224 E Caspian Avenue, Caspian, MI 49915
224 E Caspian Avenue, Caspian, MI 49915
224 E Caspian Avenue, Caspian, MI 49915
224 E Caspian Avenue, Caspian, MI 49915
224 E Caspian Avenue, Caspian, MI 49915
224 E Caspian Avenue, Caspian, MI 49915
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David Godin

David Godin

+1(586) 416-0600
$ 94,900
Est. payment | /mo

2,498 SqFt

Save
$ 94,900
Est. payment | /mo
Save

2,498 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,498 sqft

Price per Sqft $37

Subdivision Mi

MLS Listing ID 50137186

Year Built 1917

Annual Tax Amount $1,101

Tax Year 2022

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x150

Property Sub-Type Business

Property 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.

Location

State MI

County Iron

Area Caspian (36004)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features On Site

Roof Type Metal

Building

Foundation Basement, Crawl, Piller/Post/Pier

Water Public Water

Structure Type Other,Partial-Vinyl

Others

Ownership LLC

SqFt Source Measured

Energy Description Natural Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX NORTH COUNTRY

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David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

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224 E Caspian Avenue