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    Ithaca, MI Restaurants for Sale

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    North Star, MI Ashley, MI Alma, MI Middleton, MI Saint Louis, 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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    18-Hole Golf Course with Clubhouse
    Updated: Jun 17
    18-Hole Golf Course with Clubhouse

    1508 N State Road, Ithaca, MI 48847

    $1,250,000
    3,000 sqft
    Public 18‑hole golf course with a par 70 layout spanning approximately 5,600 yards
    Located just north of Ithaca with direct access off US‑127 and frontage on public roads
    Clubhouse with pro shop, bar and grill area, gathering space, and outdoor amenities
    Practice facilities plus league and outing capabilities, with revenue potential from daily play, memberships, tournaments, and events
    Ample parking on site; freestanding property with asphalt roof
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    Operating Restaurant Building For Sale
    Operating Restaurant Building For Sale

    1335 E Center St, Ithaca, MI 48847

    $1,000,000
    3,350 sqft

    3,350 SF restaurant building for sale on E Center Street.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Ithaca, 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.

    Restaurant Tavern with Outdoor Bar
    Restaurant Tavern with Outdoor Bar

    6681 N Lumberjack Road, Riverdale, MI 48877

    $399,000
    6,560 sqft 0.37 AC lot

    Turnkey tavern and restaurant with added outdoor bar, updated septic, and backup generator, plus additional space above.

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    Turnkey Restaurant with Patio Seating
    Turnkey Restaurant with Patio Seating

    256 W Saginaw Road, Hemlock, MI 48626

    $315,000
    3,845 sqft

    Turnkey restaurant condo with a fully equipped kitchen, bar and dining area, plus outdoor patio and deck seating.

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    Historic Tavern with Award-Winning Fish
    Historic Tavern with Award-Winning Fish

    Riverdale, MI 48877

    $399,900
    4,000 sqft

    Turnkey restaurant/tavern with rental potential and updated amenities.

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    Farm-to-Table Restaurant & Microbrewery
    Farm-to-Table Restaurant & Microbrewery

    Hemlock, MI 48626

    $2,600,000
    5.95 AC lot

    Award-winning restaurant and microbrewery on 6 acres near Hemlock Semiconductor.

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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 Downtown Alma
    Commercial Land in Downtown Alma

    323 W Superior St, Alma, MI 48801

    $750,000
    1.30 AC lot

    1.3 acres of commercial land near Alma College.

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    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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    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

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

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    Commercial Land in Union Twp
    Commercial Land in Union Twp

    Mount Pleasant, MI 48858

    $149,900
    1.36 AC lot

    1.36 acres of commercial land in Union Township, Michigan.

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    Ithaca, MI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Ithaca, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,350 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for restaurant properties in Ithaca, MI start at $1,000,000, averaging $1,166,666, 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 $1.1M

    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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