Restaurants

Reed City, MI Restaurants for Sale

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Landmark Commercial Restaurant Property
Updated: Jul 22
Landmark Commercial Restaurant Property

20221 US-10, Reed City, MI 49677

$369,000
5,644 sqft 5.86 AC lot
5.86‑acre commercial property with 600+ ft of US‑10 frontage on a high‑visibility corridor near US‑10/US‑131.
Approximately 6,000 SF commercial building plus two additional buildings, offering multiple income and/or use options.
One additional building is currently leased; the second building can support additional rental income, owner occupancy, storage, or office use.
Paved parking on‑site and three total buildings on the 5.86‑acre parcel.
Utilities and services include phone availability; water source is a well.
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Conventional Restaurant Property with US-10 Frontage
Updated: Jul 20
Conventional Restaurant Property with US-10 Frontage

20221 US-10, Reed City, MI 49677

$369,000
5.86 AC lot
5.86‑acre property on US‑10 with 600+ feet of frontage
Approximately 6,000 SF commercial building
One additional building currently leased; second offers rental, occupancy, storage, office or build‑to‑suit options
Ample paved parking
Roof: rubber; year built: 1970
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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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Reed City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Renovated Historic Restaurant
Renovated Historic Restaurant

250 N State Street, Big Rapids, MI 49307

$250,000
630 sqft 0.13 AC lot

Renovated restaurant property includes equipment, business name, and inventory near public parking and Mitchell Creek Park.

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Restaurant and Cafe Building
Restaurant and Cafe Building

201 W 7th Street, Evart, MI 49631

$169,000
1,948 sqft 0.30 AC lot

Restaurant building with kitchen equipment, bar seating, and dining tables in Evart.

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Breakfast & Diner Building with Bar
Breakfast & Diner Building with Bar

201 W 7th Street, Evart, MI 49631

$169,000
1,948 sqft

Commercial-zoned property includes a furnished dining area, food-preparation equipment, parking lot, and public sewer service.

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Renovated Conventional Restaurant
Renovated Conventional Restaurant

250 N State Street, Big Rapids, MI 49307

$250,000

Restaurant property includes equipment, inventory, and the established business name.

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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.

Corner Commercial Land
Corner Commercial Land

15505 Waldron Way, Big Rapids, MI 49307

$259,900
5.11 AC lot

Highway-exposed parcel positioned along a side service drive near Meijer and the US-131 interchange.

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Waterfront Restaurant Property
Waterfront Restaurant Property

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Operating restaurant with waterfront views, deck seating, and paved parking.

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Waterfront Restaurant Property
Waterfront Restaurant Property

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

Existing restaurant improvements include indoor seating, a seasonal deck, and a lakefront setting.

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Cleared Commercial Land
Cleared Commercial Land

900 S Mitchell St., Cadillac, MI 49601

$249,000
1.12 AC lot

Level development site with B-3 General Business zoning and access from two streets.

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Off-Market Properties in Reed City, MI

Consider similar Off-Market properties in Reed City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

220th Ave
Restaurants

220th Ave, Reed City, MI 49677

Value Estimation by Request
2,892 sqft 1.60 AC lot
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13645 Cottonwood Ave
BAR, TAVERN

13645 Cottonwood Ave, Reed City, MI 49677-9406

Value Estimation by Request
2,497 sqft 0.51 AC lot
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Reed City, MI Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Reed City, MI on our real estate platform. These investment opportunities span a total of 5,644 square feet of properties for sale, with an estimated market value of $738,000.

Sale prices for restaurant properties in Reed City, MI average $369,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 7,286
Population Growth (5Y) +0.4%
Median Household Income $58,829
College Educated 23.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49677 $369K

Taxes & Financing

Tax Rate (average for all types) 4.29%
Property Tax per SF $72.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Osceola County

New Delisted

Total CRE Inventory on Market (SF)

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