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Manistique, MI

Restaurants

Manistique, MI Restaurants for Sale

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Gulliver, MI Thompson, MI Cooks, MI Garden, MI Rapid River, MI Germfask, MI Nahma, MI Gould City, MI

Bar and Restaurant with Gas Pumps

Updated: May 12, 2025

Bar and Restaurant with Gas Pumps

1263 M149 Highway, Manistique, MI 49854

$415,000

4,000 sqft 21.82 AC lot

Rare and transferable Michigan Original 550 Resort Liquor License (statewide, unrestricted by population).
Prime location near Kitch‑iti‑kipi (Palms Book State Park) with over 200,000 annual visitors.
Direct access to Trail 7, appealing to ORV, snowmobile, and outdoor enthusiasts.
Established and thriving business with a long history and strong community ties.
Features outdoor dining and gas pumps, enhancing customer convenience.

Mixed-Use Building with Apartment

Updated: Jul 26

Mixed-Use Building with Apartment

201 S Cedar Street, Manistique, MI 49854

$205,000

3,360 sqft

3,360‑square‑foot mixed‑use property at 201 S Cedar Street, Manistique
Main‑level commercial area with customer seating, display windows, break room, and public restroom
Commercial kitchen includes a heavy‑duty gas cooking line, Chinese‑style wok range, walk‑in cooler, and walk‑in freezer
Upper‑level 3‑4 bedroom, 3‑bath apartment
Washer and dryer hookups; newer central a/c, furnace, and water heater

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 19 Potential Opportunities for your consideration. Besides 2 Active listings in Manistique, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 2 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.

Turnkey Bar and Restaurant Building

Turnkey Bar and Restaurant Building

1117 Ludington Street, Escanaba, MI 49829

$530,000

2,164 sqft 0.08 AC lot

Turnkey bar setup with renovated restrooms, newer mechanicals, and an unfinished upstairs apartment space.

Restaurant with Living Quarters

Restaurant with Living Quarters

209 E Superior Street, Munising, MI 49862

$399,000

1,300 sqft 0.15 AC lot

Operating restaurant with outdoor deck, side-yard area, and a private lower level.

Turnkey Bar and Restaurant Building

Turnkey Bar and Restaurant Building

1117 Ludington Street, Escanaba, MI 49829

$599,000

2,164 sqft

Turnkey bar and restaurant with renovated restrooms, front-to-back layout, and basement storage plus an upstairs apartment.

Turn-Key Coffee Shop & Building

Turn-Key Coffee Shop & Building

319 E Superior Street, Munising, MI 49862

$1,100,000

Turn-key downtown coffee shop opportunity on a 50x142 lot with a custom-built commercial building and equipment included.

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 Highway 2

Commercial Land on Highway 2

737 E Lakeshore Drive, Manistique, MI 49854

$450,000

0.97 AC lot

Prime vacant lot in high-traffic commercial area.

Manistique Commercial Land For Sale

Manistique Commercial Land For Sale

6838 W US2 Highway, Manistique, MI 49854

$350,000

14.34 AC lot

Vacant land with highway frontage near Lake Michigan.

Off-Market Properties in Manistique, MI

Consider similar Off-Market properties in Manistique, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6788 Lakeshore Dr

RESTAURANT

6788 Lakeshore Dr, Manistique, MI 49854

Value Estimation by Request

2,550 sqft 0.95 AC lot

370 Lakeshore Dr

DRIVE-THRU RESTAURANT, FAST FOOD

370 Lakeshore Dr, Manistique, MI 49854-1418

$270,000

Estimated value

1,404 sqft

1263 State Hwy M149

BAR, TAVERN

1263 State Hwy M149, Manistique, MI 49854

$305,000

Estimated value

5,055 sqft 21.82 AC lot

9257 State Hwy M149

BAR, TAVERN

9257 State Hwy M149, Manistique, MI 49854

$310,000

Estimated value

3,965 sqft 1.00 AC lot

607 Lakeshore Dr

RESTAURANT

607 Lakeshore Dr, Manistique, MI 49854-1679

$480,000

Estimated value

7,574 sqft

220 Cedar St

RESTAURANT

220 Cedar St, Manistique, MI 49854-1426

$290,000

Estimated value

2,184 sqft 0.06 AC lot

242 Cedar St

BAR, TAVERN

242 Cedar St, Manistique, MI 49854-1426

$320,000

Estimated value

4,420 sqft

204 Cedar St

BAR, TAVERN

204 Cedar St, Manistique, MI 49854-1426

Value Estimation by Request

1,564 sqft 0.04 AC lot

8891 Boot Lk Rd

BAR, TAVERN

8891 Boot Lk Rd, Manistique, MI 49854

$295,000

Estimated value

4,635 sqft 75,358.00 AC lot

8905 Boot Lk Rd

BAR, TAVERN

8905 Boot Lk Rd, Manistique, MI 49854

$295,000

Estimated value

2,496 sqft 30.02 AC lot

9264 Us Hwy 2nd 2

TAKE-OUT RESTAURANT

9264 Us Hwy 2nd 2, Manistique, MI 49854

$300,000

Estimated value

1,320 sqft 0.84 AC lot

Manistique, MI Restaurants Market Trends and Statistics

Explore 13 restaurants for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 7,360 square feet of properties for sale, with an estimated market value of $620,000.

Sale prices for restaurant properties in Manistique, MI start at $205,000, averaging $310,000, and reaching up to $415,000 — 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

Demographics Overview

Population 6,148

Population Growth (5Y) -0.7%

Median Household Income $57,212

College Educated 27.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49854	$415K

Taxes & Financing

Tax Rate (average for all types) 4.41%

Property Tax per SF $81.50 per SF

Tax Rate vs County Average 0.84 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Schoolcraft County

New Delisted

Total CRE Inventory on Market (SF)

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