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Listed price in listed location currency (USD).
$109,500

000

MLS® 50137186

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 2498 sqft
Garage No
HOA Fees 
Taxes $1,102
Days Active 679
Approx. Age 1917
Avg. Price Per Sqft $43
MLS® Number 50137186

Property Address: 224 E Caspian Avenue, Caspian, MI, 49915

Average square foot calculated using Size range provided by listing agent.

Description

Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as an Ice Cream Parlor and turned into a tavern after prohibition. Live upstairs in the spacious 2 bedroom 960 square foot apartment or rent it out for extra income. This property has a neat and clean interior with a well organized kitchen ready for a new owner to take over. Newer fryer, only 4 years old, new was $10K. Liquor license is included. All buildings have metal roofing. Interior has an inviting atmosphere with newer flooring and a U.P. Vibe. His & hers restrooms along with a back room for beverage storage. This area also has a walk-in cooler. Main building 24x40 with 960 sf in the bar area and another 960 in the upstairs apartment. Kitchen plus backroom storage area add another ~578 sf. There is a partial basement, 10 x 13, which is rock & mortar and poured concrete with a natural Gas forced air furnace, 15 yrs and electric water heater, 4 yrs. Tables, chairs, stools, appliances, walk-in cooler and pool table are all included. Dart machine and jukebox are rented. Older garage at alley for storage. There are some new windows and extra vinyl siding for the building that will stay.
MLS® Number50137186
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1917
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Business and Real Estate, Living Quarters

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2024List Date
$109,500List Price
  • Commute

Commute

Starting Address
Destination Address
224 E Caspian Avenue, Caspian, MI

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