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    Bar and Restaurant with Apartment
    Updated: Apr 11
    Bar and Restaurant with Apartment

    12946 S Straits Highway, Wolverine, MI 49799

    Contact for pricing
    Bar and restaurant on the main floor with a 3‑bedroom, 1‑bathroom apartment above
    Real estate, liquor license, restaurant equipment, furnishings, and décor included, with some exceptions
    Commercial kitchen includes pizza oven, flat‑top grill, fryers, salad fridge station, walk‑in cooler, freezers, and wash station
    Entertainment setup includes televisions, stage, bar stools, and dining room seating
    Furnace and central air units replaced within the last couple of years
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wolverine, 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.

    18-Hole Golf Course
    18-Hole Golf Course

    4849 N Black River Road, Cheboygan, MI 49721

    $650,000
    2,500 sqft 85.48 AC lot

    Clubhouse includes a restaurant, bar, and space for private events and tournaments.

    View details
    18-Hole Golf Course with Clubhouse
    18-Hole Golf Course with Clubhouse

    4849 N Black River Road, Cheboygan, MI 49721

    $650,000
    85.00 AC lot

    Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

    View details
    Turn-Key Restaurant with Living Quarters
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped restaurant with living space and expansion potential.

    View details
    Restaurant Building with Drive-Through
    Restaurant Building with Drive-Through

    7568 US 31, Alanson, MI 49706

    Contact for pricing

    Includes indoor dining, bar, patio, full-service kitchen, storage, office space, and on-site parking.

    View details

    Wolverine, MI Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Wolverine, MI on our real estate platform.

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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 2,238
    Population Growth (5Y) +4.3%
    Median Household Income $51,029
    College Educated 19.6%

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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