Kalamazoo Retail for Sale - Western Kalamazoo County

Marcus & Millichap presents Applebee’s Neighborhood Grill and Bar, a single-tenant absolute net lease investment located at 5330 West Main Street in Kalamazoo, Michigan. The 5,621-square-foot freestanding restaurant is situated on a prominent outlot within Maple Hill Pavilion, a Target-anchored retail center and one of the area’s most established shopping destinations. The property is positioned on a 1.16-acre parcel and offers strong visibility and exposure along West Main Street, a primary retail corridor serving the Kalamazoo market. The tenant has operated continuously at this location since September 2012, demonstrating long-term commitment and durability within the trade area. This Applebee’s location is a high-performing site positioned within a dominant retail corridor. The property benefits from traffic counts of approximately 28,259 vehicles per day along West Main Street and ranks within the top 9 percent statewide and top 11 percent nationally, according to Placer.ai. Store-level performance is further supported by a low 5.89 percent rent-to-sales ratio, providing meaningful operating cushion and reinforcing the long-term sustainability of the site. Applebee’s is one of the world’s largest casual dining brands, operating approximately 1,600 restaurants across the United States, two U.S. territories, and 11 international markets. The brand is franchised by subsidiaries of Dine Brands Global Inc. (NYSE: DIN), one of the world’s leading full-service restaurant companies. The subject property is operated by TSFR Apple Venture which is owned by TEAM Schostak Family Restaurants, a family-owned franchise operator headquartered in Livonia, Michigan, operating a substantial multi-brand portfolio statewide, including approximately 60 Applebee’s locations, 23 Olga’s Kitchen restaurants, and a growing MOD Pizza platform. TEAM Schostak has been recognized by USA Today as a Top Workplace for the fifth consecutive year, underscoring the strength, stability, and employee-focused culture of the operator. The property is located along West Main Street near the Drake Road intersection, one of Kalamazoo’s most established retail corridors, and benefits from immediate proximity to US-131, which carries approximately 55,082 vehicles per day and provides strong regional connectivity. As a highly visible outlot within Maple Hill Pavilion, the site features direct frontage along West Main Street and is surrounded by national retailers including Meijer, Walmart Supercenter, Menards, Lowe’s, Kohl’s, and ALDI, all of which contribute to consistent traffic flow and long-standing retail draw. Kalamazoo is the largest city in Southwest Michigan and is strategically positioned between Chicago and Detroit. The local economy is supported by a diversified mix of industries including health sciences, higher education, medical devices, and manufacturing. The city is home to Western Michigan University, which enrolls approximately 16,343 students, along with major healthcare providers such as Bronson Methodist Hospital and Beacon Kalamazoo Hospital, each serving as significant employment and economic anchors for the region. This Applebee’s may be acquired individually or as part of a two-property Applebee’s portfolio that includes an additional location in Adrian, Michigan, which has also been continuously operated by the tenant since September 2012. Together, the portfolio comprises 11,754 square feet of gross leasable area across approximately 1.95 acres. Store-level performance across both locations is supported by low rent-to-sales ratios, with the Kalamazoo location reporting a 5.89% rent-to-sales ratio and the Adrian location reporting a 4.80% rent-to-sales ratio, reinforcing the long-term durability and operating strength of the portfolio. The property is scheduled to undergo a Greenhouse Remodel in 2026, aligned with current Applebee’s brand standards. Planned improvements include exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements, further reinforcing the tenant’s long-term commitment to the site and enhancing the overall quality and competitiveness of the asset. With strong store-level performance, more than a decade of continuous operation, favorable operating economics, an award-winning franchise operator, a long-term absolute net lease structure, dense national retail adjacency, and placement within one of Southwest Michigan’s most established retail corridors, this offering presents the opportunity to acquire a passive, net-leased investment with durable cash flow characteristics.

Property Subtype:

Restaurant

Date on Market:

2026-04-24

Bay City Retail for Sale

ONLINE REAL ESTATE AUCTION May 19-20, 2026 ending at 7 pm. Opening Bid only $25,000. This property features the former Nino’s Fine Dining Restaurant in Bay City. This approximately 4,055 sq. ft. commercial building is situated on 0.33± acres at the corner of Columbus Avenue and N. Hampton Street, providing excellent visibility and access. The property includes a spacious dining room, primary bar area, secondary bar, commercial kitchen, multiple restrooms, walk-in cooler, and basement storage area. An upstairs apartment adds additional flexibility and income potential. With multiple entry points, street parking, and an asphalt parking lot, this property offers convenience for customers and staff alike. Its versatile layout presents a range of investment and redevelopment opportunities—ideal for reopening as a restaurant/bar or repurposing for another commercial use. The liquor license will be available to purchase by the buyer of the real estate. More info coming soon. This property is being sold on behalf of a court-appointed receiver. Please see our website for more info, photos, and terms.

Property Subtype:

Restaurant

Date on Market:

2025-01-13

Birch Run Land for Sale

Located at I-75 Exit 136 (Frankenmuth/Birch Run), 9143 Birch Run Rd, Birch Run, MI offers a 3.43-acre commercial site improved with an existing 9,450 SF restaurant and exposure to some of the highest traffic counts along the I-75 corridor. The Birch Run exit is a well-known regional destination, drawing consistent traffic from outlet malls, Frankenmuth tourism, and a dense fast-food and retail corridor. The property is ideally suited for restaurant use, gas station, truck stop, or convenience store redevelopment, with all city utilities available. Adjacent parcels may be assembled for additional acreage, providing expanded development potential. Seller will consider sale or lease, including ground lease, build-to-suit, or joint venture opportunities.

Property Subtype:

Commercial

Date on Market:

2026-02-17

Pontiac Retail for Sale

This offering comes at a pivotal moment for Pontiac’s resurgence. The removal of the Phoenix Center, the reopening of Saginaw Street—restoring the historic street grid—and the relocation of hundreds of Oakland County employees just blocks away are accelerating revitalization efforts. In addition to the theatre itself, the property includes a fully built-out restaurant space with an active tenant, generating rental income and drawing foot traffic to the venue. Inside the theatre, Charlene’s bar offers a charming and functional amenity for patrons and eventgoers, enhancing the hospitality and event experience. Strategically positioned in the center of Oakland County, the Flagstar Strand Theatre is a legacy asset with strong cultural significance and growing regional appeal. As downtown redevelopment gains momentum, this venue is well-positioned for enhanced value through programming, partnerships, and long-term growth. This is a unique opportunity to acquire and operate a premier performing arts destination—with built-in food and beverage infrastructure—in a market poised for transformation. The rich history speaks for itself and the opportunity to own/operate one of the premier venues in Oakland County is a once in a lifetime opportunity

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-11-12

Romulus Hospitality for Sale - Airport District

This hotel is located near Detroit International Airport service Detroit Metropolitan Wayne County Airport is the primary international airport serving Detroit and its surrounding metropolitan area, in the U.S. state of Michigan. It is located in Romulus, a Detroit suburb. 800 flights daily 226 rooms full-service hotel. with millions on gross income. we are open for offers. this hotel can be purchase as a package with Travel Lodge next door. 77 rooms Please don't call the hotel or speak to staff about the sale or any details.

Property Subtype:

Hotel

Date on Market:

2025-06-17

Saginaw Industrial for Sale

Property Subtype:

Manufacturing

Date on Market:

2025-06-03

Saginaw Retail for Sale

Strategically located at the intersection of Bay Road and Tittabawassee Road, Fashion Square Mall in Saginaw, Michigan offers a compelling investment opportunity in a high-traffic retail corridor. The property spans 122,000 square feet on 13.2 acres and includes a two-story JCPenney anchor parcel within a single-level enclosed mall. With over 5,200 parking spaces and a parking ratio of 6.6 cars per 1,000 SF, the site is well-equipped to support high-volume retail activity. The surrounding area is a vibrant retail submarket featuring national brands such as Target, Kohl’s, Lowe’s, Hobby Lobby, Dick’s Sporting Goods, and Meijer. Traffic counts reach 23,000 vehicles per day on Bay Road and 22,000 on Tittabawassee Road, ensuring strong visibility and accessibility. The property is part of a larger 78-acre development with potential for future expansion or redevelopment. Demographics within a 5-mile radius include a population of over 84,000 and an average household income of $91,000, reflecting a stable consumer base. The site’s ownership interest is fee simple, and its location within a regional mall offers flexibility for repositioning, redevelopment, or continued retail use. This asset is ideal for investors seeking a well-located retail parcel with strong co-tenancy, high traffic exposure, and long-term upside in a resilient Michigan market.

Property Subtype:

Department Store

Date on Market:

2025-04-28

Pontiac Portfolio of properties for Sale

205,823 SF consisting of a five-story 184,473-square-foot office/specialty building (“OLHSA Building”), 14,658-square foot gymnasium/industrial building (“PAE Gym”) and a two story -6,692-square foot-bar/restaurant (“Bar Building”) located in Pontiac, Michigan.

Property Subtype:

Mixed Types

Date on Market:

2025-02-05

Saginaw Hospitality for Sale

The Red Roof Inn located in Saginaw, Michigan, is a two-story, 63 room hotel that was built in 1974 and underwent a renovation in 2017. Situated on 4.04 acres right off Interstate 75, this well-positioned property provides easy access easy access to Castle Museum, Shiawassee National Wildlife Refuge, and The Dow Event Center.

Property Subtype:

Hotel

Date on Market:

2025-01-29

Birch Run Land for Sale

Prime development opportunity located at the signalized corner of Birch Run Road and Dixie Highway immediately off I-75, Exit 136, one of Michigan’s busiest interstate exits. The 1.73-acre site offers excellent visibility, strong traffic counts, and convenient access from both roads. The property sits in the heart of Birch Run’s primary retail and tourist corridor, directly across from Meijer and minutes from the Birch Run Premium Outlets, which attract more than 3 million visitors annually. Ideal for quick-service restaurants, convenience retail, automotive users, or other highway-oriented concepts. Ground lease or build-to-suit opportunities available.

Property Subtype:

Commercial

Date on Market:

2024-06-17

Romulus Hospitality for Sale - Airport District

Hilco Real Estate, in cooperation with Paramount Lodging Advisors, is pleased to announce the receivership sale of the Delta Hotels by Marriot Detroit Metro Airport. Immediately adjacent to the Detroit Metropolitan Wayne County Airport (DTW), this well-maintained hotel sits on a large, 9.17± acre lot. The four-story hotel features modern amenities for a wide range of guests. From the conference center to the café to the complimentary airport shuttle, the hotel ensures all guests are comfortable. The property has operated as a Delta Hotels by Marriott since 2018 after undergoing extensive renovations from 2014-2018. The sale provides a unique opportunity for a purchaser to assume attractive financing of 4.9% with six years of the remaining term.

Property Subtype:

Hotel

Date on Market:

2023-12-07

West Branch Retail for Sale

Real Estate, Liquor License & Rental Property Included Well-established and profitable restaurant/bar with annual gross sales exceeding $1,000,000 and strong positive cash flow. Located in a high-traffic Northern Michigan recreational area serving locals, vacationers, weekenders, and ATV/UTV enthusiasts year-round. Strategically positioned near an all-sports lake, resort, vacation rentals, campground, and extensive trail systems, generating a diverse and consistent customer base. Significant renovations completed, resulting in 3x increased operational efficiencies. Turnkey operation supports on-site management and owner income. Sale includes business, real estate, liquor license, and an additional rental property, offering multiple revenue streams. Growth opportunities include extended kitchen hours, breakfast service, events, catering, and expanded marketing. Ownership will provide 3 months of transition training plus seasonal support. Reason for sale: Retirement and health considerations. Ideal for an owner-operator seeking a profitable operation with upside in a premier Northern Michigan market. Reach out with proof of funds, broker will send NDA and then further information can be shared, reach out to broker directly.

Date on Market:

2026-04-09

Birch Run Retail for Sale

Hard corner now available at the 2nd highest used exit on I-75! This corner offers over 1.3 acres with a new building and an existing building. The existing building is currently rented to a long-term tenant with approximately 3 years left on their lease. The new building was being constructed for cannabis use and will be completed soon. Completion of the new building will not include the interior. That will be roughed in.

Property Subtype:

Storefront

Date on Market:

2026-04-24

Freeland Land for Sale

Position your business for success at River Center, a newly developed commercial business park designed for growth and visibility. This offering features a 10-acre parcel with 620 feet of M-47 frontage, providing excellent exposure and accessibility for a wide range of commercial uses. All essential utilities are readily available at the site, including city water and sewer, natural gas, and electric, helping streamline development. With strong frontage, high visibility potential, and a strategic location within River Center just off of M-47, this parcel is a rare opportunity in Freeland to secure a premium site. Other sized commercial parcels available.

Property Subtype:

Commercial

Date on Market:

2026-04-20

Bark River Retail for Sale

Bar/Restaurant with 2 restrooms, gas station & convenience store. Living quarters in basement. All brand new and remodeled gas station, windows, doors, entrance, bar, roof over store, mini splits and more!

Property Subtype:

Restaurant

Date on Market:

2026-04-16

Escanaba Specialty for Sale

A rare opportunity to own a beloved community staple that has had the same owner for 20yrs, where the view alone sets this businessapart from all others. Breezy Point Bar & Restaurant is perfectly positioned on the shores of Lake Michigan with an easterly exposure ,delivering breathtaking sunrises and natural light that creates an unforgettable ambiance for guests. They are locally known for the delicious options make on the only wood fire oven which also serves up the area's best pizzas. This one-of-a-kind offering includes a fully operational bar and restaurant, plus a charming 1-bedroom cottage currently operating as a successful Airbnb. Ideal as owner or manager living quarters or continue maximizing income with short-term rentals. The cozy cottage comfortably sleeps 4–5 guests and is fully furnished. It features a queen bedroom, queen futon, Smart TV, Wi-Fi, and a private fenced yard. Guests can unwind in the hot tub, gather around the fire pit, or stroll down to the lake to enjoy waterside fires and panoramic views. Breezy Point Bar & Restaurant delivers location, character, and multiple income streams in one exceptional package! Showings to be held on Sunday or Monday when they are closed, or before 3:00 Tues-Friday for the Bar/restaurant. Showings to be scheduled around Airbnb bookings for the house. Liquor license is Class C + outdoors, food license, lotto license. POS is owned. Security system is owned. Jukebox & ATM are contracted through Mike Gartland. There are 2 NG and 2 Elec. meters (house &business), they share the well & septic. Seller gets septic pumped every spring & fall. There are Airbnb bookings through August currently. Charter internet in restaurant

Date on Market:

2026-04-16

Norway Retail for Sale

Here's your chance to own a well-established small-town restaurant and bar with incredible opportunity for expansion and new revenue streams. Known for its homemade, from scratch menu, this popular local spot features daily specials and a welcoming atmosphere that keeps customers coming back. The property offers farm more than just a dining area. There is a full bar, and the building was originally a bowling alley, and the lanes are still installed--creating a unique opportunity for the next owner to reimagine the space. With plenty of room for additional seating, entertainment, or recreation, the possibilities are endless. Consider converting the bowling area into a corn hole venue, pool table lounge, arcade, or expanded dining space to attract new customers and events. This versatile venue can comfortably host private parties of up to 100 guests and provides excellent space for meetings, social clubs, community groups, and special events. Located in a welcoming small-town community with loyal local support, this property is prefect for an owner-operator looking to step into a functioning restaurant while unlocking the untapped potential of the space. ADDITIONAL PICTURES

Property Subtype:

Restaurant

Date on Market:

2026-04-01

Birch Run Specialty for Sale

Once-in-a-Lifetime commercial development opportunity on 2.46 acres - high-traffic Dixie Highway location. Presenting an exceptional commercial development opportunity consisting of three contiguous parcels offered together, totaling 2.46 acres, strategically positioned on high-visibility Dixie Highway directly across from the proposed Birch Run Convention Center. This prime location sits just off one of I-75’s most heavily traveled exits, providing outstanding exposure and accessibility for a wide range of commercial uses. This property is ideally located minutes from northbound and southbound I-75 access and in close proximity to two of Michigan’s premier tourist destinations—Birch Run Premium Outlets and Frankenmuth—making it a highly desirable site for retail, hospitality, service, or mixed-use development. The offering includes three residential homes and two outbuildings/pole barns, all of which are currently tenant-occupied, providing immediate income while planning future redevelopment. The parcel’s size, frontage, and surrounding growth corridor position it as a rare long-term investment with significant upside. This is a rare opportunity to secure a premier development site in one of Mid-Michigan’s fastest-growing commercial and tourism corridors.

Property Subtype:

Residential Income

Date on Market:

2026-03-26

Woodhaven Hospitality for Sale - Downriver South

The Best Western Woodhaven Inn is a well-located hotel positioned along the I-75 corridor in the Downriver Detroit submarket, benefiting from proximity to Detroit Metropolitan Wayne County Airport (DTW) and major regional employers. The property offers a stable operating history supported by consistent corporate and transient demand, along with multiple recent capital improvements. The asset presents a value-add opportunity to enhance profitability through operational efficiencies, including potential repositioning of certain operations and alignment of staffing with industry standards. With a strong location and established demand base, the property is well positioned for improved margins under new ownership.

Property Subtype:

Hotel

Date on Market:

2026-03-23

Constantine Retail for Sale

Do you want to live where you work? Or rent out the lower level to minimize your expenses while you live upstairs? This well-known cajon restaurant was a staple in the community and comes fully equipped with all fixtures and equipment included! Permission by the health dept. has been given to cook in the outside area!The 1,200 sq ft main level is full of character and charm, featuring a fully furnished coffee bar, refrigeration/freezers, dual restrooms and more! Upstairs, you'll find a beautiful 2-bedroom, 2-bath apartment, with thoughtful details throughout. Features include a private entrance, 2-car garage, stainless steel appliances, ceramic heated tile flooring and a whirlpool tub. Perfect for an owner-operator or additional rental income. A full basement under the store offers a potential rental unit with a full bathroom and also provides exceptional additional space for storage or expansion opportunities. Prime location, income potential and unmatched character, this is a rare downtown opportunity you won't want to miss. Owner updates include, but not limited to: new cooler/freezers, coffee maker/grinders, awning, and mini-split a/c unit. Also included is a Bruno chair lift with 400lb capacity attached to the staircase leading to the residential unit upstairs.

Date on Market:

2026-03-08

Muskegon Office for Sale - Muskegon Heights

CORE Plaza is a six-story, 48,621 SF mixed-use office and retail asset that has undergone a complete redevelopment & re-imagining, establishing itself as a premier commercial destination in the heart of downtown Muskegon. The property features a blend of uses including a food hall & boutique retail suites on the 1st and 2nd floors, along with coworking & professional office suites on the upper floors, creating a diverse and resilient income stream. The property has had significant capital improvements in the last 4 years. Due to the properties nature as a redevelopment it qualified for multiple tax incentives that upon sale are able to transfer to a buyer, including an Obsolete Property Rehabilitation Exemption (OPRA) as well as Brownfield Plan, through which the property owner is reimbursed annually for costs incurred during redevelopment.

Property Subtype:

Medical

Date on Market:

2026-03-03

Muskegon Sports & Entertainment for Sale - Northern Muskegon County

Prime 34-Acre Motorsports & Entertainment Destination Thunderbird Raceway – 350 W Riley Thompson Road, Muskegon, MI 49445 Turnkey Cash-Flowing Operation | Immediate Revenue + Explosive Development UpsidePositioned as Western Michigan’s premier dirt-track venue and a recognized community landmark since 1958, this 33.73-acre commercial entertainment complex offers owners and investors a rare opportunity to capitalize on an established, high-visibility asset or unlock its full potential as a regional destination. Proven Turnkey Operation – Ready for New OwnershipThunderbird Raceway delivers consistent weekend revenue through a loyal fan base and diversified programming. The facility hosts 20–25+ Saturday night events per season (April–September), drawing 500–1,000 attendees per night and 130–140 competing vehicles across seven classes from youth Mini Wedges to high-horsepower Super Late Models and IMCA Modifieds. Recent ownership enhancements and Dalton Township approvals have already expanded permitted uses to include: Flea markets Sunday concert series Themed community nights Extended operating hours (up to midnight) Ancillary income streams include concessions, sponsorships, pit rentals, parking, and merchandise. The track’s strong social media presence and MyRacePass integration ensure low-cost, high-engagement marketing. For current owners or an operator-buyer, this is a plug-and-play business with immediate cash flow, scalable programming, and proven demand in a recreation-rich market. Exceptional Development Potential on 33.73 Acres The expansive, mostly cleared parcel (with mature tree buffering for noise/privacy) sits on a prime site in Dalton Township with approved special land-use flexibility for entertainment and assembly uses. Strategic buyers can envision: Year-round entertainment district — Add permanent concert pavilion, RV/camping hookups, or indoor event center. Motorsports expansion — Reactivate the historic drag strip footprint, introduce karting, off-road, or motorsports training facilities. Mixed-use hospitality play — Boutique hotel, glamping, or sports bar/restaurant overlooking the track. Retail & experiential synergy — Automotive-themed retail, go-kart track, or family adventure park. The property includes grandstands, pit areas, multiple access points, a small 960 SF building, ample paved/gravel parking, and infrastructure ready for phased investment. Recent township support (master plan landmark designation + expanded special land-use permit) de-risks future approvals and signals strong local backing. Strategic Location in Growing West Michigan Market Just minutes from Muskegon’s vibrant downtown, Lake Michigan beaches, and the Muskegon Lake waterfront. Easy access via US-31 and nearby I-96 corridor. Serving a regional population exceeding 170,000 (Muskegon-Norton Shores MSA) plus heavy seasonal tourism. Booming demand for experiential and family entertainment venues in Michigan’s “Coast Guard City” and recreational corridor. In a market seeing renewed investment in adaptive-reuse projects, mixed-use developments, and tourism assets, Thunderbird Raceway stands out as a differentiated, income-producing property with tangible barriers to entry (track infrastructure, brand equity, and zoning precedent). Whether you seek to own and operate Michigan’s most exciting Saturday-night destination or reimagine this landmark as a premier multi-use entertainment campus, this is a generational opportunity.

Date on Market:

2026-03-02

Saginaw Health Care for Sale

Broker of Record Matt Fitzgerald License # 6505432273 (MI), 6502432668 (MI) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Date on Market:

2026-02-26

Manistique Land for Sale

This is a prime commercial opportunity just east of downtown Manistique, ideally situated on one of the Upper Peninsula’s busiest highway corridors. This vacant property, formerly a motel, features existing concrete infrastructure, two driveway entrances, and over 650 feet of highway frontage. Located just a few hundred feet from Lake Michigan, the land enjoys high visibility and strong tourism traffic, making it perfect for retail, restaurant, hospitality, or mixed-use development. Utilities are conveniently located on-site, and the mostly level terrain offers a smooth path to development. With ample acreage and a multitude of possibilities, this property is ready to become your next successful venture!

Property Subtype:

Commercial

Date on Market:

2026-02-19