Restaurants

Wakefield, MI Restaurants for Sale

Notify Me
List
Map
Bessemer, MI Ramsay, MI Ironwood, MI Hurley, WI Mercer, WI Marenisco, MI Winchester, WI Montreal, WI
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
View details
See what stands out in Gogebic County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Living Quarters
Mixed-Use Building with Living Quarters

208 S Sophie Street, Bessemer, MI 49911

$149,900
3,966 sqft 0.07 AC lot

Commercial space includes a bar setup and three-bedroom residential quarters.

View details
Restaurant Building with Kitchen Potential
Restaurant Building with Kitchen Potential

113 S Massie Street, Bessemer, MI 49911

$114,900
3,600 sqft 0.30 AC lot

Freestanding commercial building with restaurant infrastructure, parking, central air, and three-phase power.

View details
Restaurant With Wraparound Bar
Restaurant With Wraparound Bar

156 CLOVERLAND DR, Ironwood, MI 49938

Contact for pricing
6,371 sqft

Restaurant property featuring open dining, a large kitchen, walk-in coolers, and dedicated office space.

View details
Restaurant with Bar and Patio
Restaurant with Bar and Patio

N11582 Black River Road, Ironwood, MI 49938

$204,900
1,952 sqft 1.95 AC lot

Commercially zoned restaurant with accessible entry and outdoor dining area.

View details

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

$295,000
Estimated value
3,120 sqft 0.11 AC lot
View details
505 Sunday Lk St
RESTAURANT

505 Sunday Lk St, Wakefield, MI 49968-1339

$195,000
Estimated value
1,992 sqft 0.26 AC lot
View details

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.

List
Map

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings