Restaurants

Petersburg, MI Restaurants for Sale

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Remodeled Restaurant in Downtown Petersburg
Updated: Jul 31, 2025
Remodeled Restaurant in Downtown Petersburg

36 Saline St, Petersburg, MI 49270

$240,000
Turn‑key restaurant ready for immediate operation and revenue generation.
Established restaurant location with a 40+ year history.
Ample parking including front, side alley access to a back parking lot, and proximity to a large city parking lot.
Remodeled restaurant in downtown Petersburg.
Convenient location just west of US23 and south of Dundee (one exit).
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, 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.

Restaurant Buildings For Sale
Restaurant Buildings For Sale

5038 & 5044 Lewis Ave, Toledo, OH 43612

$425,000
4,260 sqft

Two adjacent commercial buildings configured for restaurant use.

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Established Restaurant with Outdoor Patios
Established Restaurant with Outdoor Patios

11191 Telegraph Road, Erie, MI 48133

$895,000
5,076 sqft 5.67 AC lot

Turn-key Mexican restaurant with potential and outdoor seating.

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Established Restaurant with Outdoor Patios
Established Restaurant with Outdoor Patios

11191 Telegraph, Erie, MI 48133

$895,000
5,076 sqft

Turn-key Mexican restaurant with licenses and outdoor seating.

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Turnkey Bar and Entertainment Space
Turnkey Bar and Entertainment Space

1901 W Sylvania Ave, Toledo, OH 43613

$244,900

Former bar includes epoxy flooring, horseshoe bar setup, and multiple TVs, with two liquor licenses included.

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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 Commercial Development Site Dundee
Prime Commercial Development Site Dundee

470 Tecumseh Street, Dundee, MI 48131

$995,000
2.01 AC lot

2.01 acre commercial development site on Tecumseh Street.

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Land For Sale
Land For Sale

8008 Lewis Ave, Temperance, MI 48182

$79,000
0.83 AC lot

0.83 acre land available for purchase.

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Monroe Commercial Land for Sale
Monroe Commercial Land for Sale

S Custer Road, Monroe, MI 48161

$149,900
4.81 AC lot

4.8 acres of commercial land in Monroe, Michigan.

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Prime Commercial Land Near US-23
Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000
18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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Off-Market Properties in Petersburg, MI

Consider similar Off-Market properties in Petersburg, 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.

36 Saline St
RESTAURANT

36 Saline St, Petersburg, MI 49270-8300

Value Estimation by Request
1,996 sqft 0.12 AC lot
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16015 Ida W Rd
RESTAURANT

16015 Ida W Rd, Petersburg, MI 49270-8400

Value Estimation by Request
2,200 sqft 1.15 AC lot
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46 Ctr St
BAR, TAVERN

46 Ctr St, Petersburg, MI 49270-2500

Value Estimation by Request
4,548 sqft 0.13 AC lot
View details
2965 Haines Rd
RESTAURANT

2965 Haines Rd, Petersburg, MI 49270-9523

Value Estimation by Request
1,457 sqft 0.26 AC lot
View details
116 Saline St
BAR, TAVERN

116 Saline St, Petersburg, MI 49270-8301

Value Estimation by Request
2,964 sqft 0.12 AC lot
View details

Petersburg, MI Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Petersburg, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for restaurant properties in Petersburg, MI start at $240,000, averaging $240,000, and reaching up to $240,000 — 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

Conventional restaurants 1

Demographics Overview

Population 5,728
Population Growth (5Y) -3.1%
Median Household Income $89,412
College Educated 38.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49270 $240K

Taxes & Financing

Tax Rate (average for all types) 3.72%
Property Tax per SF $79.65 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

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