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    Central Lake, MI
    Bar & Pub

    Central Lake, MI Bars & Pubs for Sale

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    Eastport, MI Bellaire, MI Ellsworth, MI Kewadin, MI East Jordan, MI Alden, MI Mancelona, MI Charlevoix, MI
    Boutique Hotel and Event Space
    Updated: Jun 28
    Boutique Hotel and Event Space

    2287 S Main Street, Central Lake, MI 49622

    $850,000
    3,200 sqft 1.00 AC lot
    5‑suite boutique hotel and event space in Central Lake, with private baths for each suite
    Main level includes sitting room, piano room, large dining area, plus shared kitchen and on‑premise laundry
    Lower level speakeasy/barrel room for guest hosting and/or special event rentals
    Owners suite with bath located just off the garage, fully remodeled
    Whimsical grounds feature Knowles Creek, deck, fire pit, and various lounging areas
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    This listing looks promising.

    Here's a quick look at some key insights for

    2287 S Main Street, Central Lake, MI 49622

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $508K
      Suggested
    View Property Analytics
    Boutique Hotel with Event Space
    Updated: Jun 29
    Boutique Hotel with Event Space

    2287 S Main Street, Central Lake, MI 49622

    Contact for pricing
    3,200 sqft
    Boutique hotel and event space built in 1895, currently income producing
    5 suites with private baths, plus a sitting room and a large dining area
    Lower level features a remodeled speakeasy/barrel room that can host guests or be rented for special events
    Owners suite with bath located just off the garage, remodeled
    On‑site shared kitchen and laundry
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Central Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Nightclub with Liquor License
    Nightclub with Liquor License

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    $879,000
    3,456 sqft 0.55 AC lot

    Operating adult entertainment venue with a full basement, parking lot, and adaptable space for hospitality or event use.

    View details
    Nightclub with Full Basement
    Nightclub with Full Basement

    4621 RAPID CITY RD, Rapid City, MI 49676

    $879,000
    3,456 sqft

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    Indoor Go-Kart Racing Facility
    Indoor Go-Kart Racing Facility

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    $2,500,000
    61,502 sqft

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    View details
    Historic Multi-Patio Restaurant & Bar
    Historic Multi-Patio Restaurant & Bar

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    $2,400,000

    Restaurant and bar space with seating for 200-plus, fully equipped commercial kitchen, and multiple outdoor patios.

    View details

    Central Lake, MI Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Central Lake, MI on our real estate platform. These investment opportunities span a total of 6,400 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for pubs in Central Lake, MI average $850,000 — 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 2

    Demographics Overview

    Population 2,646
    Population Growth (5Y) +5.4%
    Median Household Income $66,618
    College Educated 40.3%

    High-Yield Neighborhoods for Investment

    Identify Central Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49622 $850K

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $21.40 per SF
    Tax Rate vs County Average 0.91 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Antrim County

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