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1530 Sheridan Road, Escanaba, MI 49829

$270,000
  • 1530 Sheridan Road, Escanaba, MI 49829 Main Photo

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Active
SQUARE FEET2,300 MLS#50199738
STATUSActive PROPERTY TYPECommercial - Business

Property Description

An exceptional opportunity to own a well-established and ever-popular north side bar, thoughtfully maintained and ready for its next chapter. Situated on a spacious 0.28-acre lot with ample paved on-site and off-street parking, this business offers strong fundamentals, a loyal following, and room to grow. Inside, the bar is clean, welcoming, and well laid out with 14 bar stools, five six-top tables, and two four-top tables currently. The bar can support a total seating capacity of up to 112. The interior footprint is ideal for hosting live bands, entertainment, and special events, complemented by updated lighting and newer flooring throughout. The bar features five taps with newer lines, a retro 50s Bevador circular cooler, main-floor bottle storage, sanitization sinks, bottle coolers, and dedicated dry storage areas. Recent mechanical updates include a newer furnace, central air, and water heater, offering peace of mind to the next owner. A newer 34 x 34 fenced outdoor patio expands the experience and opens the door for cornhole, outdoor entertainment, and private gatherings. This space adds seasonal appeal and additional revenue potential. The included equipment allows for you to expanded food service beyond what they offer now, with an auto fryer, popcorn machine, and pizza oven. There is potential to expand to add a full kitchen. Entertainment amenities include four large-screen TVs for sporting events, two additional TVs for Keno, sound system, two pool tables owned by the bar, and a Michigan Lottery Keno license. TouchTunes jukebox, dart machine, and select games are operated under profit-sharing agreements. The business operates under a Class C Liquor License with outdoor service, adding to its appeal and value. Current hours of operation: Tuesday through Thursday: 3:00PM to Close; Friday & Saturday: Noon to Close; Sunday: Noon to 8:00 PM; Closed Mondays. All bar equipment, fixtures, and decor are included in the sale. Intellectual property, including the business name, logo, social media accounts, and merchandise, will also transfer with the purchase. Alcohol inventory will be inventoried at the time of sale and conveyed separately from the purchase price. Transfer of the liquor license and Michigan Lottery Keno license is subject to state approval, is not guaranteed, and may require additional state fees, which shall be the responsibility of the purchaser. Whether you are looking to step into bar ownership, expand an existing portfolio, or put your own stamp on a proven local favorite, t

1530 Sheridan Road | MLS# 50199738

This commercial property located at 1530 Sheridan Road, Escanaba, MI 49829 is currently listed for sale with an asking price of $270,000. Search Escanaba real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Ceiling Fan(s), Central A/C, HVAC
Fenced: Yes
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.28 Acres
Roof Type: Shingles
Taxes: $2,757
Year Built: 1899

Feature Descriptions

Business Type: Bar/Tavern
Ceiling Height: Less than 16 Ft.
Commercial Features: ADA Accessible, Alley, Bath, Cable Internet Installed, Cable TV Available, Concrete Floor, Delivery Area, Delivery Door, Fence, Fixtures, Public Restrooms, Restroom(s), Roof Sign, Security Equipment, Sidewalks, Telephone, Trash Removal, Vinyl/Laminate Floors, Smoke/Fire Al
Days on Site: 56
Exterior: Deck/Patio, Wheelchair Access, Fence Owned
Exterior: Concrete/Block, Partial-Vinyl, Vinyl Siding, Vinyl Tr
Licenses: Liquor License, Lottery, Lotto Terminal
Parking Notes: 21+ Spaces, Off Street, On Site, Parking Lot
Sewer: Public Sanitary
Summer Tax: 1450
Water: Public Water
Water Features: None
Winter Tax: 1307

Listed By / Shown By

Listed By

Agency Name: PREMIER REAL ESTATE, INC.
Agency Phone: 906-786-5030

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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