Restaurants

Ithaca, MI Restaurants for Sale

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Operating Restaurant Building For Sale
Updated: Mar 26
Operating Restaurant Building For Sale

1335 E Center St, Ithaca, MI 48847

$1,300,000
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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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 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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Restaurant and Catering Facility
Restaurant and Catering Facility

5556 E M 21, Saint Johns, MI 48879

$501,000
4,250 sqft 20.00 AC lot

Operating catering setup with a commercial kitchen, bar, and dining area on land with tillable acreage and wooded space.

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Bar with Entertainment Space
Bar with Entertainment Space

308 N State Street, Alma, MI 48801

$200,000
1,220 sqft 0.09 AC lot

Fully equipped bar featuring refreshed seating, an entertainment area, and on-site parking.

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Commercial Kitchen with Event Space
Commercial Kitchen with Event Space

Saint Johns, MI 48879

$501,000
4,250 sqft 20.00 AC lot

Operating catering facility with bar, dining area, parking lot, and direct exposure along M-21.

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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 Parcel
Commercial Land Parcel

Saint Louis, MI 48880

$50,000
0.51 AC lot

Vacant commercial parcel with Commercial zoning and cable availability at a St. Louis address.

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Commercial Land at Highway Corner
Commercial Land at Highway Corner

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

$2,100,000
8.00 AC lot

Commercially zoned corner site with municipal sewer, natural gas, and on-site three-phase electric.

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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 1 restaurants for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 3,350 square feet of properties for sale, with an estimated market value of $1,300,000.

Sale prices for restaurant properties in Ithaca, MI average $1,300,000 — 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
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 $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%

Total CRE Inventory on Market (SF)

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