Restaurants

Indian River, MI Restaurants for Sale

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Alanson, MI Topinabee, MI Wolverine, MI
Commercial/Industrial
Updated: Mar 16
Commercial/Industrial

3676 S Straits Highway, Indian River, MI 49749

$885,000
2,500 sqft
Well‑established and Profitable Business: Long‑standing reputation with loyal local and tourist customer base.
Prime Location: Situated in the heart of downtown Indian River.
Turnkey Operation: Sale includes business, names, equipment, recipes, buildings, and property.
Diverse Product Offering: Wide selection of candies, chocolates, fudge, caramel corn, and ice cream.
Year‑Round Operation: Open 7 days a week, catering to customers consistently.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Indian River, 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.

Office and Retail Building with Drive-Through
Office and Retail Building with Drive-Through

6232 River Street, Alanson, MI 49706

$239,900
1,344 sqft

Versatile office and retail building with a drive-through window, private office, kitchenette, and rear paved parking.

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Turn-Key Restaurant with Living Quarters
Turn-Key Restaurant with Living Quarters

7515 S U.S. 31 Highway, Alanson, MI 49706

$699,000
5,317 sqft

Fully equipped restaurant with living space and expansion potential.

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Established Breakfast and Lunch Restaurant
Established Breakfast and Lunch Restaurant

3890 Charlevoix Avenue, Petoskey, MI 49770

$120,000
2,150 sqft

Sale of a 2,150 SF restaurant offering breakfast and lunch; tavern license available with state application.

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Commercial Building in Petoskey, MI
Commercial Building in Petoskey, MI

403 Madison St, Petoskey, MI

$449,900
3,800 sqft · 0.35 AC lot

Commercial building with dining hall, kitchen, and parking.

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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 in High Traffic Area
Commercial Land in High Traffic Area

10351 N Straits Highway, Cheboygan, MI 49721

$147,500
1.50 AC lot

Commercial land in a high-traffic area with utilities available.

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Commercial Land in Gaylord, MI
Commercial Land in Gaylord, MI

Five Lakes, Gaylord, MI 49735

$215,000
4.11 AC lot

4+ acre commercial land parcel zoned B3 with I75 exposure.

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Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Commercial Land with I-75 Off-Ramp Frontage
Commercial Land with I-75 Off-Ramp Frontage

VL Johnson Road, Gaylord, MI 49735

$150,000
0.64 AC lot

B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

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Indian River, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $885,000.

Sale prices for restaurant properties in Indian River, MI start at $885,000, averaging $885,000, and reaching up to $885,000 — 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

Coffee shops 1

Demographics Overview

Population 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49749 $885K

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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