Union Pier, MI Restaurants for sale

Updated: Aug 28, 2025

Turn-Key Landmark Restaurant

16409 Red Arrow Highway, Union Pier, MI 49129

$875,000

6,847 sqft · 2.51 AC lot

6,847 SF landmark restaurant in Union Pier, Michigan
Outdoor seating area for additional dining and special events
Forced‑air heating and central air conditioning
Stucco construction with rubber and composition roofing
Year built: 1900

View details

This listing looks promising.

Here's a quick look at some key insights for

16409 Red Arrow Highway, Union Pier, MI 49129

View Property Analytics

Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$76K
Annual
Mortgage

$500K
Dec 2016

View Property Analytics

Updated: Jun 22

Turnkey Restaurant with Liquor License

16710 Lakeshore Road, Union Pier, MI 49129

$1,500,000

121,471 sqft · 2.45 AC lot

Approximately 2.44 acres on commercially zoned land with nearly 500 ft of Red Arrow Highway frontage
Established restaurant opportunity with an equipped kitchen totaling over 5,000 SF
Dining capacity up to 300 guests, with several intimate dining areas and private dining rooms
Kitchen equipment includes two prime rib cooking/warming ovens, three walk‑in coolers, and a walk‑in freezer
Includes Class C Resort Liquor License (sale subject to State of Michigan approval of transfer)

View details

Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Union Pier, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Brewery with Panoramic Nature Preserve Views

17684 US-12, New Buffalo, MI 49117

$3,999,999

5,622 sqft · 3.58 AC lot

Brewery in New Buffalo with indoor/outdoor seating and nature preserve views.

View details

Bridgman Commercial Property on 3.16 Acres

10243 Red Arrow Highway, Bridgman, MI 49106

$329,000

1,280 sqft · 3.16 AC lot

Character-filled building with high-visibility location and approved special land use.

View details

Prime Commercial Parcel in Bridgman

10067 Red Arrow Highway, Bridgman, MI 49106

$114,000

1.11 AC lot

One-acre commercial land with high visibility and access.

View details

Former Catering Hall For Sale

17760 Behner Road, New Buffalo, MI 49117

$750,000

8,500 sqft · 2.35 AC lot

8,500 SF catering hall with 48 parking spots.

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.

Prime Commercial Land Opportunity

9950 US 12, New Buffalo, MI 49117

$1,250,000

3,863 sqft · 8.30 AC lot

8.34-acre commercial land with high visibility and utilities.

View details

New Buffalo Development Opportunity

18550 Harbor Country Drive, New Buffalo, MI 49117

$299,999

2.10 AC lot

2.1 acres suitable for gas station, restaurant, storage, or residential.

View details

General Commercial Development Land

S Woodland Avenue, Michigan City, IN 46360

$299,000

17.53 AC lot

Flat, out-of-floodplain commercial land with utilities available and substantial road frontage for flexible B2 uses.

View details

Commercial Land Near I-94

3886 N 950 W, Michigan City, IN 46360

$350,000

5.58 AC lot

5.38 acres of commercial land in Michigan City, Indiana.

View details

Union Pier, MI Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Union Pier, MI on our real estate platform. These investment opportunities span a total of 128,318 square feet of properties for sale, with an estimated market value of $2,375,000.

Sale prices for restaurant properties in Union Pier, MI start at $875,000, averaging $1,187,500, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49129	$1.2M

Neighborhood

Average Price

49129

$1.2M

Union Pier, MI Restaurants for Sale

16409 Red Arrow Highway, Union Pier, MI 49129

16710 Lakeshore Road, Union Pier, MI 49129