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    Freeport, MI Restaurants for Sale

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    Downtown Diner Restaurant
    Updated: Jun 24, 2024
    Downtown Diner Restaurant

    112 N State Street, Freeport, MI 49325

    $240,000
    3,878 sqft 0.30 AC lot
    Smelk's Diner in downtown Freeport with seating for 54 diners, including counter seating with bar stools
    Dining area plus separate back‑of‑house area for food preparation and storage
    Basement includes extensive storage and an office space
    Most equipment to stay with the sale (see attached list)
    Home‑style building features: vinyl siding, composition roof, forced air heating, and central air
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    Diner Restaurant with Seating
    Updated: Jun 24, 2024
    Diner Restaurant with Seating

    112 N State Street, Freeport, MI 49325

    Contact for pricing
    3,878 sqft
    Smelk's Diner restaurant in Downtown Freeport
    Year built: 1940
    Dining seating for 54 diners, including counter seating with bar stools
    Separate back‑of‑house area for food preparation and storage
    Basement includes additional storage plus an office space
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Historic Bar & Grill Restaurant
    Historic Bar & Grill Restaurant

    6064 Linfield Avenue SE, Alto, MI 49302

    $379,000
    3,830 sqft 0.12 AC lot

    For sale historic Alto Bar & Grill, established in 1900, offering steaks and an extensive bourbon collection.

    View details
    Restaurant For Sale in Hastings MI, Barry County, MI
    Restaurant For Sale in Hastings MI, Barry County, MI

    228 N. Jefferson St, Hastings, MI 49058

    $349,000
    2,066 sqft 0.20 AC lot

    Cafe Style Restaurant For Sale in Hasting, Barry County, MI

    View details
    Turnkey Sports Bar and Grille
    Turnkey Sports Bar and Grille

    201 S Jefferson Street, Hastings, MI 49058

    Contact for pricing
    7,920 sqft

    Turnkey sports bar and grille with full bar, grille program, and extensive entertainment equipment.

    View details
    Historic Bar & Grill Restaurant
    Historic Bar & Grill Restaurant

    6064 Linfield Avenue SE, Alto, MI 49302

    $379,000
    0.12 AC lot

    For sale historic Alto bar and grill with long-running history and a built-in food-and-drink offering.

    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.

    Vacant Commercial Land For Sale
    Vacant Commercial Land For Sale

    State Road, Ionia, MI 48846

    $224,900
    1.19 AC lot

    1.19 acre commercial land with high visibility in Ionia.

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    Prime Land in Byron Center
    Prime Land in Byron Center

    82-136 100th Street, Byron Center, MI 49315

    $1,995,000
    3.20 AC lot

    Versatile land with high traffic, ideal for various commercial uses.

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    Prime Land in Byron Center
    Prime Land in Byron Center

    92 & 82 100th Street, Byron Center, MI 49315

    $895,000
    1.76 AC lot

    Versatile land with high visibility and development potential in Byron Center.

    View details
    Prime Land in Byron Center
    Prime Land in Byron Center

    82,92,112 100th Street, Byron Center, MI 49315

    $1,595,000
    2.47 AC lot

    Versatile land suitable for retail, restaurant, or hospitality development.

    View details

    Off-Market Properties in Freeport, MI

    Consider similar Off-Market properties in Freeport, 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.

    112 State St
    RESTAURANT

    112 State St, Freeport, MI 49325-9758

    Value Estimation by Request
    1,939 sqft 0.20 AC lot
    View details
    208 Division St
    BAR, TAVERN

    208 Division St, Freeport, MI 49325-5109

    Value Estimation by Request
    5,137 sqft 0.25 AC lot
    View details

    Freeport, MI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Freeport, MI on our real estate platform. These investment opportunities span a total of 7,756 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for restaurant properties in Freeport, MI average $240,000 — 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

    Breakfast & diners 5

    Demographics Overview

    Population 2,798
    Population Growth (5Y) +43.5%
    Median Household Income $82,361
    College Educated 29.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49325 $240K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Barry County

    New Delisted

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