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    Mio, MI
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    Mio, MI Restaurants for Sale

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    Luzerne, MI Fairview, MI Lewiston, MI
    Turn-Key Diner in Mio, MI
    $375,000
    1,716 SF
    Turn-Key Diner in Mio, MI

    611 S Morenci Avenue, Mio, MI 48647

    Profitable, owner-operated diner with loyal customer base for sale.
    • 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
    Updated: May 18
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    Mio Commercial Restaurant Opportunity
    $150,000
    320 SF
    Mio Commercial Restaurant Opportunity

    509 S Morenci, Mio, MI 48647

    Commercial restaurant property in Mio, Michigan with expansion potential.
    • High traffic location with city sidewalks and lighting.
    • Includes all business furniture, fixtures, and equipment.
    • Virtually new construction (built in 2024).
    • Owner financing available.
    • Great commercial opportunity for various business types.
    Updated: Jul 10, 2025
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    Affordable Bar/Restaurant Near AuSable River
    $265,000
    32,670 SF
    Affordable Bar/Restaurant Near AuSable River

    Quaint bar/restaurant near AuSable River in Mio, Michigan.

    4700 Mckinley Road, Mio, MI 48647

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Resort on Sage Lake
    $950,000
    7,000 SF
    Resort on Sage Lake

    7000 sqft resort with multiple income opportunities on Sage Lake.

    814 Kenyon Road, Lupton, MI 48635

    View details
    Landmark Restaurant/Bar in Lewiston, MI
    $549,000
    6,630 SF
    Landmark Restaurant/Bar in Lewiston, MI

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

    4965 Salling Avenue, Lewiston, MI 49756

    View details
    Northern Michigan Landmark Restaurant/Bar
    $599,000
    6,000 SF
    Northern Michigan Landmark Restaurant/Bar

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

    4965 County Road 612, Lewiston, MI 49756

    View details
    Turnkey Restaurant and Cabin Rentals
    $590,000
    3,236 SF
    Turnkey Restaurant and Cabin Rentals

    Restaurant and cabin rentals near Rifle River State Park.

    3070 Lupton Road, Lupton, MI 48635

    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.

    Commercial Land Near I-75 Exit
    $200,000
    4.24 Acres
    Commercial Land Near I-75 Exit

    4.24 acre commercial lot near I-75, West Branch, MI.

    0 W M-76, West Branch, MI 48661

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    Commercial Lot in Richfield Township
    $84,900
    1.05 Acres
    Commercial Lot in Richfield Township

    Over one acre commercial lot near St. Helen Trailhead.

    Saint Helen, MI 48656

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    Roscommon Vlg Land Opportunity
    Contact for pricing
    0.16 Acres
    Roscommon Vlg Land Opportunity

    Commercial or residential land for sale in Roscommon Vlg.

    N MAIN Street, Roscommon, MI 48653

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    Commercial Parcel in Grayling, MI
    $101,550
    18,149 SF
    Commercial Parcel in Grayling, MI

    Commercial land parcel near Grayling Hospital, ready to build.

    North Down River Road, Grayling, MI 49738

    View details

    Mio, MI Restaurants Investment Opportunities Market Analysis

    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 34,706 square feet of properties for sale, with an estimated market value of $790,000.

    Sale prices for restaurant properties in Mio, MI start at $150,000, averaging $263,333, 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

    Bars & Pubs 1
    Breakfast & diners 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 median 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%

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