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2552 Interstate 75 Business, Grayling
$799,000
201842579 MLS
Discover the opportunity at Dead Bear Brewing Co., 2552 I-75 Business Loop in Grayling--a turnkey brewery and restaurant positioned in a high-visibility location just off I-75. This established operation features a Class C liquor license, Brew Pub license and SDM license, along with a fully equipped commercial kitchen, brewing operation, bar and dining areas. The property offers tremendous potential for an experienced restaurateur, brewer, entrepreneur or investor looking to step into an established Northern Michigan destination. Seller may consider land contract terms with a substantial down payment. Business, real estate, licenses and equipment combine to make this a rare opportunity in the heart of Northern Michigan!

2552 Interstate 75 Business, Grayling

6039 E Co Road 612, Grayling
$750,000
201842467 MLS
A true ''Mom and Pop'' opportunity: Lovells Home Center/Auntie G's Bakery & Deli. Owner-operated and occupied, this cornerstone hub sits in the heart of Lovells-a trusted staple serving local residents, seasonal visitors, sportsmen, and DIYers. This multi-structure property features a fully stocked retail hardware store alongside an active bakery and deli. Living and operational quarters include a main-level retail space, a 4-bedroom, 1-bath upper-level main residence, a self-contained 1-bedroom guest house, a 3,000+ sq.ft. barn, and a detached two-car garage. A large fenced garden area with built-in irrigation, a custom stone waterfall, and a fish pond complete the scenic grounds. Situated along a premier Northern Michigan recreation corridor just steps from the N branch Ausable River.

6039 E Co Road 612, Grayling

518 N Main St, Cheboygan
$2,000
201842362 MLS
Located in the heart of Cheboygan, Unit 202 offers just over 1,700 square feet of professional office space. Situated in a three-story commercial building, the unit features six separate private offices, along with a dedicated receptionist area, waiting area, and lunchroom, providing a functional setup for a variety of professional businesses. The building is conveniently located within walking distance of downtown Cheboygan, with easy access to downtown businesses, restaurants, services, and community amenities. The Cheboygan River is located directly behind the building, adding to the attractive setting. An elevator provides convenient access to the upper floors, making the building accessible for employees and clients.

518 N Main St, Cheboygan

330 N Main St, Cheboygan
$699,000
201842224 MLS
Located on one of the busiest, high-foot-traffic blocks of N Main Street, this 2,064 sq. ft. turnkey commercial building offers a rare chance to bypass months of construction and launch your dream concept immediately. This premium package includes the real estate, a highly coveted Class C Liquor License, and all indoor and outdoor furnishings. The 1,440 sq. ft. front-of-house welcomes guests with an incredible architectural centerpiece: a commissioned, custom copper bar top beautifully depicting the Inland Waterway and Straits of Mackinac. In the back, a 620 sq. ft. double commercial kitchen is fully equipped and ready for high-volume service, featuring two fully functioning exhaust hoods, a large walk-in cooler, a large walk-in freezer, and all included kitchen equipment. Step outside to find a beautiful on-site mature herb and perennial garden--perfect for farm-to-table menu inspiration, craft cocktail garnishes, and elevating the outdoor dining atmosphere. Whether you are envisioning a craft cocktail lounge, a boutique bistro, or a bustling downtown eatery, this plug-and-play asset saves you hundreds of thousands in upfront capital expenditures. Real estate, license, and fixtures only (business not included). Step right in and capitalize on Northern Michigan's booming tourism and local market!

330 N Main St, Cheboygan

V/L Myrton M Riggs Drive, Cheboygan
$299,900
201842199 MLS
Excellent opportunity to secure approximately 12 acres of shovel-ready industrial land in Cheboygan. This versatile property is available for sale, ground lease, or as a build-to-suit opportunity, offering flexibility for businesses, investors, and developers. Zoned Light Industrial, the site provides ample space for a variety of potential commercial and industrial uses, subject to zoning and municipal approvals. Electric is available at the road, adding to the property's development potential. The generous acreage allows room for buildings, parking, equipment, storage, loading areas, and future expansion. Conveniently located with access to area roads and close to the City of Cheboygan, this is an excellent opportunity to establish or expand a business in Northern Michigan.

V/L Myrton M Riggs Drive, Cheboygan

1171 S Black River Rd, Onaway
$60,000
201842158 MLS
Bring your vision to life! This unique property has been taken down to the studs, with the hard, dirty work already done and a clean slate ready for its next chapter. Previously operated for many years, a neighborhood convenience/party store, the property offers exciting commercial possibilities. The walkout basement was previously used as full living quarters, creating potential for a business above with living space below. An additional building offers even more possibilities--picture a small coffee shop, studio, workshop, or specialty store! Located near Black Lake access with hundreds of acres of State Land just down and across the road. An additional lot is included, offering room for parking, a garden, yard space, or future ideas. Seller may consider a two-year land contract.

1171 S Black River Rd, Onaway

6229 East St, Alanson
$385,000
201842051 MLS
Rare opportunity to own 75' of Crooked River waterfront with dock included! This B-1 zoned property sits on a large corner lot in downtown Alanson with exceptional visibility-averaging 15,000 cars daily on US 31. Currently set as a restaurant but ready to transform into your vision: waterfront business, riverfront retreat, or investment property. Crooked River is part of the 41mi Inland Waterway system, offering boaters direct access to northern Michigan's premier waterways. Walk to coffee shops, restaurants, & stores in Alanson's charming downtown district. The property's prime location combines high-traffic commercial potential with waterfront appeal. 6261 East St is also available for sale, offering additional frontage & expansion opportunities. Land Contract terms considered.

6229 East St, Alanson

16202 Us-23 N, Ocqueoc
$110,000
201841882 MLS
Opportunity awaits with this versatile property offering exceptional potential for residential, commercial, or income-producing use. With renovation and vision, this affordable building could be transformed into a comfortable full-time residence, a live/work space, a rental property, or a business location such as an office, repair shop, storage facility, or similar enterprise. Previously operated as an auto repair shop with on-site living quarters, the property's history supports a wide range of possibilities, and special-use zoning may provide an opportunity for future business use. Positioned along the main highway with moderate traffic flow and easy access to Rogers City, Millersburg, Onaway, and Cheboygan, this property is well suited for buyers seeking flexibility, visibility, and... value. The building does need renovation, but for the right buyer, it presents a rare chance to create a custom residence, launch a small business, or develop an income-producing investment in a recreation-rich Northern Michigan setting. One of the property's strongest advantages is its desirable location. Lake Huron and Ocqueoc River access points are just a few hundred feet away, while thousands of acres of State land are within approximately one-half mile, offering convenient access to hunting, snowmobiling, ATV riding, hiking, and nature enjoyment. Rogers City is only about 10 minutes away, where residents and visitors can enjoy miles of sugar-sand Lake Huron shoreline, a 10-mile bike path, a well-equipped boat harbor, and year-round community activities. The Hammond Bay Refuge Harbor is also nearby, providing additional boating and fishing access to the beautiful waters of Lake Huron.

16202 Us-23 N, Ocqueoc

4168 W Houghton Lake Dr, Houghton Lake
$1,800,000
201841794 MLS
An extraordinary opportunity to own the iconic Limberlost Lounge & Restaurant, featuring 152 feet of frontage on beautiful Houghton Lake, Michigan's largest inland lake, spanning more than 22,000 acres. Centrally located along the lake's desirable south shore, this landmark property offers an exceptional setting for dining, entertainment, and waterfront recreation. The approximately 8400-square-foot restaurant and lounge features a warm, welcoming atmosphere anchored by its signature horseshoe-shaped bar. The property offers an impressive total of four distinct bar areas, providing outstanding flexibility for daily service, private events, and large-scale entertainment, including a main indoor horseshoe-shaped bar, a lake-level open-air lower bar, an expansive 1,404-square-foot three-sided open-air lakeside pavilion bar, and an additional bar and entertainment area that further enhances its capacity for hosting guests. A second floor, originally designed as a poker room, provides additional space with strong potential for private events, gaming, entertainment, or expanded seating, adding versatility to the overall layout. The restaurant includes a well-equipped commercial kitchen with top-of-the-line equipment and a modern POS system. A unique char broiler, located in the dining area, allows guests to observe preparation of their own steaks, creating a memorable and interactive dining experience. Additional features include an approximately 560-square-foot open-air lakeside balcony with sweeping views across Houghton Lake, expansive indoor and outdoor seating capacity, numerous flat-screen televisions, a leather-furnished lounge area, an entertainment stage, a lakeside pavilion, a sandy beach, a lakeside dock, and multiple indoor and outdoor gathering spaces. With its unmatched waterfront setting, extensive bar and entertainment facilities, and longstanding reputation, the Limberlost offers tremendous potential as a restaurant, nightlife destination, event venue, or four-season recreational gathering place.

4168 W Houghton Lake Dr, Houghton Lake

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