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

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This listing looks promising.

Here's a quick look at some key insights for

16409 Red Arrow Highway, Union Pier, MI 49129

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$76K
Annual
Mortgage

$500K
Dec 2016

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 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.

Conventional Restaurant with Outdoor Patio

16710 Lakeshore Road, New Buffalo, MI 49117

$1,500,000

121,471 sqft 2.45 AC lot

Conventional restaurant with a fully equipped kitchen, central air, and an outdoor full-service patio permit on commercially zoned land.

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Brewpub with Covered Patio

17684 US-12, New Buffalo, MI 49117

$3,999,999

5,622 sqft 3.58 AC lot

2019-built brewpub features indoor dining, a full bar, and covered patio seating with onsite brewing.

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Restaurant Diner Space in Multi-Unit Building

4518 Lake Street, Bridgman, MI 49106

Contact for pricing

859 sqft

859 sq ft restaurant/diner unit for sale, positioned as one of three spaces within the same building.

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Restaurant Diner Unit for Sale

4514 Lake Street, Bridgman, MI 49106

Contact for pricing

763 sqft

Restaurant/diner space now available within a three-unit building.

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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.

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.

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B2-Zoned Commercial Land

S Woodland Avenue, Michigan City, IN 46360

$299,000

17.53 AC lot

Flat, out-of-floodplain site with public water, sewer, electric, and gas at the property.

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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.

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Commercial Acreage Near I-94 Exit

2508 Pipestone Road, Benton Harbor, MI 49022

$500,000

1.55 AC lot

1.5 commercial acres, ideal for business or restaurant near I-94.

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Off-Market Properties in Union Pier, MI

Consider similar Off-Market properties in Union Pier, 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.

RESTAURANT

16036th Red Arrow Hwya, Union Pier, MI 49129-9707

$525,000

Estimated value

3,424 sqft 0.68 AC lot

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RESTAURANT

16409 Red Arrow Hwy, Union Pier, MI 49129-9454

$390,000

Estimated value

6,847 sqft 2.51 AC lot

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RESTAURANT

15710 Red Arrow Hwy, Union Pier, MI 49129-9708

$490,000

Estimated value

3,200 sqft 0.55 AC lot

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RESTAURANT

16710 Lakeshore Rd, Union Pier, MI 49129-9444

$540,000

Estimated value

12,471 sqft 2.01 AC lot

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Union Pier, MI Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Union Pier, MI on our real estate platform. These investment opportunities span a total of 6,847 square feet of properties for sale, with an estimated market value of $875,000.

Sale prices for restaurant properties in Union Pier, MI average $875,000 — 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	$1.1M

Neighborhood

Average Price

49129

$1.1M

Union Pier, MI Restaurants for Sale

16409 Red Arrow Highway, Union Pier, MI 49129