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    Gould City, MI
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    Gould City, MI Restaurants for Sale

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    Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Mcmillan, MI Naubinway, MI Newberry, MI Manistique, MI
    Hospitality and Entertainment Complex
    Updated: Jul 21
    Hospitality and Entertainment Complex

    W16431 US-2, Gould City, MI 49838

    $450,000
    7,333 sqft
    Fully operational, income‑producing commercial property with 4 established revenue streams: restaurant/lounge, 8‑room motel, outdoor concert venue, and year‑round events.
    Includes a Michigan liquor license for on‑premise service, Sunday sales, and carry‑out alcohol purchases.
    Outdoor concert venue designed for up to 1,000‑person events.
    Recent upgrades include renovated restaurant and bar areas and updated motel bathrooms.
    Property features durable steel roofs plus a $35,000 commercial pizza oven and screened outdoor dining.
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    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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Gould City, 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.

    Brewery with Covered Dining
    Brewery with Covered Dining

    6352 N Lake Shore Drive, Harbor Springs, MI 49740

    $595,000
    3,797 sqft 1.52 AC lot

    Includes indoor dining, a covered outdoor bar and dining area, upper-level offices, and basement storage space.

    View details
    Restaurant Building with Outdoor Deck
    Restaurant Building with Outdoor Deck

    209 E Superior Street, Munising, MI 49862

    $399,000
    1,300 sqft 0.15 AC lot

    Established restaurant property with private lower-level living quarters and additional concrete side yard.

    View details
    Turn-Key Coffee Shop & Building
    Turn-Key Coffee Shop & Building

    319 E Superior Street, Munising, MI 49862

    $1,100,000

    Turn-key downtown coffee shop opportunity on a 50x142 lot with a custom-built commercial building and equipment included.

    View details
    Brewery Restaurant Building
    Brewery Restaurant Building

    6352 N Lake Shore Drive, Harbor Springs, MI 49740

    $595,000

    Includes indoor dining, a covered outdoor bar and dining area, offices, conference space, and basement storage.

    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.

    Paved Commercial Land
    Paved Commercial Land

    737 E Lakeshore Drive, Manistique, MI 49854

    $450,000
    0.97 AC lot

    Level commercial land with utility access and nearby retail anchors in Manistique’s east-side commercial district.

    View details

    Gould City, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Gould City, MI on our real estate platform. These investment opportunities span a total of 7,333 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for restaurant properties in Gould City, MI average $450,000 — 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
    Conventional restaurants 1

    Demographics Overview

    Population 434
    Population Growth (5Y) -14.4%
    Median Household Income $39,773
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49838 $450K

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Tax Rate vs County Average 1.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mackinac County

    New Delisted

    Total CRE Inventory on Market (SF)

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