Restaurants

Vanderbilt, MI Restaurants for Sale

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Gaylord, MI Elmira, MI Boyne Falls, MI Wolverine, MI Wolverine Lake, MI Johannesburg, MI Indian River, MI Boyne City, MI
Self Storage and Retail Property
Updated: Apr 12
Self Storage and Retail Property

7000 & 7844 Mill St, Vanderbilt, MI 49795

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65 storage units plus restaurant/pizza retail, salon retail, and workshop unit spaces
All units are currently rented
Established property with a rental history
Convenient access just off I‑75
Located inside the village limits of Vanderbilt
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Vanderbilt Income Property Opportunity
Updated: Jan 5, 2024
Vanderbilt Income Property Opportunity

7736 ,7844 Mill St, Vanderbilt, MI 49795

Contact for pricing
1 sqft
Income property opportunity with diverse revenue streams including storage units, workshops, salon, pizzeria, diner, and a house.
High number of storage units (70+).
Prime location bordering Rails to Trails in Downtown Vanderbilt.
Includes a house.
Includes a Quonset hut.
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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 9 Potential Opportunities for your consideration. Besides 2 Active listings in Vanderbilt, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Seasonal Restaurant with Outdoor Seating
Seasonal Restaurant with Outdoor Seating

1499 S Straits Highway, Indian River, MI 49749

$199,900
750 sqft

Established seasonal operation with a dining area, walk-up counter, equipped kitchen, restroom, and customer parking.

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Turnkey Bakery and Creperie
Turnkey Bakery and Creperie

110 S Lake Street, Boyne City, MI 49712

$695,000
1,629 sqft 0.25 AC lot

For sale turnkey bakery and creperie with a fully equipped commercial kitchen and included business assets.

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Seasonal Restaurant with Outdoor Seating
Seasonal Restaurant with Outdoor Seating

1499 Straits Highway, Indian River, MI 49749

$199,900
750 sqft

Established seasonal restaurant with a customer dining area, walk-up counter, equipped kitchen, restroom, and paved parking.

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Gildas' Lake Street Bakery ForSale
Gildas' Lake Street Bakery ForSale

110 S Lake St, Boyne City, MI 49712

$695,000
0.25 AC lot

Turnkey bakery and creperie in Boyne City, Michigan.

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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.

Commercial Land with I-75 Off-Ramp Frontage
Commercial Land with I-75 Off-Ramp Frontage

VL Johnson Road, Gaylord, MI 49735

$150,000
0.64 AC lot

B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

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Commercial Land with Off-Ramp Frontage
Commercial Land with Off-Ramp Frontage

VL Johnson Road, Gaylord, MI 49735

$150,000
0.64 AC lot

Zoned B-2 commercial land on the I-75 Exit 279 off-ramp, offering visibility for a wide range of uses.

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Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Vanderbilt, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Vanderbilt, MI on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Breakfast & diners 1
Conventional restaurants 1

Demographics Overview

Population 1,918
Population Growth (5Y) -4.4%
Median Household Income $57,367
College Educated 17.6%

Taxes & Financing

Tax Rate (average for all types) 2.96%
Property Tax per SF $1.39 per SF
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otsego County

New Delisted

Total CRE Inventory on Market (SF)

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