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    Mio, MI
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    Mio, MI Restaurants for Sale

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    Turn-Key Diner in Mio, MI
    Updated: May 18
    Turn-Key Diner in Mio, MI

    611 S Morenci Avenue, Mio, MI 48647

    $375,000
    1,716 sqft 0.30 AC lot
    Turn‑key diner business with strong, positive profit
    Loyal customer base with high demand (lines out the door)
    Prime visibility on high‑traffic State Highway M‑33
    Includes all furniture, fixtures, and equipment (FF&E)
    Owner‑operated with established daily breakfast and lunch specials
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    Turnkey Restaurant With Expansion Area
    Updated: Jul 10, 2025
    Turnkey Restaurant With Expansion Area

    509 S Morenci, Mio, MI 48647

    $150,000
    320 sqft 0.26 AC lot
    Commercial space built as a Blenderz franchise with business furniture, fixtures, and equipment included
    Vacant north‑side area available for expansion or additional utilization
    Parking lot on site for off‑street parking
    Steel construction with vinyl and steel exterior materials
    Membrane roof
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    Turnkey Restaurant with Expansion Area
    Turnkey Restaurant with Expansion Area

    Mio, MI 48647

    $150,000
    320 sqft

    Turnkey restaurant sale with included furniture, fixtures, and equipment and an additional north-side area for growth.

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    Turnkey Restaurant with Equipment
    Turnkey Restaurant with Equipment

    463 S Mount Tom Rd, Mio, MI 48647

    $119,000

    Restaurant property includes commercial kitchen equipment and ample parking, offered vacant with immediate occupancy.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Mio, 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.

    Turnkey Restaurant with Dining Room
    Turnkey Restaurant with Dining Room

    4949 Long Lake Road, Hale, MI 48739

    $305,000
    2,527 sqft 1.07 AC lot

    Turnkey restaurant includes extensive kitchen equipment and a dining room seating about 60 with handicap access.

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    Landmark Restaurant/Bar in Lewiston, MI
    Landmark Restaurant/Bar in Lewiston, MI

    4965 Salling Avenue, Lewiston, MI 49756

    $549,000
    6,630 sqft 3.30 AC lot

    Established restaurant/bar with seating for 240 on 3+ acres.

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    Northern Michigan Landmark Restaurant/Bar
    Northern Michigan Landmark Restaurant/Bar

    4965 County Road 612, Lewiston, MI 49756

    $549,000
    6,000 sqft 3.00 AC lot

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

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    Turnkey Restaurant with Dining Room
    Turnkey Restaurant with Dining Room

    Hale, MI 48739

    $349,900

    Turnkey restaurant with seating for about 60, handicap access, and an equipment package included in the sale.

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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 Richfield Township
    Commercial Lot in Richfield Township

    Saint Helen, MI 48656

    $84,900
    1.05 AC lot

    Over one acre commercial lot near St. Helen Trailhead.

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    Roscommon Vlg Land Opportunity
    Roscommon Vlg Land Opportunity

    N MAIN Street, Roscommon, MI 48653

    Contact for pricing
    0.16 AC lot

    Commercial or residential land for sale in Roscommon Vlg.

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    Commercial Land with Utilities Available
    Commercial Land with Utilities Available

    W M-76, West Branch, MI 48661

    $200,000
    4.24 AC lot

    Commercially zoned land with natural gas and municipal water, with sewer nearby, suited for hospitality or office development.

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

    N Down River Road, Grayling, MI 49738

    $101,550
    18,149 sqft 0.40 AC lot

    Build-ready corner parcel near Grayling Hospital, zoned C-2 and approved for a recent lot split.

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    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 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

    Breakfast & diners 2
    Conventional restaurants 2
    Coffee shops 1
    Commercial kitchens 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 $263.3K

    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%

    Total CRE Inventory on Market (SF)

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