Portland, MI Restaurants for sale

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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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

6524 E Saginaw Hwy, Lansing, MI 48917

$2,562,183

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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Absolute NNN Restaurant Property

222 Lansing Road, Charlotte, MI 48813

$1,585,391

An absolute NNN lease places responsibility for property expenses with the tenant.

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Drive-Through Restaurant Property

640 Lansing St, Charlotte, MI 48813

Contact for pricing

Former Rally's site with established drive-through functionality and pylon and building signage.

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Restaurant with Drive-Thru For Sale

4021 W Saginaw Hwy, Lansing, MI 48917

Contact for pricing

2,856 sqft 1.32 AC lot

Free-standing restaurant with drive-thru on 1.32 acres.

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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 Parcel

State Road, Ionia, MI 48846

$224,900

1.19 AC lot

Commercially zoned land near retail, restaurants, apartments, fitness, and automotive services in Ionia.

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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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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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Corner Commercial Land

1531 Kyle Street, Eaton Rapids, MI 48827

$84,900

1.57 AC lot

Corner parcel with paved frontage on two roads and visibility from Main St.

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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.

Neighborhood	Average Price
48875	$300K

Neighborhood

Average Price

48875

$300K

Portland, MI Restaurants for Sale

117 East Grand River Avenue, Portland, MI 48875