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    Mio, MI Restaurants for Sale

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    Luzerne, MI Rose City, MI Lewiston, MI Curran, MI Lupton, MI South Branch, MI Hale, MI Long Lake, MI
    Breakfast Diner with Kitchen Equipment
    Updated: May 18
    Breakfast Diner with Kitchen Equipment

    611 S Morenci Avenue, Mio, MI 48647

    $375,000
    1,716 sqft 0.30 AC lot
    1,716 square feet on 0.3 acres
    Restaurant equipment, furnishings, fixtures, tables, chairs, and décor included
    Located along State Highway M‑33, also known as Morenci Avenue
    Breakfast and lunch service currently runs from 7 a.m. to 2 p.m.
    On‑site parking lot with accessible approach and ramp
    View details
    Mixed-Use Property with Bowling Lanes
    Updated: Sep 17
    Mixed-Use Property with Bowling Lanes

    221 Morenci Avenue, Mio, MI 48647

    $90,000
    15,000 sqft
    15,000‑square‑foot mixed‑use property spanning three combined parcels
    Standalone restaurant with dining room and full‑service kitchen
    Vintage bowling lanes with an adjoining lounge area
    Separate main street‑facing office with independent street and sidewalk access
    Upper level with multiple rooms and a mostly finished basement
    View details
    Restaurant with Included FF&E
    Restaurant with Included FF&E

    509 S Morenci, Mio, MI 48647

    $150,000
    320 sqft 0.26 AC lot

    Compact food-service building with on-site parking and an open north-side area for additional use.

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    Restaurant with Expansion Area
    Restaurant with Expansion Area

    509 S Morenci, Mio, MI 48647

    $150,000

    Commercial zoning, included furniture, fixtures, and equipment, and a vacant area on the north side support flexible restaurant operations.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Mio, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Drive-Through Restaurant and Ice Cream Property
    Drive-Through Restaurant and Ice Cream Property

    309 Bennett Street, Rose City, MI 48654

    $599,900
    2,798 sqft 0.68 AC lot

    Restaurant and dessert operation with indoor service, patio seating, food preparation areas, and furnished equipment included.

    View details
    Bar Building with Liquor License
    Bar Building with Liquor License

    5447 N M 33, Rose City, MI 48654

    $190,000
    2,504 sqft

    A partial commercial tenancy leaves additional space for bar, restaurant, or liquor-store operations.

    View details
    Restaurant and Bar with Class C License
    Restaurant and Bar with Class C License

    4965 Salling Avenue, Lewiston, MI 49756

    $395,000
    6,630 sqft 3.30 AC lot

    Established restaurant and bar with separate entrances, updated systems, and included furnishings.

    View details
    Northern Michigan Landmark Restaurant/Bar
    Northern Michigan Landmark Restaurant/Bar

    4965 County Road 612, Lewiston, MI 49756

    Contact for pricing
    6,000 sqft 3.00 AC lot

    Established restaurant/bar with expansion potential near lakes and trails.

    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.

    Level Commercial Land
    Level Commercial Land

    Saint Helen, MI 48656

    $84,900
    1.05 AC lot

    Level vacant land with commercial zoning and well water.

    View details
    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.

    View details

    Mio, MI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Mio, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,036 square feet of properties for sale, with an estimated market value of $765,000.

    Sale prices for restaurant properties in Mio, MI start at $90,000, averaging $191,250, and reaching up to $375,000 — 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
    Breakfast & diners 1
    Drive through restaurants 1

    Demographics Overview

    Population 4,044
    Population Growth (5Y) -8.5%
    Median Household Income $50,594
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48647 $205K

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    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 Oscoda County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Mio, MI

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    Most Searched ZIP Codes in Mio, MI

    • 48647

    Featured Mio Real Estate Agencies

    Realmo connects you with licensed Mio CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Detrich Real Estate
    607 S. Morenci Mio, MI 48647
    Phone: (989) 826-6100
    www.detrichrealestate.com
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