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    Rapid River, MI
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    Rapid River, MI Restaurants for Sale

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    Gladstone, MI Brampton, MI Perkins, MI Nahma, MI Cornell, MI Rock, MI Escanaba, MI Wells, MI
    Historic Restaurant with Full Bar
    Updated: Apr 22
    Historic Restaurant with Full Bar

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft 0.26 AC lot
    3,938‑square‑foot restaurant building constructed in 1890
    Full bar, dining area, kitchen, and public restrooms
    Upstairs apartments that may be remodeled for living space or additional income
    Class C Liquor license and Michigan Lottery Retailer license
    Tables, stools, chairs, and other operating stock included, excluding liquor
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Remodeled Bar and Pool Hall
    Remodeled Bar and Pool Hall

    224 Stephenson Avenue, Escanaba, MI 49829

    $480,000
    4,805 sqft 0.19 AC lot

    Hospitality venue with licensed on-premises and off-premises alcohol sales.

    View details
    Restaurant Building with Outdoor Deck
    Restaurant Building with Outdoor Deck

    209 E Superior Street, Munising, MI 49862

    $399,000
    1,300 sqft 0.15 AC lot

    Established restaurant property with private lower-level living quarters and additional concrete side yard.

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    Renovated Pub with Apartment
    Renovated Pub with Apartment

    1117 Ludington St, Escanaba, MI 49829

    Contact for pricing
    2,000 sqft

    Operating pub with updated restrooms, basement storage, owned pool tables, and an unfinished upstairs apartment area.

    View details
    Turn-Key Coffee Shop & Building
    Turn-Key Coffee Shop & Building

    319 E Superior Street, Munising, MI 49862

    $1,100,000

    Turn-key downtown coffee shop opportunity on a 50x142 lot with a custom-built commercial building and equipment 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.

    Zoned Commercial Land
    Zoned Commercial Land

    7683 US2 Highway, Rapid River, MI 49878

    $49,900
    1.97 AC lot

    Commercial District 2 zoning fronts US2 Highway in Rapid River, with wastewater infrastructure passing nearby.

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    Rapid River, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Rapid River, MI on our real estate platform. These investment opportunities span a total of 3,938 square feet of properties for sale, with an estimated market value of $299,900.

    Sale prices for restaurant properties in Rapid River, MI average $299,900 — 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

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 3,184
    Population Growth (5Y) -5.8%
    Median Household Income $63,750
    College Educated 29.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49878 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.92%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Delta County

    New Delisted

    Total CRE Inventory on Market (SF)

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