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    Hale, MI
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    Hale, MI Restaurants for Sale

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    Long Lake, MI Whittemore, MI Sand Lake, MI National City, MI South Branch, MI Lupton, MI Tawas City, MI Prescott, MI
    Turnkey Restaurant with Dining Room
    Updated: Apr 24
    Turnkey Restaurant with Dining Room

    4949 Long Lake Road, Hale, MI 48739

    $305,000
    2,527 sqft 1.07 AC lot
    All equipment included in the sale, including a walk‑in refrigerator and freezer plus kitchen appliances and cooking equipment
    Large dining room seats approximately 60 people
    Outdoor equipment included: two storage sheds, a dumpster, a grease dumpster, and an ice freezer
    Handicap access at the front and broadband available
    Year built 1999 with aluminum siding and forced‑air heating
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    Established Restaurant on Sage Lake
    Updated: Apr 26
    Established Restaurant on Sage Lake

    Hale, MI 48739

    $399,900
    1,150 sqft 1.00 AC lot
    Established business with Coney Dog fame, located on Sage Lake Road on over an acre.
    Includes Beer and Wine license.
    Fully equipped and functional 1150 SQFT kitchen with maintained equipment.
    Two refurbished soft serve machines with multiple flavors and Dole Whip.
    30 x 40 Pole barn with cement floor and Generac Generator.
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    Hale, MI Coney and Ice Cream Business
    Hale, MI Coney and Ice Cream Business

    482 Sage Lake Rd, Hale, MI 48739

    $399,900
    1,150 sqft 1.11 AC lot

    Established and known for their Coney's and Ice Cream shop, beer and wine license, prime location. High potential.

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    Turnkey Restaurant with Dining Room
    Turnkey Restaurant with Dining Room

    Hale, MI 48739

    $349,900

    Turnkey restaurant with seating for about 60, handicap access, and an equipment package included in the sale.

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    Former Bar and Restaurant Building
    Former Bar and Restaurant Building

    Hale, MI 48739

    $52,000
    2,752 sqft 0.34 AC lot

    2752 sq ft building, former bar/restaurant, ample parking.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Hale, 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.

    Inn with Studio Apartments and Bar
    Inn with Studio Apartments and Bar

    316 S Bullock Street, Whittemore, MI 48770

    $179,900
    4,200 sqft 0.30 AC lot

    Whittemore Inn offers seven year-round studio apartments plus a fully equipped bar/restaurant currently not operational.

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    Drive-Through Restaurant Business
    Drive-Through Restaurant Business

    Prescott, MI 48756

    $199,000

    Turnkey ice cream and fast-food drive-thru available with included furnishings, equipment, and inventory.

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    Restaurant Building with Parking
    Restaurant Building with Parking

    2250 E Greenwood, Prescott, MI 48739

    $52,000
    2,752 sqft 0.34 AC lot

    2752 sq ft former bar and restaurant with extensive parking, situated across from Skidway Lake.

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    Inn with Bar and Studio Apartments
    Inn with Bar and Studio Apartments

    Whittemore, MI 48770

    $179,900

    Seven year-round studio apartments plus a fully equipped bar/restaurant, currently not operational, with solid infrastructure upgrades.

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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.

    Commercial Land with Utilities Available
    Commercial Land with Utilities Available

    W M-76, West Branch, MI 48661

    $200,000
    4.24 AC lot

    Commercially zoned land with natural gas and municipal water, with sewer nearby, suited for hospitality or office development.

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    Vacant Corner Commercial Lot
    Vacant Corner Commercial Lot

    100 W Huron, Au Gres, MI 48703

    $129,000
    0.51 AC lot

    Vacant half-acre corner lot along US-23 with utility access for adaptable commercial/town center development.

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    Commercial Lot in Richfield Township
    Commercial Lot in Richfield Township

    Saint Helen, MI 48656

    $84,900
    1.05 AC lot

    Over one acre commercial lot near St. Helen Trailhead.

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    Highway-Front Retail Land
    Highway-Front Retail Land

    NKA S Huron, Standish, MI 48658

    $400,000
    2.06 AC lot

    2.06-acre parcel fronting northbound M-13/US-23 in Standish, suited for retail development within city limits.

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    Hale, MI Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Hale, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,579 square feet of properties for sale, with an estimated market value of $1,506,700.

    Sale prices for restaurant properties in Hale, MI start at $52,000, averaging $301,340, and reaching up to $399,900 — 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

    Conventional restaurants 3
    Bars & Pubs 1
    Commercial kitchens 1

    Demographics Overview

    Population 3,511
    Population Growth (5Y) -10.9%
    Median Household Income $47,768
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48739 $310.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.86%
    Property Tax per SF $86.18 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Iosco County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Iosco County

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