Homer, MI Restaurants for sale

$299,000

2,923 SF

Turnkey Restaurant & Bar Opportunity

130 Washington Avenue, Iron River, MI 49935

Ready-to-operate restaurant and bar with living quarters in Iron River.

Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
Complete lineup of commercial equipment included (stove, fryers, coolers, POS system, etc.), minimizing startup costs.
Prime location in the heart of Iron County, near popular snowmobile and outdoor recreation trails, ensuring built‑in customer traffic.

Updated: Jan 12

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$72,500

8,084 SF

Historic Brick Commercial Building

208 Cherry Street, Iron River, MI 49935

Two-story historic building with utilities in place, parking, and alley-access drive-in garage area for flexible commercial use.

Historic brick building (former Stambaugh City Hall) with original wood doors and timeless brick detail.
Versatile space suitable for restaurant, brewery, office, retail, or nightclub.
Utilities are already in place.
Parking available on the side and on the street.
Drive‑in garage area with alley access.

Updated: Sep 22, 2025

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$179,000

15,138 SF

Commercial Property on 3.19 Acres

Commercial property on a corner lot, high traffic location.

6055 N M 99 N, Homer, MI 49245

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$169,000

15,138 SF

Homer Commercial Property on 3.19 Acres

Commercial property on 3.19 acres in high-traffic location.

6055 N M 99 N, Homer, MI 49245

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$179,000

15,138 SF

Commercial Property on 3.19 Acres

Commercial property on a corner lot, suitable for redevelopment.

6055 N M 99 N, Homer, MI 49245

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Homer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Waterfront Motel, Marina, and Restaurant

$985,000

9,000 SF

Waterfront Motel, Marina, and Restaurant

Commercial property with motel, marina, and restaurant on Manistee Lake.

215 & 217 Arthur St, Manistee, MI 49660

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Ludington Restaurant & Investment Opportunity

$969,000

8,208 SF

Ludington Restaurant & Investment Opportunity

Turnkey restaurant and income-producing property in downtown Ludington.

121 & 125 S James Street, Ludington, MI 49431

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$219,000

2,191 SF

Equipped Restaurant Space in Manistee

Turnkey restaurant space with equipment in a busy neighborhood.

719 Kosciusko Street, Manistee, MI 49660

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Ludington Commercial Building with Drive-Thru

Contact for pricing

11,000 SF

Ludington Commercial Building with Drive-Thru

11,000+ SF commercial building on 1.67A corner lot.

936 E Ludington Avenue, Ludington, MI 49431

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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.

$189,000

864 SF

Corner Retail Opportunity in Ludington

Highly visible corner lot suitable for various commercial uses.

94 N Meyers Road, Ludington, MI 49431

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$139,000

1.08 Acres

Ludington Commercial Land Opportunity

Commercial land parcel in high-traffic area with multiple uses.

4770 John Harlan Drive, Ludington, MI 49431

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$94,900

0.60 Acres

Prime Commercial Lot in Manistee

Commercial lot with high visibility and traffic count on highway.

Manistee Highway, Manistee, MI 49660

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$94,900

0.60 Acres

Commercial Lot in Prime Location

Commercial lot with high traffic and visibility on the highway.

Manistee Highway, Manistee, MI 49660

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Off-Market Properties in Homer, MI

Consider similar Off-Market properties in Homer, 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.

RESTAURANT

678 SF Lot: 0.30 Acres

Value Estimation by Request

236 Leigh St, Homer, MI 49245-1031

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RESTAURANT

2,568 SF Lot: 0.06 Acres

Value Estimation by Request

106 Main St, Homer, MI 49245-1137

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RESTAURANT

3,183 SF Lot: 0.14 Acres

Value Estimation by Request

131 Main St, Homer, MI 49245-1023

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BAR, TAVERN

2,980 SF Lot: 0.06 Acres

Value Estimation by Request

112 Main St, Homer, MI 49245-1137

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Homer, MI Restaurants Investment Opportunities Market Analysis

Explore 9 restaurants for sale in Homer, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 56,421 square feet of properties for sale, with an estimated market value of $898,500.

Sale prices for restaurant properties in Homer, MI start at $72,500, averaging $179,700, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49245	$175.7K

Neighborhood

Average Price

49245

$175.7K