Restaurants

Gladstone, MI Restaurants for Sale

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Turnkey Tavern and Restaurant
Updated: Oct 15, 2024
Turnkey Tavern and Restaurant

403 N 17th Street, Gladstone, MI 49837

$185,000
1,212 sqft
Bungalow Tavern has served the community since 1934 and is fully operational for new ownership
Full bar plus table seating for approximately 45 guests, with two restrooms
Updated kitchen with new appliances and a walk‑in freezer
Sale includes liquor license and essential equipment (pool table and bar/restaurant equipment)
Recent upgrades include new flooring behind the bar and a new draft system with glycol cooling
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Gladstone, 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.

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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Remodeled Bar and Pool Hall
Remodeled Bar and Pool Hall

224 Stephenson Avenue, Escanaba, MI 49829

$480,000
4,805 sqft 0.19 AC lot

Hospitality venue with licensed on-premises and off-premises alcohol sales.

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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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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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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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Gladstone, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Gladstone, MI on our real estate platform. These investment opportunities span a total of 1,212 square feet of properties for sale, with an estimated market value of $185,000.

Sale prices for restaurant properties in Gladstone, MI average $185,000 — 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 1

Demographics Overview

Population 10K
Population Growth (5Y) +4.8%
Median Household Income $65,905
College Educated 31.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49837 $185K

Taxes & Financing

Tax Rate (average for all types) 3.93%
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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