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205 E Division

Ishpeming, MI 49849
  • $219,900
  • STATUS: Active
  • ON SITE: 248 Days
  • MLS #: 50130709
Price Reduced
UPDATED: 47 min ago
$219,900
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,737
    SQFT
  • $59
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

Description

Great business opportunity with Business and residential income. It is located on three city lots and has a spacious outdoor area with a liquor license for outdoor service. The bar area is equipped with a stage for live music, a microphone and speaker system, security system, several TV screens and pool tables, including one for tournaments. The bar also has a kitchen and two restrooms for customers. In addition, there is a rental unit upstairs with three bedrooms, one bathroom, a living room, and an eat-in kitchen. The full basement serves as storage for liquor room, kegs and ice machine. The electrical and plumbing systems have been updated, as well as new lighting, newer roof and the parking lot has been newly paved. The liquor license includes Sunday sales, entertainment, package sales, a food handler license and lottery. This is a great chance to own a profitable and well-maintained property in Ishpeming. Seller may entertain land contract.

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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: 2024-09-08T21:51:17.397.
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205 E Division Ishpeming, MI 49849

  • Price: $219,900
  • Status: Active
  • On Site: 248 Days
  • Updated: 47 min ago
  • MLS #: 50130709
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,737
SQFT
$59
$/SQFT
Neighborhood:
Original City Of Ishpeming
County:
Marquette
Area:
Ishpeming (52013)
Property Description
Great business opportunity with Business and residential income. It is located on three city lots and has a spacious outdoor area with a liquor license for outdoor service. The bar area is equipped with a stage for live music, a microphone and speaker system, security system, several TV screens and pool tables, including one for tournaments. The bar also has a kitchen and two restrooms for customers. In addition, there is a rental unit upstairs with three bedrooms, one bathroom, a living room, and an eat-in kitchen. The full basement serves as storage for liquor room, kegs and ice machine. The electrical and plumbing systems have been updated, as well as new lighting, newer roof and the parking lot has been newly paved. The liquor license includes Sunday sales, entertainment, package sales, a food handler license and lottery. This is a great chance to own a profitable and well-maintained property in Ishpeming. Seller may entertain land contract.
Exterior Features

Exterior Construction MetalStoneVinyl Siding Foundation Type Basement Frontage 105 Location Main Street Lot Size 105x100 Parking 21+ Spaces Roads City/County Roofing Rubber Site Depth 100 Water Features None Waterfront YN No

Interior Features

Basement YN Yes Commercial Features Living QuartersRestroom(s)Security Syetem OwnedSidewalksWood Floors Cooling System Dual/Zoned Fuel Type Natural Gas Heating System Boiler Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Association Or Landlord Pays ElectricGasTrash RemovalWater/Sewer Business Name Royal Pub Business Type Bar/Tavern Commercial Type Commercial/Industrial Encroachment YN No Environmental Condition YN No Financial Terms CashCommercial LoanLand Contract Lease Information Month-To-Month Lease YN No License Available YN Yes License Type Liquor Municipality Ishpeming Ownership LLC Present Licenses Liquor License Sale Includes Business and Real Estate Sewer Septic Public Sanitary Sq Ft Source Public Records Subject To Short Sale Approval No Summer Tax Amount 1120 Summer Tax Year 2022 Total Tax Amount 1781 Total Tax Year 2022 Type Investment Water Public Water Winter Tax Amount 661 Winter Tax Year 2022 Zoning Commercial

Listing courtesy of RE/MAX 1ST REALTY : 906-225-1136.

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: 2024-09-08T21:51:17.397.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507