Rapid River, MI Restaurants for sale

$299,900

3,938 SF

Iconic Restaurant and Bar Opportunity

10468 S Main Street, Rapid River, MI 49878

Historic restaurant and bar with potential for additional income.

Established Business with Over 100 Years of Operation: An iconic business in the heart of Rapid River.
Turn‑Key Operation: Includes a full bar, dining area, kitchen, public bathrooms, stock, tables, and chairs (excluding liquor).
Favorable Reputation: Known for "Best Fish Fry in the U.P." and a one‑of‑a‑kind salad bar.
Income Potential: Apartments upstairs can be remodeled for on‑site living or additional income.
Licenses Included: Comes with a Class C Liquor license and Michigan Lottery Retailer license.

Updated: Apr 22

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$49,900

1.97 Acres

Prime Land in Rapid River

7683 US2 Highway, Rapid River, MI 49878

Commercial land with high traffic exposure in Rapid River, MI.

High‑traffic location at the 'Cross Roads of the UP'
Commercial District 2 zoning
Suitable for drive‑thru restaurant, coffee shop, or retail
Rapid River wastewater system access
Survey from 2001 with iron monuments placed

Updated: Aug 13, 2024

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid River, 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.

$270,000

2,300 SF

Established Bar with Outdoor Patio

Well-maintained bar with loyal clientele and expansion potential.

1530 Sheridan Road, Escanaba, MI 49829

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$399,000

1,300 SF

Munising Commercial Property For Sale

High-visibility commercial property in Munising, Michigan, with restaurant and living quarters.

209 E Superior Street, Munising, MI 49862

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$382,102

2,411 SF

Highway M-28 Commercial Property

Versatile commercial building on Highway M-28 in Munising, Michigan.

601 West Munising Avenue, Munising, MI 49862

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Contact for pricing

Retail/Restaurant Opportunity in Escanaba

Freestanding building with high visibility and access in Escanaba.

601 N. Lincoln Road, Escanaba, MI 49829

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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.

$65,000

18,126 SF

Commercial Lot in Manistique

Paved corner lot suitable for various commercial ventures.

183 FT Oak Street, Manistique, MI 49854

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$450,000

0.97 Acres

Commercial Land on Highway 2

Prime vacant lot in high-traffic commercial area.

737 E Lakeshore Drive, Manistique, MI 49854

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$350,000

14.34 Acres

Manistique Commercial Land For Sale

Vacant land with highway frontage near Lake Michigan.

6838 W US2 Highway, Manistique, MI 49854

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$2,495,000

5.00 Acres

Prime Commercial Land in Negaunee

High-exposure commercial land on US Highway 41/28 in Negaunee.

362-368 E US41/M28 Highway, Negaunee, MI 49866

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Rapid River, MI Restaurants Market Trends and Statistics

Explore 2 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 start at $299,900, averaging $299,900, and reaching up to $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.

Neighborhood	Average Price
49878	$174.9K

Neighborhood

Average Price

49878

$174.9K