Restaurants

Manistee, MI Restaurants for Sale

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Eastlake, MI Free Soil, MI Onekama, MI Kaleva, MI Bear Lake, MI Brethren, MI Ludington, MI Fountain, MI
Waterfront Motel and Marina Complex
Updated: Aug 12, 2025
Waterfront Motel and Marina Complex

215 & 217 Arthur St, Manistee, MI 49660

$985,000
9,000 sqft 1.40 AC lot
Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access
Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers
Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
High‑traffic US‑31 corridor with highway frontage as well as lake frontage
1995 construction with vinyl siding, composition roof, forced‑air heat, and central air
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Equipped Restaurant Space
Updated: Aug 20, 2025
Equipped Restaurant Space

719 Kosciusko Street, Manistee, MI 49660

$219,000
2,191 sqft 0.20 AC lot
2,191 SF restaurant property on a 0.2‑acre parcel
Dining room accommodates more than 40 guests
Eight‑foot exhaust hood with fire suppression
Six‑burner gas range, four‑foot flat‑top grill, and half‑size convection oven
Refrigeration equipment included in the sale
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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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Equipped Restaurant with Commercial Kitchen
Equipped Restaurant with Commercial Kitchen

719 KOSCIUSKO ST, Manistee, MI 49660

Contact for pricing
2,191 sqft

Restaurant space with seating for more than 40 guests and a commercial kitchen equipped for food preparation.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Manistee, 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.

Turn-Key Bar and Restaurant
Turn-Key Bar and Restaurant

9289 Walta Street, Kaleva, MI 49645

$599,000
5,159 sqft 1.15 AC lot

Turn-key bar and restaurant with a full Class C liquor license and complete kitchen and bar equipment included.

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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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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

9289 Walta St, Kaleva, MI 49645

$599,000

Turn-key restaurant and bar offering a full Class C liquor license and complete kitchen and seating for immediate operation.

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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.

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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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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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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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, MI Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Manistee, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,382 square feet of properties for sale, with an estimated market value of $2,189,000.

Sale prices for restaurant properties in Manistee, MI start at $219,000, averaging $729,666, and reaching up to $985,000 — 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 6
Commercial kitchens 3

Demographics Overview

Population 15K
Population Growth (5Y) +1.2%
Median Household Income $62,211
College Educated 30.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49660 $678.6K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Tax Rate vs County Average 0.07 pp above 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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