Restaurants

Ithaca, MI Restaurants for Sale

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North Star, MI Ashley, MI Alma, MI Saint Louis, MI Middleton, MI Perrinton, MI Breckenridge, MI Saint Johns, MI
Public 18-Hole Golf Course
Updated: Jun 24
Public 18-Hole Golf Course

1508 N State Road, Ithaca, MI 48847

$1,250,000
3,000 sqft 119.00 AC lot
Public 18‑hole golf course with a par 70 layout spanning approximately 5,600 yards
Located just north of Ithaca with access directly off US‑127
Clubhouse includes a pro shop, bar and grill area, gathering space, and outdoor amenities
Practice facilities plus league and outing capabilities for daily play, memberships, and tournaments
Ample on‑site parking with parking lot accommodations
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Operating Restaurant Building For Sale
Updated: Mar 26
Operating Restaurant Building For Sale

1335 E Center St, Ithaca, MI 48847

$1,000,000
3,350 sqft
3,350 SF Operating Restaurant Building
Located on E Center Street (Business US‑127)
For Sale in Ithaca, MI
Built in 1998
Operating Restaurant
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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 9 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Freestanding Quick-Service Restaurant
Freestanding Quick-Service Restaurant

1490 Wright Ave, Alma, MI 48801

$780,771
3,043 sqft 0.73 AC lot

Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.

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Riverdale Tavern Bar and Pub
Riverdale Tavern Bar and Pub

6681 N Lumberjack Road, Riverdale, MI 48877

$375,000
6,560 sqft 0.37 AC lot

Established tavern property with an antique bar, outdoor service area, event tent, and additional upper-level space.

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Turn-Key Bar and Restaurant
Turn-Key Bar and Restaurant

308 N State Street, Alma, MI 48801

$200,000
1,220 sqft 0.09 AC lot

Fully equipped bar, updated seating, and entertainment space with street and rear parking for owner-operator continuity.

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Historic Restaurant and Tavern
Historic Restaurant and Tavern

Riverdale, MI 48877

$375,000

Commercially zoned restaurant with additional upper-level space, an outdoor bar, fencing, and an included tent.

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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.

Build-Ready Double Commercial Lot
Build-Ready Double Commercial Lot

Saint Louis, MI 48880

$50,000
0.51 AC lot

Build-ready commercial lot with easy access and parking/outdoor flexibility, formerly associated with Tony's Restaurant.

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Commercial Land with Highway Exposure
Commercial Land with Highway Exposure

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Commercially zoned corner land with expressway visibility and existing sewer, natural gas, and three-phase electric service.

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Commercial Land
Commercial Land

Mount Pleasant, MI 48858

$149,900
1.36 AC lot

Commercially zoned land with public water service in Union Township.

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Ithaca, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 6,350 square feet of properties for sale, with an estimated market value of $2,250,000.

Sale prices for restaurant properties in Ithaca, MI start at $1,000,000, averaging $1,125,000, and reaching up to $1,250,000 — 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
Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 5,812
Population Growth (5Y) -3.6%
Median Household Income $63,865
College Educated 14.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48847 $1.3M

Taxes & Financing

Tax Rate (average for all types) 3.28%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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