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    Manistique, MI Restaurants for Sale

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    Thompson, MI Gulliver, MI Cooks, MI
    Historic Tavern Near Kitch-iti-kipi
    Updated: May 12, 2025
    Historic Tavern Near Kitch-iti-kipi

    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 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 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.

    Iconic Restaurant and Bar Opportunity
    Iconic Restaurant and Bar Opportunity

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft · 0.26 AC lot

    Historic restaurant and bar with potential for additional income.

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    Munising Commercial Property For Sale
    Munising Commercial Property For Sale

    209 E Superior Street, Munising, MI 49862

    $399,000
    1,300 sqft · 0.15 AC lot

    High-visibility commercial property in Munising, Michigan, with restaurant and living quarters.

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    Highway M-28 Commercial Property
    Highway M-28 Commercial Property

    601 West Munising Avenue, Munising, MI 49862

    $382,102
    2,411 sqft

    Versatile commercial building on Highway M-28 in Munising, Michigan.

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    Prime Land in Rapid River
    Prime Land in Rapid River

    7683 US2 Highway, Rapid River, MI 49878

    $49,900
    1.97 AC lot

    Commercial land with high traffic exposure in Rapid River, MI.

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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 Lot in Manistique
    Commercial Lot in Manistique

    183 FT Oak Street, Manistique, MI 49854

    $65,000
    18,126 sqft · 0.42 AC lot

    Paved corner lot suitable for various commercial ventures.

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    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.

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    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.

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    Prime Commercial Land in Negaunee
    Prime Commercial Land in Negaunee

    362-368 E US41/M28 Highway, Negaunee, MI 49866

    $2,495,000
    5.00 AC lot

    High-exposure commercial land on US Highway 41/28 in Negaunee.

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    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
    View details
    370 Lakeshore Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    370 Lakeshore Dr, Manistique, MI 49854-1418

    Value Estimation by Request
    1,404 sqft
    View details
    1263 State Hwy M149
    BAR, TAVERN

    1263 State Hwy M149, Manistique, MI 49854

    Value Estimation by Request
    5,055 sqft · 21.82 AC lot
    View details
    9257 State Hwy M149
    BAR, TAVERN

    9257 State Hwy M149, Manistique, MI 49854

    Value Estimation by Request
    3,965 sqft · 1.00 AC lot
    View details
    607 Lakeshore Dr
    RESTAURANT

    607 Lakeshore Dr, Manistique, MI 49854-1679

    Value Estimation by Request
    7,574 sqft
    View details
    220 Cedar St
    RESTAURANT

    220 Cedar St, Manistique, MI 49854-1426

    Value Estimation by Request
    2,184 sqft · 0.06 AC lot
    View details
    242 Cedar St
    BAR, TAVERN

    242 Cedar St, Manistique, MI 49854-1426

    Value Estimation by Request
    4,420 sqft
    View details
    204 Cedar St
    BAR, TAVERN

    204 Cedar St, Manistique, MI 49854-1426

    Value Estimation by Request
    1,564 sqft · 0.04 AC lot
    View details
    8891 Boot Lk Rd
    BAR, TAVERN

    8891 Boot Lk Rd, Manistique, MI 49854

    Value Estimation by Request
    4,635 sqft · 75,358.00 AC lot
    View details
    8905 Boot Lk Rd
    BAR, TAVERN

    8905 Boot Lk Rd, Manistique, MI 49854

    Value Estimation by Request
    2,496 sqft · 30.02 AC lot
    View details
    9264 Us Hwy 2nd 2
    TAKE-OUT RESTAURANT

    9264 Us Hwy 2nd 2, Manistique, MI 49854

    Value Estimation by Request
    1,320 sqft · 0.84 AC lot
    View details

    Manistique, MI Restaurants Market Trends and Statistics

    Explore 12 restaurants for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $415,000.

    Sale prices for restaurant properties in Manistique, MI start at $415,000, averaging $415,000, 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

    Bars & Pubs 1

    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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