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    Montague, MI
    Bar & Pub

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    Whitehall, MI Muskegon, MI Twin Lake, MI Rothbury, MI North Muskegon, MI Holton, MI New Era, MI Shelby, MI
    Renovated Restaurant with Event Space
    Updated: Aug 21
    Renovated Restaurant with Event Space

    8725 Water Street, Montague, MI 49437

    $600,000
    4,000 sqft 0.17 AC lot
    Approximately 4,000 SF restaurant property on a 0.17‑acre lot
    Indoor capacity for 99 guests: 50 in the restaurant and up to 49 in the event area
    Modern commercial kitchen with specialty pizza equipment, commercial hood, and fire‑suppression components
    2024 interior renovation and 2026 event‑area completion with new flooring, walls, and ceiling
    Direct event‑area access to Weathervane Lane and Montague's Social District
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    This listing looks promising.

    Here's a quick look at some key insights for

    8725 Water Street, Montague, MI 49437

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Mortgage

      $280K
      Apr 2024

    • Last Sold

      Apr 2024
      $350K

    • Property Type

      Commercial (General)
      Built 1960
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Montague, 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.

    Restaurant and Event Venue
    Restaurant and Event Venue

    1511 N Wilson Road, Mears, MI 49436

    $1,195,000
    5,984 sqft 15.17 AC lot

    Restaurant operation with bar service, live-entertainment infrastructure, outdoor gathering areas, and supporting hospitality improvements.

    View details
    Downtown Restaurant/Bar Building Renovation
    Downtown Restaurant/Bar Building Renovation

    1208 8th Street, Muskegon, MI 49440

    $1,200,000
    6,522 sqft 0.56 AC lot

    Updated restaurant/bar building with new utilities, roof, windows, and restrooms; interior is white-box for tenant buildout.

    View details
    Remodeled Bar/Restaurant with Rooftop Deck
    Remodeled Bar/Restaurant with Rooftop Deck

    609 West Western Avenue, Muskegon, MI 49440

    $565,000
    2,744 sqft

    Remodeled bar/restaurant in downtown Muskegon with rooftop deck.

    View details
    Bar and Grill with Event Spaces
    Bar and Grill with Event Spaces

    1511 N Wilson Road, Mears, MI 49436

    $1,195,000

    Commercial property combines food service, indoor and outdoor gatherings, overnight lodging, campsites, and a camp store.

    View details

    Montague, MI Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Montague, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for pubs in Montague, MI average $600,000 — 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 6,622
    Population Growth (5Y) -5.2%
    Median Household Income $77,224
    College Educated 35.0%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Muskegon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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