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    Hale, MI Restaurants for Sale

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    Lupton, MI Whittemore, MI South Branch, MI
    Turnkey Restaurant Opportunity in Hale
    $349,900
    2,527 SF
    Turnkey Restaurant Opportunity in Hale

    4949 Long Lake Road, Hale, MI 48739

    Fully equipped restaurant with retail potential in Hale, Michigan.
    • Turnkey property with all equipment included in the sale.
    • Fully equipped kitchen featuring refrigerators, pizza oven, grills, fryers, and a walk‑in refrigerator/freezer.
    • Large dining room with seating for approximately 60 people.
    • Handicap access at the front of the property.
    • Side window ideal for serving external customers.
    Updated: Apr 24
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    Hale, MI Coney and Ice Cream Business
    $399,900
    1,150 SF
    Hale, MI Coney and Ice Cream Business

    482 Sage Lake Rd, Hale, MI 48739

    Established and known for their Coney's and Ice Cream shop, beer and wine license, prime location. High potential.
    • Thriving Coney and Ice Cream business for sale in Hale, MI, on over an acre at 482 N Sage Lake Rd.
    • Two buildings totaling 1,150 square feet, built in 2005 and renovated in 2011. Includes a fully equipped kitchen and ample prep space.
    • Offers soft‑serve ice cream, shakes, and 18 hand‑scooped ice cream flavors. A beer and wine license is included.
    • Exterior features include two walk‑in freezers, a 30x40 pole barn, a Generac generator, storage sheds, and a 34x56 covered picnic pavilion (added 2014).
    • Unique amenities include an outdoor movie screen and a putt‑putt golf course. The property is commercially zoned and all contents are included (excluding inventory and pole barn contents). Asking price: $444,900.
    Updated: Mar 20
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    Established Restaurant on Sage Lake
    $399,900
    1,150 SF
    Established Restaurant on Sage Lake

    Profitable restaurant with beer/wine license, equipment, and outdoor amenities.

    Hale, MI 48739

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    Former Bar and Restaurant Building
    $52,000
    2,752 SF
    Former Bar and Restaurant Building

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

    Hale, MI 48739

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Whittemore Inn: Mixed-Use Opportunity
    $179,900
    4,200 SF
    Whittemore Inn: Mixed-Use Opportunity

    Landmark property with apartments and equipped bar/restaurant in Whittemore.

    316 S Bullock Street, Whittemore, MI 48770

    View details
    Versatile Retail Space Near Skidway
    $75,000
    6,700 SF
    Versatile Retail Space Near Skidway

    Expansive retail space with restaurant section and efficient shipping zone.

    2370 Greenwood, Prescott, MI 48756

    View details
    Former Bar and Restaurant Building
    $52,000
    2,752 SF
    Former Bar and Restaurant Building

    2752 sq ft commercial building with ample parking.

    2250 E Greenwood, Prescott, MI 48739

    View details
    Historic Whittemore Inn Investment Opportunity
    $174,900
    4,200 SF
    Historic Whittemore Inn Investment Opportunity

    Seven studio apartments with potential for bar/restaurant revival.

    316 S Bullock Street, Whittemore, MI 48770

    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 Land on US-23
    $129,000
    0.51 Acres
    Commercial Land on US-23

    Half-acre commercial corner lot with high visibility on US-23.

    100 W Huron, Au Gres, MI 48703

    View details
    Commercial Lot in Richfield Township
    $84,900
    1.05 Acres
    Commercial Lot in Richfield Township

    Over one acre commercial lot near St. Helen Trailhead.

    Saint Helen, MI 48656

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    Prime Retail Location in Standish
    $400,000
    2.06 Acres
    Prime Retail Location in Standish

    2.06 acre lot ideal for retail development.

    NKA S Huron, Standish, MI 48658

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    Roscommon Vlg Land Opportunity
    Contact for pricing
    0.16 Acres
    Roscommon Vlg Land Opportunity

    Commercial or residential land for sale in Roscommon Vlg.

    N MAIN Street, Roscommon, MI 48653

    View details

    Hale, MI Restaurants Investment Opportunities Market Analysis

    Explore 4 restaurants for sale in Hale, MI, showcased through 4 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 $1,201,700.

    Sale prices for restaurant properties in Hale, MI start at $52,000, averaging $300,425, 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

    Bars & Pubs 1
    Conventional restaurants 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 $283.9K

    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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