Add Listing
    Memphis, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Memphis, MI Restaurants for Sale

    Notify Me
    List
    Map
    Columbus, MI Riley, MI Richmond, MI
    Turn-Key Retail and Restaurant Building
    $187,000
    1,242 SF
    Turn-Key Retail and Restaurant Building

    80820 Main Street, Memphis, MI 48041

    Commercially zoned Main Street storefront with updated interiors, partial basement storage, and existing kitchen exhaust and fire suppression.
    • Commercially zoned building built in 1900 in the historic Memphis business district.
    • Updated interior with new flooring and fully updated bathrooms.
    • Freshly sealed roof for immediate property value.
    • Partial basement adds additional storage space.
    • Commercial kitchen infrastructure includes an existing commercial exhaust system and fire suppression equipment included with the sale.
    Updated: Dec 15, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Turn Key Bar & Grill
    $599,900
    5,400 SF
    Turn Key Bar & Grill

    Established bar and grill with entertainment space on 1.5 acres.

    521 24th Street, Port Huron, MI 48060

    View details
    Port Huron Commercial Land Opportunity
    $529,900
    1.50 Acres
    Port Huron Commercial Land Opportunity

    1.5-acre commercial land with high traffic and highway access.

    521 24th Street, Port Huron, MI 48060

    View details
    Turn-Key Ice Cream Parlor
    $500,000
    Turn-Key Ice Cream Parlor

    Profitable ice cream parlor in downtown Marysville with loyal customers.

    1826 Gratiot Blvd, Marysville, MI 48040

    View details
    Restaurant Property with Drive-Thru
    $1,110,000
    Restaurant Property with Drive-Thru

    Single tenant restaurant property with drive-thru in Detroit MSA.

    1501 Gratiot Blvd, Marysville, MI 48040

    View details

    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
    $425,000
    6.93 Acres
    General Commercial Land Parcel

    Commercially zoned development land with substantial frontage on two roads and utilities available on Gratiot.

    65002 Gratiot Road, New Haven, MI 48050

    View details
    Commercial Land Kimball Twp
    $299,000
    0.90 Acres
    Commercial Land Kimball Twp

    Prime commercial land near expressway, ideal for store or restaurant.

    Smiths Creek, MI 48074

    View details
    Vacant Commercial Lot Zoned C-2
    $250,000
    0.47 Acres
    Vacant Commercial Lot Zoned C-2

    Build-ready vacant parcel in Macomb Township, zoned C-2 for commercial development.

    16701 25 Mile Road, Macomb, MI 48042

    View details
    Commercial Development Land Parcel
    $699,000
    205,168 SF
    Commercial Development Land Parcel

    Flat, hard-corner commercial land with full access from two roads and utilities available at the street.

    5010 Marine City Hwy, East China, MI 48054

    View details

    Off-Market Properties in Memphis, MI

    Consider similar Off-Market properties in Memphis, 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.

    80874 Main St
    BAR, TAVERN
    2,100 SF Lot: 0.09 Acres
    Value Estimation by Request

    80874 Main St, Memphis, MI 48041-4907

    View details

    Memphis, MI Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Memphis, MI on our real estate platform. These investment opportunities span a total of 1,242 square feet of properties for sale, with an estimated market value of $187,000.

    Sale prices for restaurant properties in Memphis, MI start at $187,000, averaging $187,000, and reaching up to $187,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 4,385
    Population Growth (5Y) -2.3%
    Median Household Income $87,599
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48041 $187K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $71.18 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Restaurants for Sale Near Memphis, MI

    Popular Searches in Memphis, MI

    Most Searched ZIP Codes in Memphis, MI

    • 48041

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!