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    Sparta, MI
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    Sparta, MI Restaurants for Sale

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    Byron Center, MI Kent City, MI Cedar Springs, MI Comstock Park, MI Conklin, MI Rockford, MI Grand Rapids, MI Belmont, MI
    Mixed-Use Building With Commercial Kitchen
    Updated: Aug 9
    Mixed-Use Building With Commercial Kitchen

    94 N Union Street, Sparta, MI 49345

    $589,000
    6,327 sqft
    6,327 square feet across 3 updated, finished floors
    Ground floor includes Hot Spot Cafe and artisan store
    New commercial kitchen included with the property
    State‑certified lift serves the main floor
    Second and third floors offer additional business space
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    This listing looks promising.

    Here's a quick look at some key insights for

    94 N Union Street, Sparta, MI 49345

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $423K
      Suggested

    • Last Sold

      Nov 2022
      $168K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Historic Multi-Story Retail Building
    Updated: Mar 18
    Historic Multi-Story Retail Building

    94 N Union Street, Sparta, MI 49345

    $589,000
    6,327 sqft 0.61 AC lot
    Historic brick building built in 1928 with 6,327 SF across three updated floors
    Main floor includes HOT SPOT cafe and artisan store, both included in the sale
    New commercial kitchen included
    Main floor has a brand new state‑certified lift; 2nd and 3rd floors are not ADA compliant
    Forced‑air heating plus broadband and cable available
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    Long-Standing Restaurant Property
    Long-Standing Restaurant Property

    370 N State Street, Sparta, MI 49345

    $474,000
    1,374 sqft 0.51 AC lot

    Restaurant for sale includes equipment and the business name, with new flooring installed on 11/24/25.

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    Established Restaurant with Equipment
    Established Restaurant with Equipment

    370 N State Street, Sparta, MI 49345

    $474,000

    The offering includes the restaurant property, all equipment, and the established business name.

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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 13 Potential Opportunities for your consideration. Besides 4 Active listings in Sparta, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Flexible Storefront Property
    Flexible Storefront Property

    3345 REMEMBRANCE RD, Grand Rapids, MI 49534

    $220,000
    416 sqft 0.24 AC lot

    Compact commercial site with road access and flexibility for retail, food service, coffee, or office operations.

    View details
    Turnkey Light Eatery Space
    Turnkey Light Eatery Space

    E 7 E Muskegon Street Unit SourceFi, Kent City, MI 49330

    Contact for pricing
    10,353 sqft

    Move-in-ready food-service space with large front-facing windows in downtown Kent City, with key utilities included in rent.

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    Coffee Shop Space
    Coffee Shop Space

    7 Muskegon Street, Kent City, MI 49330

    Contact for pricing
    10,353 sqft

    Open-plan storefront with large front windows and a scheduled facade makeover.

    View details
    Freestanding Restaurant with Drive-Thru
    Freestanding Restaurant with Drive-Thru

    2260 Alpine Ave NW, Grand Rapids, MI 49544

    Contact for pricing

    Free-standing restaurant with two drive-thru windows and two hood systems, offered turn-key with business already operating.

    View details

    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.

    Highway Commercial Land
    Highway Commercial Land

    14115 Edgerton Avenue NE, Cedar Springs, MI 49319

    $350,000
    2.41 AC lot

    The site carries HWY Commercial zoning and sits beside Goodwill, opposite ALDI'S and Meijer.

    View details
    Commercial Land Along East Beltline
    Commercial Land Along East Beltline

    2415 E Beltline Avenue NE, Grand Rapids, MI 49525

    $235,000
    0.62 AC lot

    Commercial parcel with public water and sewer in the Knapp's Corner Shopping District.

    View details
    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

    View details
    Commercially Zoned Development Land
    Commercially Zoned Development Land

    435 28th Street, Grand Rapids, MI 49548

    $399,000
    0.97 AC lot

    Commercially zoned land site offered for shopping center, fast food, or service station development.

    View details

    Off-Market Properties in Sparta, MI

    Consider similar Off-Market properties in Sparta, 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.

    8388 Alpine Ave
    BAR, TAVERN

    8388 Alpine Ave, Sparta, MI 49345-9390

    $300,000
    Estimated value
    3,726 sqft 1.16 AC lot
    View details

    Sparta, MI Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Sparta, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,028 square feet of properties for sale, with an estimated market value of $2,126,000.

    Sale prices for restaurant properties in Sparta, MI start at $474,000, averaging $531,500, and reaching up to $589,000 — 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 3
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -9.0%
    Median Household Income $84,918
    College Educated 37.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49345 $531.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $71.06 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

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