

This listing looks promising.

Here's a quick look at some key insights for

1117 Ludington Street, Escanaba, MI 49829

View Property Analytics

Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$28K
Annual
Mortgage

$73K
Recorded

View Property Analytics

Updated: Mar 30

Escanaba Commercial Corner Property

1636 Ludington Street, Escanaba, MI 49829

$700,000

11,000 sqft · 0.70 AC lot

Corner commercial building in Escanaba with two businesses: La Cantina Mexican restaurant and Novak's used car sales and repair shop
Restaurant pays $3,200/month plus all utilities; owners want to sign a long‑term lease
Restaurant and garage have separate heating/cooling systems; garage includes a natural gas heater and a wood furnace
Garage includes an office and bathroom; repair shop/used car sales are leaving but will take equipment like a car hoist, large air compressor, and tire racks
Roof over the restaurant replaced in 2025 with rubberized sealing (cost $40,000)

View details

Escanaba Turnkey Entertainment Venue

224 Stephenson Avenue, Escanaba, MI 49829

$480,000

4,805 sqft · 0.19 AC lot

Fully operational entertainment venue in central Escanaba with growth potential.

View details

North Side Bar with Outdoor Patio

1530 Sheridan Road, Escanaba, MI 49829

$249,000

2,300 sqft · 0.28 AC lot

Well-equipped bar with indoor seating and a fenced outdoor patio, plus updated systems and established entertainment amenities.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

High-Visibility Commercial Building in Escanaba

201 N Lincoln Street, Escanaba, MI 49829

$575,000

4,400 sqft · 0.23 AC lot

Prime commercial property with high traffic and endless potential.

View details

Escanaba Corner Property with Restaurant

1636 Ludington, Escanaba, MI 49829

$700,000

Mixed-use property featuring a restaurant and auto shop.

View details

Retail/Restaurant Opportunity in Escanaba

601 N. Lincoln Road, Escanaba, MI 49829

Contact for pricing

Freestanding building with high visibility and access in Escanaba.

View details

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.

Iconic Restaurant and Bar Opportunity

10468 S Main Street, Rapid River, MI 49878

$299,900

3,938 sqft · 0.26 AC lot

Historic restaurant and bar with potential for additional income.

View details

Turnkey Restaurant with Walk-Ins

N17480 US Highway 141 Road, Pembine, WI 54156

$349,000

2,472 sqft · 3.49 AC lot

Fully operational restaurant sale includes equipment, furnishings, and dedicated cooler and freezer space.

View details

Turnkey Restaurant in Beecher

N17480 US HIGHWAY 141, Pembine, WI 54156

$349,000

Fully operational restaurant with equipment and furnishings included in sale.

View details

Prime Land in Rapid River

7683 US2 Highway, Rapid River, MI 49878

$49,900

1.97 AC lot

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

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.

Commercial Lot in Manistique

183 FT Oak Street, Manistique, MI 49854

$65,000

18,126 sqft · 0.42 AC lot

Paved corner lot suitable for various commercial ventures.

View details

Commercial Land on Highway 2

737 E Lakeshore Drive, Manistique, MI 49854

$450,000

0.97 AC lot

Prime vacant lot in high-traffic commercial area.

View details

Manistique Commercial Land For Sale

6838 W US2 Highway, Manistique, MI 49854

$350,000

14.34 AC lot

Vacant land with highway frontage near Lake Michigan.

View details

Prime Commercial Lot For Sale

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000

2,335 sqft · 0.20 AC lot

High-visibility commercial lot in Iron Mountain, Michigan.

View details

Escanaba, MI Restaurants Market Trends and Statistics

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 $2,534,000.

Sale prices for restaurant properties in Escanaba, MI start at $249,000, averaging $506,800, 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.

Neighborhood	Average Price
49829	$539K

Neighborhood

Average Price

49829

$539K