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    Vanderbilt, MI Restaurants for Sale

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    Gaylord, MI Elmira, MI Wolverine, MI
    Vanderbilt Income Property Opportunity
    $875,000
    Vanderbilt Income Property Opportunity

    7736 ,7844 Mill St, Vanderbilt, MI 49795

    Mixed-use property with storage units, workshops, and commercial spaces.
    • 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.
    Updated: Jan 5, 2024
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vanderbilt, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Turn-Key Restaurant with Living Quarters
    $699,000
    5,317 SF
    Turn-Key Restaurant with Living Quarters

    Fully equipped restaurant with living space and expansion potential.

    7515 S US 31, Alanson, MI 49706

    View details
    Restaurant and Convenience Store Property
    $675,000
    10,200 SF
    Restaurant and Convenience Store Property

    Two-use commercial property with a restaurant liquor license plus a convenience/party store component.

    325 W 2nd Street, Gaylord, MI 49735

    View details
    Bank-to-Retail Drive-Through Building
    $239,900
    1,344 SF
    Bank-to-Retail Drive-Through Building

    Versatile former bank building with a drive-through window and rear paved parking for customer convenience.

    6232 River, Alanson, MI 49706

    View details
    Restaurant/Bar Opportunity Near Big Lake
    $195,000
    4,122 SF
    Restaurant/Bar Opportunity Near Big Lake

    East Gaylord restaurant/bar with ample seating and storage.

    1070 Big Lake Road, Gaylord, MI 49735

    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.

    Commercial Land in Gaylord, MI
    $215,000
    4.11 Acres
    Commercial Land in Gaylord, MI

    4+ acre commercial land parcel zoned B3 with I75 exposure.

    Five Lakes, Gaylord, MI 49735

    View details
    Commercial Land with I-75 Off-Ramp Frontage
    $150,000
    0.64 Acres
    Commercial Land with I-75 Off-Ramp Frontage

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

    VL Johnson Road, Gaylord, MI 49735

    View details
    Commercial Land with Off-Ramp Frontage
    $150,000
    0.64 Acres
    Commercial Land with Off-Ramp Frontage

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

    VL Johnson Road, Gaylord, MI 49735

    View details
    Elmira Land Parcel on Woodward
    $63,900
    1.60 Acres
    Elmira Land Parcel on Woodward

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

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

    View details

    Vanderbilt, MI Restaurants Market Trends and Statistics

    Explore 1 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, with an estimated market value of $875,000.

    Sale prices for restaurant properties in Vanderbilt, MI start at $875,000, averaging $875,000, and reaching up to $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Breakfast & diners 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49795 $875K

    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%

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