Restaurants

Portland, MI Restaurants for Sale

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Downtown Portland Retail Investment Opportunity
Updated: Sep 25, 2025
Downtown Portland Retail Investment Opportunity

117 East Grand River Avenue, Portland, MI 48875

$299,999
0.17 AC lot
Excellent retail location in Portland's thriving downtown business district.
Leased to a profitable restaurant with a liquor license.
Lease terminates in 2027.
Potential for long‑term tenant retention.
Opportunity for future sale to the tenant.
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portland, 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.

Ground-Leased Retail/Restaurant Building
Ground-Leased Retail/Restaurant Building

6524 W Saginaw Hwy, Lansing, MI 48917

Contact for pricing
6,893 sqft

Well-maintained 6,893 SF ground-leased building built in 2003, zoned C, with newly extended 15-year lease.

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Turnkey Restaurant and Bar
Turnkey Restaurant and Bar

208 S Cochran Avenue, Charlotte, MI 48813

$339,900
1,848 sqft 0.06 AC lot

Turnkey restaurant and bar with indoor and patio seating plus a full-service bar.

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Freestanding Restaurant with Liquor License
Freestanding Restaurant with Liquor License

6951 Lansing Rd., Charlotte, MI 48821

Contact for pricing
12,000 sqft

Freestanding restaurant building with three banquet rooms, sports pub, and outdoor seating, offered with a liquor license.

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Two-Tenant Retail Center with Parking
Two-Tenant Retail Center with Parking

5924 W Saginaw Hwy, Lansing, MI 48917

Contact for pricing
9,942 sqft 1.57 AC lot

Two corporately guaranteed NNN tenants occupy a two-tenant retail center with ample on-site parking.

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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.

Vacant Commercial Land For Sale
Vacant Commercial Land For Sale

State Road, Ionia, MI 48846

$224,900
1.19 AC lot

1.19 acre commercial land with high visibility in Ionia.

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Prime Development Site in Lansing
Prime Development Site in Lansing

728 N Cedar St, Lansing, MI 48906

$175,000
0.63 AC lot

0.625-acre development site with high traffic and excellent visibility.

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Lansing Commercial Land Opportunity
Lansing Commercial Land Opportunity

800 W Mount Hope Ave, Lansing, MI 48910

$99,900

Commercial land in Lansing with multiple potential uses.

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Commercial Land Near Interchange
Commercial Land Near Interchange

DUNCKEL Road, Lansing, MI 48910

$499,900
3.43 AC lot

Vacant commercial parcel near the 496-127 interchange in Lansing, suited to retail, restaurant, or office development.

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Portland, MI Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Portland, MI on our real estate platform.

Sale prices for restaurant properties in Portland, MI average $299,999 — 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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Demographics Overview

Population 11K
Population Growth (5Y) +5.8%
Median Household Income $92,457
College Educated 36.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48875 $300K

Taxes & Financing

Tax Rate (average for all types) 5.02%
Property Tax per SF $96.50 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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