Restaurants

Wakefield, MI Restaurants for Sale

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Bessemer, MI Ironwood, MI Hurley, WI Mercer, WI Marenisco, MI Winchester, WI Gile, WI Bergland, MI
Turn-Key Coffeehouse and Restaurant
Updated: Apr 11
Turn-Key Coffeehouse and Restaurant

1010 US HWY 2 E, Wakefield, MI 49968

Contact for pricing
4,000 sqft
Northwoods General Store and Coffeehouse established in Wakefield, MI for 18 years
4,000 SF lower level business operation includes inventory, machines, shelving, and newer appliances
Upper level offers an immaculate 3‑bedroom, 1‑bath residence with original hardwood flooring and a gas fireplace
Upper unit includes an office and a 50 x 17 family room
Property updates include LED lights throughout and a brand‑new generator
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Wakefield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Downtown Bar and Upstairs Residence
Downtown Bar and Upstairs Residence

208 S Sophie Street, Bessemer, MI 49911

$149,900
3,966 sqft 0.07 AC lot

Updated commercial building offers a bar and pool room on the main level with a fully functioning three-bedroom apartment above.

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Mixed-Use Retail and Apartment Building
Mixed-Use Retail and Apartment Building

126 E Aurora Street, Ironwood, MI 49938

$225,000
2,068 sqft 0.06 AC lot

Turnkey building with main-level wine and spirits bar and an upstairs one-bedroom rental apartment.

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Turnkey Bakery and Retail Space
Turnkey Bakery and Retail Space

230 E Aurora Street, Ironwood, MI 49938

$189,000
1,600 sqft 0.13 AC lot

Fully renovated masonry building operating as a wholesale bakery, with equipped production area, retail seating, and parking.

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Casual Dining Restaurant Building
Casual Dining Restaurant Building

113 S Massie Street, Bessemer, MI 49911

$114,900
3,600 sqft 0.30 AC lot

Restaurant building with new roof, central air, and three-phase power, suited for redesign or reopening as a dining concept.

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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.

Prime Commercial Land in Minocqua
Prime Commercial Land in Minocqua

PLAZA DR lot: 11, Minocqua, WI 54548

$199,900
1.20 AC lot

1.2 acre B-2 zoned commercial land with high exposure.

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Prime Commercial Land in Minocqua
Prime Commercial Land in Minocqua

PLAZA DR lot: 12, Minocqua, WI 54548

$249,900
1.58 AC lot

1.58 acre commercial parcel with high exposure in Minocqua.

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Downtown Commercial Land Parcel
Downtown Commercial Land Parcel

300 FRONT ST E, Minocqua, WI 54548

$1,500,000
1.02 AC lot

Commercial land in downtown Minocqua with level cleared space, blacktop parking, and three access points.

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Corner Lot in Downtown Park Falls
Corner Lot in Downtown Park Falls

172&184 2ND AVE N, Park Falls, WI 54552

Contact for pricing
0.13 AC lot

Corner lot suitable for business in downtown Park Falls, Wisconsin.

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Off-Market Properties in Wakefield, MI

Consider similar Off-Market properties in Wakefield, 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.

401 Sunday Lk St
BAR, TAVERN

401 Sunday Lk St, Wakefield, MI 49968-1308

Value Estimation by Request
3,120 sqft 0.11 AC lot
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505 Sunday Lk St
RESTAURANT

505 Sunday Lk St, Wakefield, MI 49968-1339

Value Estimation by Request
1,992 sqft 0.26 AC lot
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Wakefield, MI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Wakefield, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1

Demographics Overview

Population 2,305
Population Growth (5Y) +19.5%
Median Household Income $51,607
College Educated 23.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gogebic County

New Delisted

Total CRE Inventory on Market (SF)

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