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    Petersburg, MI
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    Petersburg, MI Restaurants for Sale

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    Deerfield, MI Dundee, MI Ida, MI
    Remodeled Restaurant in Downtown Petersburg
    $240,000
    Remodeled Restaurant in Downtown Petersburg

    36 Saline St, Petersburg, MI 49270

    Turn-key restaurant opportunity in downtown Petersburg, ready for business.
    • 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).
    Updated: Jul 31, 2025
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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.

    Established Restaurant with Outdoor Patios
    $895,000
    5,076 SF
    Established Restaurant with Outdoor Patios

    Turn-key Mexican restaurant with potential and outdoor seating.

    11191 Telegraph Road, Erie, MI 48133

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    New Mixed-Use Building For Sale
    $814,999
    8,820 SF
    New Mixed-Use Building For Sale

    100% occupied, newly constructed mixed-use building near Ohio/Michigan border.

    6195 Lewis Ave, Toledo, OH 43612

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    Prime Toledo Strip Center Opportunity
    Contact for pricing
    15,220 SF
    Prime Toledo Strip Center Opportunity

    Fully occupied strip center in high-traffic Toledo location.

    5752 Secor Rd, Toledo, OH 43623

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    Established Restaurant with Outdoor Patios
    $895,000
    5,076 SF
    Established Restaurant with Outdoor Patios

    Turn-key Mexican restaurant with licenses and outdoor seating.

    11191 Telegraph, Erie, MI 48133

    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.

    Prime Commercial Development Site Dundee
    $995,000
    2.01 Acres
    Prime Commercial Development Site Dundee

    2.01 acre commercial development site on Tecumseh Street.

    470 Tecumseh Street, Dundee, MI 48131

    View details
    Land For Sale
    $79,000
    0.83 Acres
    Land For Sale

    0.83 acre land available for purchase.

    8008 Lewis Ave, Temperance, MI 48182

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    Monroe Commercial Land for Sale
    $149,900
    4.81 Acres
    Monroe Commercial Land for Sale

    4.8 acres of commercial land in Monroe, Michigan.

    S Custer Road, Monroe, MI 48161

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    Prime Commercial Land Near US-23
    $1,900,000
    18.53 Acres
    Prime Commercial Land Near US-23

    18.53 acre commercial land parcel with US-23 visibility.

    Arkona Road, Milan, MI 48160

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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
    1,996 SF Lot: 0.12 Acres
    Value Estimation by Request

    36 Saline St, Petersburg, MI 49270-8300

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    16015 Ida W Rd
    RESTAURANT
    2,200 SF Lot: 1.15 Acres
    Value Estimation by Request

    16015 Ida W Rd, Petersburg, MI 49270-8400

    View details
    46 Ctr St
    BAR, TAVERN
    4,548 SF Lot: 0.13 Acres
    Value Estimation by Request

    46 Ctr St, Petersburg, MI 49270-2500

    View details
    2965 Haines Rd
    RESTAURANT
    1,457 SF Lot: 0.26 Acres
    Value Estimation by Request

    2965 Haines Rd, Petersburg, MI 49270-9523

    View details
    116 Saline St
    BAR, TAVERN
    2,964 SF Lot: 0.12 Acres
    Value Estimation by Request

    116 Saline St, Petersburg, MI 49270-8301

    View details

    Petersburg, MI Restaurants Investment Opportunities Market Analysis

    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

    Conventional restaurants 2
    Turn key 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 median 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 sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

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