Restaurants

Kaleva, MI Restaurants for Sale

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Bear Lake, MI Brethren, MI Copemish, MI Thompsonville, MI Wellston, MI Onekama, MI Manistee, MI Arcadia, MI
Turn-Key Bar and Restaurant
Updated: Jun 29
Turn-Key Bar and Restaurant

9289 Walta Street, Kaleva, MI 49645

$599,000
5,159 sqft 1.15 AC lot
Class C liquor license included, plus dance license and Sunday sales, with outdoor service and beer/wine carry‑out sales.
Restaurant/bar includes full kitchen equipment: walk‑in cooler, pizza oven, flat‑top grill, ovens, and ice maker (5–6 taps listed).
Bar and entertainment included: all seating, 3 pool tables, and weekly pool & Euchre nights.
Two separate parcels: main building plus dedicated across‑the‑street parking, with an outdoor courtyard for dining and summer events.
Comfort features include forced‑air heating and central air; broadband available; cable available.
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Turn-Key Restaurant and Bar
Updated: Jul 4
Turn-Key Restaurant and Bar

9289 Walta St, Kaleva, MI 49645

$599,000
Turn‑key Kaleva bar & restaurant with full Class C liquor license included
Restaurant setup includes walk‑in cooler, pizza oven, flat‑top grill, ovens, and ice maker
Bar equipment: 6 taps plus seating and outdoor beer/wine carry out sales
Outdoor seating/courtyard for outdoor dining and summer events, plus two parcels (building and across‑the‑street parking)
Recent updates: roof replaced in last two years and newly installed feature wall
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Kaleva, 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.

Waterfront Motel and Marina Complex
Waterfront Motel and Marina Complex

215 & 217 Arthur St, Manistee, MI 49660

$985,000
9,000 sqft 1.40 AC lot

Waterfront and US-31 frontage motel and marina complex with restaurant building and eight boat slips.

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Turnkey Restaurant with Outdoor Patio
Turnkey Restaurant with Outdoor Patio

9567 Chippewa Highway, Bear Lake, MI 49614

$439,900
3,800 sqft 2.37 AC lot

Turnkey bar/restaurant operation with outdoor patio seating, two kitchens, and included liquor license.

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Waterfront Motel and Marina
Waterfront Motel and Marina

215 & 217 Arthur St Unit SourceFi, Manistee, MI 49660

$985,000
9,000 sqft

Motel and marina with long-term rental units, a restaurant, and lake frontage with eight boat slips.

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Turn-Key Bar & Restaurant With Patio
Turn-Key Bar & Restaurant With Patio

9567 Chippewa Highway, Bear Lake, MI 49614

$439,900

Bar and restaurant operation with seating for 130, outdoor patio, and included equipment, fixtures, and Class C liquor license.

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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

E Parkdale Avenue, Manistee, MI 49660

$89,000
1.05 AC lot

C-1-zoned land with public sewer and cable availability near West Shore Hospital.

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Manistee Land For Sale
Manistee Land For Sale

1130 E Parkdale Avenue, Manistee, MI 49660

$170,000
4.37 AC lot

4.37 acre commercial land with high traffic and development potential.

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Level Commercial Land
Level Commercial Land

Manistee Highway, Manistee, MI 49660

$94,900
0.60 AC lot

Highway parcel with broadband and cable availability near established retail, lodging, and public-service uses.

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Highway Commercial Land
Highway Commercial Land

Manistee Highway, Manistee, MI 49660

$94,900
0.60 AC lot

Level commercial site with public water and cable available.

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Kaleva, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Kaleva, MI on our real estate platform. These investment opportunities span a total of 5,159 square feet of properties for sale, with an estimated market value of $1,198,000.

Sale prices for restaurant properties in Kaleva, MI average $599,000 — 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 2
Conventional restaurants 2
Commercial kitchens 1

Demographics Overview

Population 1,806
Population Growth (5Y) +19.4%
Median Household Income $45,000
College Educated 17.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49645 $599K

Taxes & Financing

Tax Rate (average for all types) 2.83%
Tax Rate vs County Average 0.97 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

Retail

Residential Income

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