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    Algonac, MI
    Bar & Pub

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    Harsens Island, MI Cottrellville, MI Marine City, MI Fair Haven, MI Ira Twp, MI East China, MI Casco, MI New Baltimore, MI
    Waterfront Bar and Restaurant
    Updated: Mar 16
    Waterfront Bar and Restaurant

    9724 Pearl Beach Boulevard, Clay, MI 48001

    $325,000
    4,400 sqft 0.38 AC lot
    Iconic waterfront bar & restaurant in historic Pearl Beach, directly next to the public fishing pier on the North Channel
    Includes the business, real estate, Johnnie Lega's name, liquor license, and all building contents
    Bar seats 100+ patrons and includes a fully equipped 23x12 commercial kitchen and industrial refrigeration
    Two restrooms, two furnaces, and two A/C units; forced‑air heating and central air
    Upper living quarters: approx. 2,000 SF apartment with 3 bedrooms above the bar
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    This listing looks promising.

    Here's a quick look at some key insights for

    9724 Pearl Beach Boulevard, Clay, MI 48001

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $368K
      Above asking

    • Property Type

      Residential (General/Single)
      Built 1909
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Algonac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Bar
    Turnkey Restaurant and Bar

    596 Busha Highway, Marysville, MI 48040

    $875,000
    5,013 sqft 1.05 AC lot

    Freestanding C-3 zoned restaurant and bar with recently updated foundation and exterior renovations plus ample on-site parking.

    View details
    Turnkey Restaurant and Bar Opportunity
    Turnkey Restaurant and Bar Opportunity

    596 Busha Highway, Marysville, MI 48040

    $875,000
    5,013 sqft

    Established restaurant and bar with high visibility and flexible zoning.

    View details
    Bar and Pub with Commercial Kitchen
    Bar and Pub with Commercial Kitchen

    11660 E 13 Mile Road, Warren, MI 48093

    $175,000
    2,300 sqft

    Operating hospitality venue with liquor license, entertainment amenities, and on-site parking for continued bar and food service.

    View details
    Turn-Key Bar and Restaurant with Liquor License
    Turn-Key Bar and Restaurant with Liquor License

    11660 E 13 Mile Road, Warren, MI 48093

    $175,000
    2,300 sqft

    Fully built-out bar and restaurant with commercial kitchen and liquor license included for immediate operation.

    View details

    Off-Market Properties in Algonac, MI

    Consider similar Off-Market properties in Algonac, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7411 Dyke Rd
    BAR, TAVERN

    7411 Dyke Rd, Clay, MI 48001-3013

    $135,000
    Estimated value
    3,780 sqft 0.34 AC lot
    View details

    Algonac, MI Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Algonac, MI on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for pubs in Algonac, MI average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -3.2%
    Median Household Income $64,538
    College Educated 24.1%

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Property Tax per SF $67.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Clair County

    New Delisted

    Total CRE Inventory on Market (SF)

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