Restaurants

Petoskey, MI Restaurants for Sale

Notify Me
List
Map
Harbor Springs, MI Alanson, MI Boyne Falls, MI Boyne City, MI Charlevoix, MI Brutus, MI Pellston, MI East Jordan, MI
Restaurant with Tavern License Opportunity
Updated: Jul 20
Restaurant with Tavern License Opportunity

3890 Charlevoix Avenue, Petoskey, MI 49770

$99,000
2,150 sqft
Wood frame construction with natural gas forced‑air heating
Metal roof
Bayside Restaurant in Petoskey/Bay Harbor, MI offers breakfast and lunch service
Tavern license available to future tenants with application to the State
Public remarks note potential to add dinner and/or catering services (subject to business decisions)
View details
Bayside Restaurant with Tavern License
Updated: Jul 6
Bayside Restaurant with Tavern License

3890 Charlevoix Ave, Petoskey, MI 49770

$120,000
2,150 sqft
Well‑established restaurant in Petoskey/Bay Harbor offering breakfast and lunch
Tavern license available to future tenants with application to the State
Opportunity to expand with added dinner service or catering to grow revenue streams
View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Petoskey, 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 Bakery and Creperie
Turnkey Bakery and Creperie

110 S Lake Street, Boyne City, MI 49712

$695,000
1,629 sqft 0.25 AC lot

For sale turnkey bakery and creperie with a fully equipped commercial kitchen and included business assets.

View details
Turnkey Restaurant in Downtown Charlevoix
Turnkey Restaurant in Downtown Charlevoix

311 Bridge Street, Charlevoix, MI 49720

$55,000
1,007 sqft

Profitable restaurant business for sale in high-traffic downtown location.

View details
Gildas' Lake Street Bakery ForSale
Gildas' Lake Street Bakery ForSale

110 S Lake St, Boyne City, MI 49712

$695,000
0.25 AC lot

Turnkey bakery and creperie in Boyne City, Michigan.

View details
Turn-Key Restaurant with Liquor License
Turn-Key Restaurant with Liquor License

111 Bridge St, Charlevoix, MI 49720

Contact for pricing

Turn-key restaurant business for sale with 105 seats, liquor license, catering, and established takeout.

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.

Commercial Land with Security Lease
Commercial Land with Security Lease

1518 & 1520 Bridge Street, Charlevoix, MI 49720

$795,000
2,900 sqft 1.50 AC lot

Multiple parcels total 1.5 acres with frontage on three roads, currently leased to a security company.

View details
Vacant Commercial Buildable Parcel
Vacant Commercial Buildable Parcel

11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

$175,000
1.93 AC lot

Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

View details
Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

View details
Commercial Land in Gaylord, MI
Commercial Land in Gaylord, MI

Five Lakes, Gaylord, MI 49735

$215,000
4.11 AC lot

4+ acre commercial land parcel zoned B3 with I75 exposure.

View details

Petoskey, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 4,300 square feet of properties for sale, with an estimated market value of $219,000.

Sale prices for restaurant properties in Petoskey, MI start at $99,000, averaging $109,500, and reaching up to $120,000 — 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

Conventional restaurants 2
Bars & Pubs 1

Demographics Overview

Population 18K
Population Growth (5Y) +4.9%
Median Household Income $80,431
College Educated 68.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49770 $120K

Taxes & Financing

Tax Rate (average for all types) 2.30%
Property Tax per SF $9.63 per SF
Tax Rate vs County Average 1.82 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

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