305 Iron Street, Negaunee, MI 49866

$750,000
  • 305 Iron Street, Negaunee, MI 49866 Main Photo

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Active
SQUARE FEET5,356 MLS#50185078
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONIron Street

Property Description

Turnkey Restaurant/Bar with Rental Income ? Prime Downtown Negaunee Location Opportunity knocks in the heart of Negaunees revitalized downtown! Jacksons Pit, a well-established and locally loved restaurant and bar on Iron Street, is now available. This fully operational business comes with a Class C liquor license, Sunday Sales, and an additional bar license for outdoor events ? perfect for maximizing revenue during festivals, social district events, and summer gatherings. Situated in the City of Negaunees Social District, the property benefits from increased visibility and foot traffic as the area continues to grow and attract both residents and visitors. The second floor features five residential rental units, offering immediate passive income with room to increase rents for added value. Live your dream of being your own boss while enjoying an additional revenue stream from the apartments above. Whether youre an entrepreneur looking to own your first restaurant or an investor seeking a mixed-use property in a growing area, Jacksons Pit delivers on both business and real estate potential. Dont miss this rare chance to own a piece of Iron Street in a community on the rise.

305 Iron Street | MLS# 50185078

This commercial property located at 305 Iron Street, Negaunee, MI 49866 is currently listed for sale with an asking price of $750,000. Search Negaunee real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.06 Acres
Roof Type: Metal
Year Built: 1890

Feature Descriptions

Business Type: restaurant/bar/apartment
Ceiling Height: Less than 16 Ft.
Commercial Features: Alley, Bath, Cable Internet Installed, Cable TV Available, Cafe/Kitchen, Concrete Floor, Delivery Door, Furniture, Living Quarters, Living Quarters Attached, Public Restrooms, Restroom(s), Sidewalks, Trash Removal
Days on Site: 254
Exterior: Aluminum, Block, Brick, Metal
Licenses: Food, Liquor License
Sewer: Public Sanitary
Water: Public Water
Water Features: None

Listed By / Shown By

Listed By

Agency Name: RE/MAX 1ST REALTY
Agency Phone: 906-225-1136

Shown By

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

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