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    Mio, MI
    Restaurants

    Mio, MI Restaurants for Sale

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    Fairview, MI Luzerne, MI Rose City, MI Comins, MI Grayling, MI Lewiston, MI Curran, MI Lupton, 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
    Restaurant with Included FF&E
    Updated: Jul 10, 2025
    Restaurant with Included FF&E

    509 S Morenci, Mio, MI 48647

    $150,000
    320 sqft 0.26 AC lot
    320‑square‑foot restaurant building on a 0.26‑acre parcel
    Business furniture, fixtures, and equipment included
    Originally developed for the Blenderz franchise
    Open north‑side area for expansion or additional utilization
    Steel construction with vinyl exterior elements and membrane roof
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    Coffee Shop with Included FF&E
    Coffee Shop with Included FF&E

    509 S Morenci, Mio, MI 48647

    $150,000
    320 sqft

    Built in 2024 with business furniture, fixtures, and equipment 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 10 Potential Opportunities for your consideration. Besides 3 Active listings in Mio, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Bar Building with Liquor License
    Bar Building with Liquor License

    5447 N M 33, Rose City, MI 48654

    $200,000
    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.

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    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
    Drive-Through Restaurant with Brick Building
    Drive-Through Restaurant with Brick Building

    Rose City, MI 48654

    Contact for pricing
    3,484 sqft 0.84 AC lot

    Fully equipped food-service property with dining, kitchen, parking, and pylon signage.

    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.

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    Commercial Land Near Interstate Exit
    Commercial Land Near Interstate Exit

    W M-76, West Branch, MI 48661

    $200,000
    4.24 AC lot

    Commercial parcel with natural gas and municipal water available, plus municipal sewer close by.

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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.

    View details

    Mio, MI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Mio, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,356 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for restaurant properties in Mio, MI start at $150,000, averaging $225,000, 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 4
    Breakfast & diners 1
    Coffee shops 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 $225K

    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%

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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: 19898266100
    www.detrichrealestate.com

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