Restaurants

Norway, MI Restaurants for Sale

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Vulcan, MI Quinnesec, MI Iron Mountain, MI Niagara, WI Kingsford, MI Hermansville, MI Pembine, WI Florence, WI
Restaurant and Bar with Bowling Lanes
Updated: Mar 26
Restaurant and Bar with Bowling Lanes

616 Main Street, Norway, MI 49870

$350,000
9,132 sqft 0.24 AC lot
Restaurant and bar building originally a bowling alley, with bowling lanes still installed
Full bar plus dining and entertainment space with seating/hosting room for private parties up to 100 guests
Heating: oil; cooling includes central air and an exhaust fan
Security lighting and off‑street parking with a parking lot
Public water service; rubber roof; built in 1947
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Restaurant and Bar with Bowling Lanes
Updated: Jul 20
Restaurant and Bar with Bowling Lanes

616 Main St, Norway, MI 49870

$350,000
Operating restaurant and bar with a full bar
Building originally a bowling alley with the bowling lanes still installed
Year built: 1947
Can host private parties of up to 100 guests
Space suited for meetings, social clubs, community groups, and special events
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Norway, 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 Ansul Fire Suppression
Turnkey Restaurant with Ansul Fire Suppression

N17480 US Highway 141 Road, Pembine, WI 54156

$349,000
2,472 sqft 3.49 AC lot

Fully operational restaurant with approx 55-seat dining area and included equipment and furnishings plus Ansul fire suppression.

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Restaurant Building with Highway Access
Restaurant Building with Highway Access

1605 N Stephenson Avenue, Iron Mountain, MI 49801

$329,500
3,288 sqft 0.48 AC lot

Updated plumbing and wiring support restaurant, retail, or professional office use.

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Leased Restaurant Property
Leased Restaurant Property

1600 S Stephenson Avenue, Iron Mountain, MI 49801

$495,000
2,528 sqft 0.66 AC lot

Restaurant property in commercial zoning, currently leased to a national chain pizza company.

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Turnkey Restaurant in Beecher
Turnkey Restaurant in Beecher

N17480 US HIGHWAY 141, Pembine, WI 54156

Contact for pricing

Fully operational restaurant with equipment and furnishings included in 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 Land with Existing Building
Commercial Land with Existing Building

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000
2,335 sqft 0.20 AC lot

A zoned commercial site with a 72-by-120 lot and an older 2,335 SF building on a main thoroughfare.

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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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Prime Land Near Highway
Prime Land Near Highway

US-41 Highway, Ishpeming, MI 49849

$150,000
21.00 AC lot

20+ acre commercial land parcel with highway frontage.

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Prime Land on US Highway
Prime Land on US Highway

362 E US41/M28 Highway, Negaunee, MI 49866

$995,000
2.00 AC lot

High-exposure land on a major highway near Marquette, Michigan.

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Norway, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Norway, MI on our real estate platform. These investment opportunities span a total of 9,132 square feet of properties for sale, with an estimated market value of $700,000.

Sale prices for restaurant properties in Norway, MI average $350,000 — 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 2
Conventional restaurants 2

Demographics Overview

Population 3,479
Population Growth (5Y) +4.8%
Median Household Income $55,795
College Educated 27.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49870 $350K

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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