Hospitality Commercial Real Estate for Sale in Michigan

Browse 53 hospitality properties for sale in Michigan (MI) with an average asking sale price of $190 per SF.

Current Inventory53
Average Available Size— SF
Total Available Size0 SF
Average Asking Price$1,260,573
23925 Goddard Road listing image
Sale Hospitality

23925 Goddard Road

23925 Goddard Rd, Taylor, MI 48180

  • $225K
  • 3,010 SF building

Positioned along Goddard Road in Taylor, this 3,010-square-foot freestanding commercial building presents an affordable opportunity for an owner-user, restaurateur, bar operator, or investor seeking a recognizable location with an existing hospitality-oriented layout.Previously configured for bar and restaurant operations, the property offers buyers the opportunity to renovate and relaunch the space with a new concept or adapt it for another compatible commercial use. The established floor plan may reduce the time and expense associated with converting a traditional retail building into a food, beverage, or entertainment venue.Potential concepts may include:Neighborhood bar or pubCasual restaurant or carryout conceptSports bar or entertainment venueCafé, lounge, or specialty food operationOwner-operated retail or service businessCommercial redevelopment or repositioning opportunityThe property’s freestanding configuration provides operational independence, building visibility, and branding potential. At an asking price of $225,000, it offers an accessible entry point for an entrepreneur looking to own rather than lease or an investor seeking a value-add commercial property.The sale may include certain existing bar or restaurant fixtures, equipment, furnishings, or décor, subject to confirmation and negotiation. Prospective buyers should verify included items, property condition, licensing requirements, zoning compliance, and suitability for their intended use.Contact the listing broker for additional property information, showing availability, and details regarding the existing improvements and potential personal property.

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Well Established Turn-key Restaurant for Sale in Manchester listing image
Sale RetailHospitality

Well Established Turn-key Restaurant for Sale in Manchester

20400 E Austin Rd, Manchester, MI 48158

  • $599K
  • 3,155 SF building
  • 2 ac

Well-established and impeccably maintained restaurant situated on the southeast edge of Manchester city limits at the busy intersection of M-52 and Austin Road. This 3,155 SF building was rebuilt and expanded in 2003 and sits on 1.65 acres bordering the River Raisin. A rare opportunity to acquire a turn-key restaurant with an excellent reputation and loyal customer base.Property Highlights:• Building Size: 3,155 SF• Lot Size: 1.65 Acres with River Raisin frontage• All Equipment & Licenses IncludedFeatures & Amenities:• Well-maintained paved parking lot• Full back-up generator for uninterrupted operations• Walk-in cooler and freezer in kitchen• City sewer with well water supply• Natural gas utility service• MEC fiber optic internet connectionOffering:The current owner, after years of successfully operating this well-run and spotless restaurant, is ready to retire. This sale presents an excellent opportunity for a new owner/operator or investor to step into a thriving business with a proven track record.Confidentiality Notice:Showings are by appointment only. Buyers must sign a confidentiality agreement. Do not approach staff. Contact broker for details. 3,155 SF building, rebuilt & expanded in 20201.65-acre lot with River Raisin frontageIncludes all equipment & licenses – turn-key operationWell-maintained with paved parking & backup generatorLongstanding local favorite restaurant with excellent reputationOwner retiring – rare investment opportunityConfidentiality agreement required

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Turnkey Restaurant Business & Real Estate & Residence in Grass Lake listing image
Sale RetailHospitality

Turnkey Restaurant Business & Real Estate & Residence in Grass Lake

12229 Seymour Rd, Grass Lake, MI 49240

  • $750K
  • 5,310 SF building
  • 2 ac

Turnkey Restaurant/Bar | Grass Lake, MIA rare opportunity to acquire a fully‑operational restaurant/bar property, ideal for owner‑operators, investors, or hospitality groups seeking a destination‑style venue in Waterloo Township.Located in the heart of the Waterloo Recreation Area with 7 campgrounds. This is the only restaurant/bar within an approximate 10 mile radius.Property Overview12227 - 12229 Seymour Rd | Commercial Restaurant/Bar (Parcel 000‑10‑05‑351‑001‑01)Acreage: 1.09 acresZoning: C‑1 (Commercial)School District: Grass Lake Community SchoolsCOMMERCIAL BUILDING – 3,414 SF Restaurant/Bar (Built 1993, Remodeled 2009)A well‑maintained, fully equipped hospitality operation that includes all furniture, fixtures and equipment (FF&E) and a Class C liquor license.Interior Features:Large L‑shaped bar with multiple taps, liquor display, overhead glass racks, and several mounted TVsSpacious dining room with wood‑look flooring, clean finishes, and flexible table layoutsCommercial kitchen with stainless prep lines, hood system, fryers, burners, refrigeration, and pass‑through windowAdditional service areas, storage, and POS zonesPrivate “game room” for private events or additional seatingOutdoor Amenities:Covered patio dining pavilion with wood‑beam construction and brick pavers (New in 2026)Additional picnic‑style seating area with firewood storage and rustic characterLarge outdoor smoker station with wood storage canopyLandscaped grounds including a decorative pond, lounge area, and fenced patioAmple parking and easy access from Seymour RdHorse “parking” from Waterloo Trail Site Details1.09 acresC‑1 zoning supports restaurant, bar, retail, and other commercial usesHigh visibility in a recreational, camping, lake‑area corridorWell and SepticInvestment HighlightsTurnkey restaurant/bar with full kitchen, bar infrastructure, and indoor/outdoor seatingLocated in a high‑traffic recreational area near lakes, campgrounds, and state landStrong potential for destination dining, events, catering, or expansionIdeal ForHospitality groups expanding into destination diningInvestors seeking a mixed‑use income propertyCaterers, BBQ operators, breweries, or event‑driven conceptsAdditional property with residential home available, ask for details.DO NOT APPROACH EMPLOYEES – SHOWINGS BY APPOINTMENT ONLYRESIDENTIALResidence1,896 SF Ranch (Built 1950)A well‑kept single‑family home located directly adjacent to the commercial building — ideal for on‑site living, staff housing, or rental income.Home Features:2 bedrooms, 2.5 baths1,896 sq ft ranch layout with 450 sq ft basement-80 sq ft attached garageForced heat & coolingLarge deckSunroom with hot tubFireplace, dishwasher, microwave, and ceramic‑tile bath finishes0.876‑acre lot with mature trees, landscaped yard, and private drivewayWell and SepticInvestment Highlights:Turnkey restaurant/bar with full kitchen, bar infrastructure, and indoor/outdoor seatingOn‑site residence provides operational convenience or additional revenueLocated in a high‑traffic recreational area near lakes, campgrounds, and state landStrong potential for destination dining, events, catering, or expansionCombined nearly 2 acres of usable land across two parcelsIdeal for:Owner‑operators seeking live‑work convenienceHospitality groups expanding into destination diningInvestors seeking a mixed‑use income propertyCaterers, BBQ operators, breweries, or event‑driven concepts Turnkey restaurant/bar operation including FF&E and Class C Liquor LicenseFully equipped commercial kitchen and bar3,414 SF building on 1.09 acres1,896 SF ranch style residence with 2 bedrooms, 2.5 baths, 450 SF basement and attached garageLocated within Waterloo Recreation AreaIndoor dining plus covered outdoor patioAdditional outdoor seating and smoker stationPrivate game room/event spaceLandscaped grounds with pond and lounge areaAmple on-site parkingHorse access/parking from Waterloo TrailWell and septicStrong destination dining and event potential

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Turnkey Restaurant Business & Real Estate in Grass Lake listing image
Sale RetailHospitality

Turnkey Restaurant Business & Real Estate in Grass Lake

12227 Seymour Rd, Grass Lake, MI 49240

  • $500K
  • 3,414 SF building
  • 1 ac

Turnkey Restaurant/Bar | Grass Lake, MIA rare opportunity to acquire a fully‑operational restaurant/bar property, ideal for owner‑operators, investors, or hospitality groups seeking a destination‑style venue in Waterloo Township. Located in the heart of the Waterloo Recreation Area with 7 campgrounds. This is the only restaurant/bar within an approximate 10 mile radius.Property Overview12227 Seymour Rd | Commercial Restaurant/Bar (Parcel 000‑10‑05‑351‑001‑01)Acreage: 1.09 acresZoning: C‑1 (Commercial)School District: Grass Lake Community SchoolsCOMMERCIAL BUILDING – 3,414 SF Restaurant/Bar (Built 1993, Remodeled 2009)A well‑maintained, fully equipped hospitality operation that includes all furniture, fixtures and equipment (FF&E) and a Class C liquor license.Interior FeaturesLarge L‑shaped bar with multiple taps, liquor display, overhead glass racks, and several mounted TVsSpacious dining room with wood‑look flooring, clean finishes, and flexible table layoutsCommercial kitchen with stainless prep lines, hood system, fryers, burners, refrigeration, and pass‑through windowAdditional service areas, storage, and POS zonesPrivate “game room” for private events or additional seatingOutdoor AmenitiesCovered patio dining pavilion with wood‑beam construction and brick pavers (New in 2026)Additional picnic‑style seating area with firewood storage and rustic characterLarge outdoor smoker station with wood storage canopyLandscaped grounds including a decorative pond, lounge area, and fenced patioAmple parking and easy access from Seymour RdHorse “parking” from Waterloo Trail Site Details1.09 acresC‑1 zoning supports restaurant, bar, retail, and other commercial usesHigh visibility in a recreational, camping, lake‑area corridorWell and SepticInvestment HighlightsTurnkey restaurant/bar with full kitchen, bar infrastructure, and indoor/outdoor seatingLocated in a high‑traffic recreational area near lakes, campgrounds, and state landStrong potential for destination dining, events, catering, or expansionIdeal ForHospitality groups expanding into destination diningInvestors seeking a mixed‑use income propertyCaterers, BBQ operators, breweries, or event‑driven conceptsAdditional property with residential home available, ask for details.DO NOT APPROACH EMPLOYEES – SHOWINGS BY APPOINTMENT ONLY Turnkey restaurant/bar operation including FF&E and Class C Liquor LicenseFully equipped commercial kitchen and bar3,414 SF building on 1.09 acresLocated within Waterloo Recreation AreaIndoor dining plus covered outdoor patioAdditional outdoor seating and smoker stationPrivate game room/event spaceLandscaped grounds with pond and lounge areaAmple on-site parkingHorse access/parking from Waterloo TrailWell and septicStrong destination dining and event potential

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234 S Water St listing image
Sale HospitalityInvestment

234 S Water St

234 S Water St, Saginaw, MI 48607

  • $995K
  • 16,702 SF building
  • 0 ac

Amazing property and opportunity on the Saginaw River. Built in 1909 as an amory and remodeled beginning in 2000 over the years. A two story historical building of 6,825 SF per floor with a lower level of 3,052 SF. The first floor consists of several offices and work areas with class A finishes and two good size restrooms. The second floor operated as a lounge and "Indigo" venue with seating, dance floor, kitchen area and a full bar overlooking the Saginaw River. The building has seven HVAC units with 3 servicing the first floor and 4 servicing the Indigo lounge on the second floor. The lower level provides additional space and potential for fuure use.The sale price includes an additional parcel, 228 Water Street, that is the parking lot adjacent to the east and north. Street parking is also available.The location is central to the downtown area with the SVRC Marketplae adjacent to the north and Dow Event Center a few blocks to the north. Concentrated healthcare to the south with an upcoming Saginaw Medical Diamond project of an estimated $250 million transformational riverfront and downtown Saginaw.The sale price includes most office furniture and furnishings/equipment associated with the Indigo lounge, as shown, except for specifically excluded personal property. A liquor license is available, but not included in the sale price.

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15801 E 10 Mile Rd listing image
Sale RetailHospitality

15801 E 10 Mile Rd

15801 E 10 Mile Rd, Eastpointe, MI 48021

  • $180K
  • 652 SF building
  • 0 ac

Endless opportunities at this turnkey property. 2026 Hot Water and AC were replaced in 2026. Exterior, windows, plumbing, electrical work done in 2018. Potential to keep as Ice Cream business with the equipment for sale with property. Additionally, there's opportunities to convert to a year-round quick-service concept. Located directly across from Eastpointe Schools' athletic fields, surrounded by a dense, thriving neighborhood with strong built-in traffic. MORE PHOTOS TO COME Endless opportunities at this turnkey property. 2026 Hot Water and AC were replaced in 2026. Exterior, windows, plumbing, electrical work done in 2018. Potential to keep as Ice Cream business with the equipment for sale with property. Additionally, there's opportunities to convert to a year-round quick-service concept. Located directly across from Eastpointe Schools' athletic fields, surrounded by a dense, thriving neighborhood with strong built-in traffic. MORE PHOTOS TO COME

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