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    Turnkey Restaurant & Rental Income
    Updated: Sep 18, 2025
    Turnkey Restaurant & Rental Income

    305 Iron Street, Negaunee, MI 49866

    $750,000
    5,356 sqft
    Turnkey restaurant and bar (Jackson’s Pit) with established business and loyal customer base.
    Includes valuable Class C liquor license, Sunday Sales permit, and additional bar license for outdoor events.
    Located in Negaunee's revitalized downtown Social District, benefiting from high visibility and foot traffic.
    Features five residential rental units on the second floor, providing immediate passive income.
    Opportunity to increase rental income from the apartments for added value.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    305 Iron Street, Negaunee, MI 49866,

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $939K
      Above asking

    • Last Sold

      Aug 2013
      $175K

    • Property Type

      Commercial (General)
      Built 1890
    View Property Analytics
    Turnkey Bar and Restaurant
    Updated: Apr 24, 2025
    Turnkey Bar and Restaurant

    1110 Champion Street, Marquette, MI 49855

    $1,150,000
    4,280 sqft
    Bar and restaurant property offered at $1.15 million; recently appraised at $1.6 million.
    Completely rebuilt from the 4 walls with a layout that supports separate operation of the bar and restaurant if desired.
    Includes equipment, furnishings, and all inventory; recipes and menus are not included in the sale.
    County liquor license included, stated value of $80,000.
    US 41 visibility with exposure reported by MDOT to over 20,000 vehicles per day.
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    Historic Coffee Shop and Bar
    Historic Coffee Shop and Bar

    401 N Third Street, Marquette, MI 49855

    $849,000
    2,806 sqft

    Turnkey coffee shop, roastery, and bar in a Victorian building with retained original features and a basement walk-in cooler.

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    Restaurant and Bar with Dance Floors
    Restaurant and Bar with Dance Floors

    100 Cliff Street, Negaunee, MI 49866

    $990,000

    Commercial restaurant with a full bar, takeout window, entertainment areas, and on-site parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Established Brewery Business Opportunity
    Established Brewery Business Opportunity

    501 S Lake Street, Marquette, MI 49855

    Contact for pricing

    Award-winning brewery for sale with equipment, recipes, and branding.

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    Pub Building with Terrazzo Flooring
    Pub Building with Terrazzo Flooring

    440 Iron Street, Negaunee, MI 49866

    $99,900
    3,456 sqft

    Former pub space in Negaunee’s downtown business district, adjacent to Jackson Park and nearby dining and recreation.

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    Bar & Grill with Apartments
    Bar & Grill with Apartments

    5 E Stephenson, Gwinn, MI 49841

    Contact for pricing

    Established bar and restaurant with a commercial kitchen, entertainment features, and upstairs residential space.

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    Bar and Restaurant With Patio
    Bar and Restaurant With Patio

    1751 Presque Isle Ave, Marquette, MI 49855

    Contact for pricing

    Bar and restaurant with outdoor covered patio and updates including electronic entertainment and second-story space.

    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 8 Active listings in Marquette County, MI, we suggest exploring several alternatives:

    Marquette County, MI Bars & Pubs Market Trends and Statistics

    Explore 8 bars & pubs for sale in Marquette County, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 15,898 square feet of properties for sale, with an estimated market value of $3,838,900.

    Sale prices for pubs in Marquette County, MI start at $99,900, averaging $767,780, and reaching up to $1,150,000 — 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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    Featured Marquette County Real Estate Agencies

    Realmo connects you with licensed Marquette County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Northern Michigan Land Brokers
    2552 US 41 West Ste 100 Marquette, MI 49855
    Phone: 19062255263
    www.NorthernMichiganLandBrokers.com
    Century 21 Prime Realty
    2112 US 41 Hwy West, Suite 1 Marquette, MI 49855
    Phone: 19062285230
    www.upprimerealty.net/

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