Restaurants

Merritt, MI Restaurants for Sale

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Houghton Lake, MI Houghton Lake Heights, MI Lake City, MI Mc Bain, MI Harrison, MI Roscommon, MI Prudenville, MI Fife Lake, MI
Restaurant with Full Bar
Updated: Sep 22
Restaurant with Full Bar

Merritt, MI 49667

$189,900
4,144 sqft
4,144‑square‑foot restaurant on nearly 4 acres
Full bar, dining area, equipped kitchen, and recreation area with pool table
Three public entrances plus a private rear kitchen entrance
Tables, chairs, kitchen equipment, and other contents included
Liquor license and To‑Go license included
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Merritt, 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.

Restaurant and Bar with Patio
Restaurant and Bar with Patio

6263 W Houghton Lake Drive, Houghton Lake, MI 48629

$495,900
4,210 sqft 0.83 AC lot

A Class C Resort License and patio license accompany the existing restaurant property.

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Downtown Bar With Lake Views
Downtown Bar With Lake Views

117 S Main Street, Lake City, MI 49651

$475,000
2,300 sqft 0.05 AC lot

Brick-built bar with a dedicated outdoor patio and on-site parking lot.

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Waterfront Restaurant and Bar
Waterfront Restaurant and Bar

113 S Main Street, Lake City, MI 49651

$499,900
2,461 sqft 0.30 AC lot

Equipped dining and bar facility with an outdoor patio, parking lot, and downtown positioning near public lake access.

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Licensed Bar and Restaurant
Licensed Bar and Restaurant

6263 W Houghton Lake Drive, Houghton Lake, MI 48629

$495,000

A Class C Resort License and patio license are included with the property.

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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 Near Interchange
Commercial Land Near Interchange

N Clare Avenue, Harrison, MI 48625

$210,000
8.00 AC lot

Commercial-vacant acreage with road frontage and nearby Dollar General and gas stations, subject to deed restrictions.

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Corner Commercial Land
Corner Commercial Land

Parcel A Plett Road, Cadillac, MI 49601

$85,000
0.70 AC lot

Cleared, level commercial parcel along Plett Road with flexibility to remain standalone or combine with adjacent parcels.

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Cleared Commercial Development Land
Cleared Commercial Development Land

900 S Mitchell St., Cadillac, MI 49601

$249,000
1.12 AC lot

Cleared, level site with dual-street access and B-3 General Business zoning.

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C-2 Corner Commercial Land
C-2 Corner Commercial Land

N Down River Road, Grayling, MI 49738

$101,550
18,149 sqft 0.40 AC lot

Buildable corner parcel near Grayling Hospital with an approved lot split.

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Merritt, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Merritt, MI on our real estate platform. These investment opportunities span a total of 4,144 square feet of properties for sale, with an estimated market value of $189,900.

Sale prices for restaurant properties in Merritt, MI average $189,900 — 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
Conventional restaurants 1

Demographics Overview

Population 620
Population Growth (5Y) +14.0%
Median Household Income $46,806
College Educated 12.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49667 $189.9K

Taxes & Financing

Tax Rate (average for all types) 3.03%
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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