Muskegon, MI Restaurants for Sale

List

Map

North Muskegon, MI Muskegon Heights, MI Roosevelt Park, MI Norton Shores, MI Lake, MI Fruitport, MI Whitehall, MI Twin Lake, MI

17 properties

Sort:

Updated: Feb 27, 2025

Iconic Restaurant & Bar For Sale

1300 W Sherman Boulevard, Muskegon, MI 49441

$424,900

2,505 sqft 1.09 AC lot

Turn‑key restaurant and bar, includes staff, inventory, amenities, and licenses.
High‑traffic location on a main street with a large parking lot.
Seating for over 100 with room to expand on 1+ acre.
Updated floors, exterior, newer deck, bathrooms, and kitchen.
Established business with a great reputation and decades of community presence.

View details

This listing looks promising.

Here's a quick look at some key insights for

1300 W Sherman Boulevard, Muskegon, MI 49441

View Property Analytics

Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$32K
Annual
Price @ 7% Cap

$463K
Above asking

View Property Analytics

Updated: May 12

Downtown Muskegon Commercial Opportunity

557 W Western Avenue, Muskegon, MI 49440

$297,000

1,131 sqft 0.02 AC lot

Proven track record of success as a restaurant and ice cream/sandwich shop.
Located in the desirable downtown Muskegon Historic District.
Enjoy Muskegon Lake and cruise ship views.
Proximity to Muskegon Lumberjacks arena, Frauenthal Center, and Bike Time events.
Central air conditioning.

View details

Restaurant Space with Included Equipment

2106 S Getty Street, Muskegon, MI 49444

$125,000

1,152 sqft 0.12 AC lot

For sale restaurant property with an on-site office and included, ready-to-use equipment package.

View details

Versatile Commercial Building with Updates

2808 Milliron Rd, Muskegon, MI 49444

$350,000

9,000 sqft 2.90 AC lot

Remodeled commercial building suitable for various uses, ample parking.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Nightclub and Entertainment Venue

604 E Sherman Boulevard, Muskegon, MI 49444

$99,000

4,198 sqft 0.43 AC lot

Vacant venue needing renovation, with liquor licenses included and 4,198 SF for entertainment-driven concepts.

View details

Turn-Key Restaurant with Outdoor Seating

1125 W Hackley Avenue, Muskegon, MI 49441

$175,000

1,593 sqft 0.32 AC lot

Turn-key restaurant on a high-traffic road with parking, signage, and outdoor seating for seasonal dining.

View details

Established Bar/Tavern on Airline Highway

3680 Airline Highway, Muskegon, MI 49444

$180,000

2,200 sqft 0.47 AC lot

Turnkey bar/tavern with real estate and liquor license included.

View details

Wendy's Restaurant Investment Opportunity

1865 East Sherman Boulevard, Muskegon, MI 49444

$1,600,000

3,193 sqft 1.13 AC lot

Single-tenant Wendy's in Muskegon, MI with long-term lease.

View details

Restaurant Opportunity Near Seaway Drive

3232 Glade Street, Muskegon, MI 49444

$99,900

0.13 AC lot

Remodeled restaurant space with high visibility and accessibility features.

View details

Former Restaurant Space For Sale

1780 E Sherman Blvd, Muskegon, MI 49444

$1,500,000

3,626 sqft

3,626 SF former restaurant space available for sale.

View details

Remodeled Bar/Restaurant with Rooftop Deck

609 West Western Avenue, Muskegon, MI 49440

$565,000

2,744 sqft

Remodeled bar/restaurant in downtown Muskegon with rooftop deck.

View details

Retail Center Restaurant Space

W 950 W Norton Avenue Unit SourceFi, Muskegon, MI 49441

Contact for pricing

1,938 sqft

Available retail unit within Park Place retail center on a high-traffic Norton Avenue and Henry Street corridor.

View details

Downtown Muskegon Restaurant Opportunity

557 W Western Ave, Muskegon, MI 49440

$297,000

Restaurant building for sale in the Historic District.

View details

Iconic Restaurant & Bar For Sale

1300 W Sherman Blvd, Muskegon, MI 49441

$424,900

1.09 AC lot

Turn-key restaurant and bar with seating for over 100.

View details

Corner Lot Redevelopment Opportunity

3186 East Apple Avenue, Muskegon, MI 49442

$79,000

47,001 sqft 1.08 AC lot

Corner lot with existing structure, ideal for redevelopment.

View details

Free-Standing Restaurant Building

5624 E. Apple Avenue, Muskegon, MI 49442

Contact for pricing

Fully equipped, freestanding restaurant on a hard-corner location, available for lease or owner-user purchase with included FF&E.

View details

Restaurant Building For Sale

3232 Glade Street, Muskegon, MI 49444

$99,900

0.13 AC lot

Remodeled restaurant building with excellent visibility and accessibility.

View details

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Muskegon, MI, we suggest to view alternatives - similar 3 Off-Market properties to explore as potential leads.

Off-Market Properties in Muskegon, MI

Consider similar Off-Market properties in Muskegon, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

1308 Sherman Blvd, Muskegon, MI 49441-3539

Value Estimation by Request

5,304 sqft 0.56 AC lot

View details

Restaurants

600 Shoreline Dr, Muskegon, MI 49441

Value Estimation by Request

98,530 sqft

View details

Restaurants

5510 Harvey St, Muskegon, MI 49444

Value Estimation by Request

510 sqft

View details

Muskegon, MI Restaurants Market Trends and Statistics

Explore 20 restaurants for sale in Muskegon, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 78,343 square feet of properties for sale, with an estimated market value of $5,394,900.

Sale prices for restaurant properties in Muskegon, MI start at $79,000, averaging $490,445, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 130K

Population Growth (5Y) +6.3%

Median Household Income $59,650

College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49442	$130K
49445	$339.9K
49441	$341.6K
49440	$741.8K
49444	$769.9K

Taxes & Financing

Tax Rate (average for all types) 4.60%

Property Tax per SF $90.35 per SF

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

Retail

Property Size Breakdown

The majority of commercial real estate listings in Muskegon fall within the 50,000 to 100,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings