Restaurants

Munising, MI Restaurants for Sale

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Shingleton, MI Au Train, MI Chatham, MI Manistique, MI Deerton, MI Trenary, MI Wetmore, MI Marquette, MI
Restaurant with Living Quarters
Updated: Apr 28
Restaurant with Living Quarters

209 E Superior Street, Munising, MI 49862

$399,000
1,300 sqft 0.15 AC lot
1,300 SF restaurant building on a 0.15‑acre parcel
Currently operating as a Mexican restaurant
Outdoor deck, patio, and concrete side yard
Private lower‑level living quarters
Built in 1956 with forced‑air heating
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Highway M-28 Commercial Property
Updated: Sep 25, 2025
Highway M-28 Commercial Property

601 West Munising Avenue, Munising, MI 49862

$382,102
2,411 sqft
Prime Location: Situated on high‑traffic Highway M‑28, ensuring maximum visibility.
Versatile 2,411 SqFt Interior: Offers flexible space easily customized for various business types with an open floor plan.
Ample Parking: Provides convenient parking for customers and employees.
High Visibility: Features large windows and prominent signage opportunities.
Scenic Location: Located in Munising, near Pictured Rocks National Lakeshore, with views of Lake Superior.
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Turn-Key Coffee Shop & Building
Turn-Key Coffee Shop & Building

319 E Superior Street, Munising, MI 49862

$1,100,000

Turn-key downtown coffee shop opportunity on a 50x142 lot with a custom-built commercial building 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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Munising, 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.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

201 S Cedar Street, Manistique, MI 49854

$205,000
3,360 sqft

Commercial space with a full kitchen and upstairs residential quarters.

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Multi-Tenant Commercial Building For Sale
Multi-Tenant Commercial Building For Sale

3060 US-41, Marquette, MI 49855

Contact for pricing
30,660 sqft 2.10 AC lot

30,660 SF multi-tenant commercial building in Marquette Township.

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Established Brewery Business Opportunity
Established Brewery Business Opportunity

501 S Lake Street, Marquette, MI 49855

Contact for pricing

Award-winning brewery for sale with equipment, recipes, and branding.

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Bar and Restaurant with Gas Pumps
Bar and Restaurant with Gas Pumps

1263 M149 Highway, Manistique, MI 49854

$415,000
4,000 sqft 21.82 AC lot

Restaurant and tavern with outdoor dining and direct access to Trail 7 in Manistique, Michigan.

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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.

Prime Land in Rapid River
Prime Land in Rapid River

7683 US2 Highway, Rapid River, MI 49878

$49,900
1.97 AC lot

Commercial land with high traffic exposure in Rapid River, MI.

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Manistique Commercial Land For Sale
Manistique Commercial Land For Sale

6838 W US2 Highway, Manistique, MI 49854

$350,000
14.34 AC lot

Vacant land with highway frontage near Lake Michigan.

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Commercial Land on Highway 2
Commercial Land on Highway 2

737 E Lakeshore Drive, Manistique, MI 49854

$450,000
0.97 AC lot

Prime vacant lot in high-traffic commercial area.

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Prime Commercial Land in Negaunee
Prime Commercial Land in Negaunee

362-368 E US41/M28 Highway, Negaunee, MI 49866

$2,495,000
5.00 AC lot

High-exposure commercial land on US Highway 41/28 in Negaunee.

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Munising, MI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Munising, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,711 square feet of properties for sale, with an estimated market value of $1,881,102.

Sale prices for restaurant properties in Munising, MI start at $382,102, averaging $627,034, and reaching up to $1,100,000 — 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

Coffee shops 2
Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49862 $593.4K

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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