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10468 S Main

Rapid River, MI 49878
  • $325,000
  • STATUS: Active
  • ON SITE: 363 Days
  • MLS #: 50109716
UPDATED: 33 min ago
$325,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,938
    SQFT
  • $83
    $/SQFT
Type:
Business Opportunity
Built:
1890
County:

School Ratings & Info

Description

The iconic Swallow Inn, situated in the Heart of Rapid River, is now available to be your new business endeavor! This building originally started out as a boarding house and has been a running business for over 100 years. You've likely seen the Swallow Inn featured as "Best Fish Fry in the U.P.", named by public vote & the Daily Press! Or maybe you've seen it in clips of the movie "Escanaba in da Moonlight", or perhaps on Yooper Paranormal! How about their record selling Keno ticket winner that was close to $500,000? Or perhaps you've just heard about their one-of-a-kind salad bar, and down-right good food! Either way, iconic only begins to describe this historic building. With a full bar, dining area, kitchen, & public bathrooms, this could be an almost turn-key business operation. Stock will be included along with tables, stools, chairs, etc (with the exception of liquor), and the current owner is happy to help with the transition to the new owner. Currently has a Class C Liquor license & Michigan Lottery Retailer license. There are apartments upstairs that could be remodeled for on-site living or additional income opportunity. Come see the Swallow Inn - To Old Friends & New Ones!

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-20T22:49:56.933.
www.sellsmi.com/homes/139792343
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10468 S Main Rapid River, MI 49878

  • Price: $325,000
  • Status: Active
  • On Site: 363 Days
  • Updated: 33 min ago
  • MLS #: 50109716
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,938
SQFT
$83
$/SQFT
1890
Built
Neighborhood:
Coles Plat Of Rapid River
County:
Delta
Area:
Masonville Twp (21017)
Property Description
The iconic Swallow Inn, situated in the Heart of Rapid River, is now available to be your new business endeavor! This building originally started out as a boarding house and has been a running business for over 100 years. You've likely seen the Swallow Inn featured as "Best Fish Fry in the U.P.", named by public vote & the Daily Press! Or maybe you've seen it in clips of the movie "Escanaba in da Moonlight", or perhaps on Yooper Paranormal! How about their record selling Keno ticket winner that was close to $500,000? Or perhaps you've just heard about their one-of-a-kind salad bar, and down-right good food! Either way, iconic only begins to describe this historic building. With a full bar, dining area, kitchen, & public bathrooms, this could be an almost turn-key business operation. Stock will be included along with tables, stools, chairs, etc (with the exception of liquor), and the current owner is happy to help with the transition to the new owner. Currently has a Class C Liquor license & Michigan Lottery Retailer license. There are apartments upstairs that could be remodeled for on-site living or additional income opportunity. Come see the Swallow Inn - To Old Friends & New Ones!
Exterior Features

Exterior Construction LogWood Foundation Type Crawl Frontage 84 Lake Name None Location Corner LotMain Street Lot Size 84x137 Parking 11-20 Spaces Roads City/CountyYear Round Roofing Asphalt Site Depth 137 Substructure Types Shed Water Features None Waterfront YN No

Interior Features

Basement YN No Commercial Ceiling Height Less than 16 Ft. Commercial Features Living QuartersOutbuilding(s)Public Restrooms Cooling System None Fuel Type Natural Gas Heating System Boiler Water Heater Electric

Property Features

Additional Documents YN No Assessments YN No Business Name Swallow Inn Business Type Bar/TavernFood ServiceRestaurant Commercial Type Business Encroachment YN No Environmental Condition YN No Financial Terms CashCommercial Loan Flood Insurance Not Required Flood Plain None Inspection Complete For Well Septic No Lease YN No License Available YN Yes License Type Class C Liquor License buyer would need to apply for license Municipality Masonville Twp Occupant Trudy Boyer Ownership Private Present Licenses Beer LicenseFoodLiquor LicenseLotteryCarry Out License Sale Includes Business and Real EstateSupplies SEV 49900 Sev Year 2021 Sewer Septic Public Sanitary Sq Ft Source Assessors Data Subject To Short Sale Approval No Summer Tax Amount 555.98 Summer Tax Year 2021 Taxable Value 49900 Total Tax Amount 2393.95 Total Tax Year 2021 Township Masonville Township Type 1 to 4 UnitsHistoric Water Private Well Winter Tax Amount 1837.97 Winter Tax Year 2021 Zoning Mixed UseCommercial

Listing courtesy of GROVER REAL ESTATE : 906-341-2131.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-05-20T22:49:56.933.
 
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