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    Montague, MI
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    Montague, MI Restaurants for Sale

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    Whitehall, MI Muskegon, MI Twin Lake, MI Rothbury, MI North Muskegon, MI Holton, MI New Era, MI Shelby, MI
    Renovated Restaurant with Event Space
    Updated: Aug 21
    Renovated Restaurant with Event Space

    8725 Water Street, Montague, MI 49437

    $600,000
    4,000 sqft 0.17 AC lot
    Approximately 4,000 SF restaurant property on a 0.17‑acre lot
    Indoor capacity for 99 guests: 50 in the restaurant and up to 49 in the event area
    Modern commercial kitchen with specialty pizza equipment, commercial hood, and fire‑suppression components
    2024 interior renovation and 2026 event‑area completion with new flooring, walls, and ceiling
    Direct event‑area access to Weathervane Lane and Montague's Social District
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    This listing looks promising.

    Here's a quick look at some key insights for

    8725 Water Street, Montague, MI 49437

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Mortgage

      $280K
      Apr 2024

    • Last Sold

      Apr 2024
      $350K

    • Property Type

      Commercial (General)
      Built 1960
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Montague, 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.

    Updated Restaurant Building with Kitchen
    Updated Restaurant Building with Kitchen

    W 108 W Colby Street Unit SourceFi, Whitehall, MI 49461

    $270,000
    1,288 sqft

    Updated restaurant building with a professionally updated commercial kitchen, ADA restroom, and rear storage area.

    View details
    Versatile Commercial Space on Oceana Drive
    Versatile Commercial Space on Oceana Drive

    2598 S Oceana Dr, Shelby, MI 49455

    $75,000
    5,000 sqft

    5000 sq ft building on large lot, flexible use.

    View details
    Mixed-Use Restaurant with Apartment
    Mixed-Use Restaurant with Apartment

    216 N Michigan Avenue, Shelby, MI 49455

    $180,000
    4,514 sqft 0.10 AC lot

    Restaurant and bakery space on the main level with a separate 2-bedroom, 1-bath apartment above.

    View details
    Updated Restaurant Building with Kitchen
    Updated Restaurant Building with Kitchen

    108 W Colby St, Whitehall, MI 49461

    $270,000

    Updated commercial restaurant building features a professionally updated kitchen, ADA restroom, and rear storage space.

    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 on Whitehall Road
    Commercial Land on Whitehall Road

    2144 Whitehall Road, Muskegon, MI 49445

    $699,900

    Commercial land available on Whitehall Road in Muskegon, Michigan.

    View details
    Commercial Land
    Commercial Land

    3079 Apple Avenue, Muskegon, MI 49442

    $35,000
    0.59 AC lot

    A commercial land parcel with public water and sewer service, plus cable availability.

    View details
    Land Parcel with Road Frontage
    Land Parcel with Road Frontage

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

    View details
    Vacant Land with Three-Street Frontage
    Vacant Land with Three-Street Frontage

    957-983 E Broadway Ave, Norton Shores, MI 49444

    $85,000

    Vacant C-2 zoned land in Norton Shores with frontage on three streets and room for parking, storage, and outdoor vehicle enclosures.

    View details

    Montague, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Montague, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for restaurant properties in Montague, MI average $600,000 — 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

    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 6,622
    Population Growth (5Y) -5.2%
    Median Household Income $77,224
    College Educated 35.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Muskegon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Muskegon County

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