Restaurants

Leonidas, MI Restaurants for Sale

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Bar and Tavern Building with Liquor License
Updated: Jun 24
Bar and Tavern Building with Liquor License

31011 M 60, Leonidas, MI 49066

$120,000
4,431 sqft 0.58 AC lot
Approximately 4,431 SF commercial building on a highly visible M‑60 corridor
Includes a valuable Class A Liquor License
Previously operated as a neighborhood bar and tavern
Heating: forced air; cooling: central air
Well water source and septic tank sewer
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Restaurant/Bar Building with Liquor License
Updated: Jun 22
Restaurant/Bar Building with Liquor License

31011 M 60, Leonidas, MI 49066

$120,000
4,431 sqft
Freestanding commercial restaurant/bar building with approximately 4,431 SF
Highly visible location on M‑60 corridor
Class A liquor license included with the sale
Former neighborhood bar and tavern; suitable for bar, restaurant, entertainment venue, or private club (subject to local approvals)
Ample parking and excellent road frontage
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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 Leonidas, 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.

Downtown Mixed-Use Building
Downtown Mixed-Use Building

13 N Main Street, Three Rivers, MI 49093

$299,900
4,439 sqft 0.06 AC lot

Mixed-use building with street-level restaurant/retail space, two upstairs one-bedroom apartments, and a full basement.

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Mixed-Use Building in Downtown
Mixed-Use Building in Downtown

13 N Main St, Three Rivers, MI 49093

$324,900
0.06 AC lot

Mixed-use building with restaurant space and apartments in downtown.

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Commercial Land Corner Development Site
Commercial Land Corner Development Site

1330 E Centre Avenue, Portage, MI 49002

$475,000
2.43 AC lot

Commercial development land on the SE corner, served by public water and public sewer with cable available.

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Commercial Land with Retail Frontage
Commercial Land with Retail Frontage

7090 S Westnedge Avenue, Portage, MI 49002

$799,000
1.45 AC lot

Development parcel along an active retail corridor with utilities available at the street.

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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 on High Traffic
Commercial Land on High Traffic

26865 US-12, Sturgis, MI 49091

$299,000
3.85 AC lot

3.85 acre commercial land parcel on high traffic road.

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Commercial Land For Sale
Commercial Land For Sale

6035 S 12th Street, Portage, MI 49024

$139,000

Commercial land available for sale in Kalamazoo County.

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Commercial Lot on Westnedge Avenue
Commercial Lot on Westnedge Avenue

1813 S Westnedge Avenue, Kalamazoo, MI 49008

Contact for pricing

Vacant commercial lot on a high-traffic corridor.

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Commercial Lot on Westnedge Avenue
Commercial Lot on Westnedge Avenue

1817 S Westnedge Avenue, Kalamazoo, MI 49008

Contact for pricing
0.12 AC lot

Vacant commercial lot on high-traffic Westnedge Avenue in Kalamazoo.

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Leonidas, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Leonidas, MI on our real estate platform. These investment opportunities span a total of 8,862 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for restaurant properties in Leonidas, MI average $120,000 — 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 1

Demographics Overview

Population 784
Population Growth (5Y) +21.0%
Median Household Income $65,625
College Educated 11.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49066 $130K

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $42.81 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Joseph County

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