Lake Odessa, MI
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    Lake Odessa, MI Restaurants for Sale

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    Clarksville, MI Saranac, MI Freeport, MI
    Modern Commercial Gym Building
    $140,000
    900 SF
    Modern Commercial Gym Building

    7225 Saddlebag Lake Road, Lake Odessa, MI 48849

    Newer 900 SF building on a busy intersection in Lake Odessa, suited for fitness, office, or restaurant concepts.
    • 0.42 acre lot with a new 900 sqft building.
    • Located on a busy intersection in Lake Odessa, 10 minutes from I‑96.
    • Zoned ''General Commercial'' offering many uses such as restaurants and office buildings.
    • Brand new well and septic system.
    • Includes a bathroom and storage space.
    Updated: Dec 27, 2025
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    Brand-New Commercial Building with Bathroom
    $260,000
    900 SF
    Brand-New Commercial Building with Bathroom

    Lake Odessa, MI 48849

    Gym building on a busy intersection with Woodland Township General Commercial zoning for flexible tenant or buyer use.
    • 1.42‑acre property with a brand new 900 SF building currently used as a gym
    • Building includes a bathroom and storage space
    • New well and septic system installed for the property
    • Metal roof
    • Woodland Township zoning: General Commercial, allowing flexible use (including restaurants and office buildings per listing)
    Updated: Dec 21, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Odessa, 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.

    Historic Bar & Grill Restaurant
    $379,000
    3,830 SF
    Historic Bar & Grill Restaurant

    For sale historic Alto Bar & Grill, established in 1900, offering steaks and an extensive bourbon collection.

    6064 Linfield Avenue SE, Alto, MI 49302

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    Restaurant For Sale in Hastings MI, Barry County, MI
    $349,000
    2,066 SF
    Restaurant For Sale in Hastings MI, Barry County, MI

    Cafe Style Restaurant For Sale in Hasting, Barry County, MI

    228 N. Jefferson St, Hastings, MI 49058

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    Historic Bar & Grill Restaurant
    $379,000
    0.12 Acres
    Historic Bar & Grill Restaurant

    For sale historic Alto bar and grill with long-running history and a built-in food-and-drink offering.

    6064 Linfield Avenue SE, Alto, MI 49302

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    Turnkey Sports Bar and Grille
    $899,000
    7,920 SF
    Turnkey Sports Bar and Grille

    Turnkey sports bar and grille with full bar, grille program, and extensive entertainment equipment.

    201 S Jefferson Street, Hastings, MI 49058

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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.

    General Commercial Land Parcel
    $120,000
    1.00 Acre
    General Commercial Land Parcel

    Zoned General Commercial at a busy intersection for retail or service development opportunities.

    7225 Saddlebag Lake Road, Lake Odessa, MI 48849

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    Prime Commercial Land Opportunity
    $140,000
    43,560 SF
    Prime Commercial Land Opportunity

    One acre of commercial land in Lake Odessa.

    7225 Saddlebag Lake Road, Lake Odessa, MI 48849

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    Vacant Commercial Land For Sale
    $224,900
    1.19 Acres
    Vacant Commercial Land For Sale

    1.19 acre commercial land with high visibility in Ionia.

    State Road, Ionia, MI 48846

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    Prime Development Site in Lansing
    $200,000
    0.63 Acres
    Prime Development Site in Lansing

    0.625-acre development site with high traffic and excellent visibility.

    728 N Cedar St, Lansing, MI 48906

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    Lake Odessa, MI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Lake Odessa, MI on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $400,000.

    Sale prices for restaurant properties in Lake Odessa, MI start at $140,000, averaging $200,000, and reaching up to $260,000 — 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

    Conventional restaurants 2

    Demographics Overview

    Population 5,801
    Population Growth (5Y) -3.2%
    Median Household Income $79,423
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48849 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $74.55 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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