Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1263 M149 Manistique, MI 49854

    For Sale
    $415,000

    Business - Manistique, MI

    Type:Business
    Property size:
    4,000 SF
    Lot size:
    21.82 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1263 M149

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Mixed Use,Other
    APN
    008-276-010-50
    Parking features
    Parking Lot
    Patio and Porch features
    Patio, Deck
    Interior features
    220 Volt Power, Additional Bldg(s), Fixtures, Floor Drain, Furniture, Living Quarters, Living Quarters Attached, Outbuilding(s), Private Restrooms, Public Restrooms, Restroom(s), Telephone
    Exterior features
    Additional Bldg(s), Deck/Patio
    Size
    4,000 SF
    Lot size
    21.82 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Forced Air

    Building Details

    Year built
    1940
    Roof type
    Asphalt
    Architectural style
    Other

    GROVER REAL ESTATE (906) 341-2131

    Listing agent DAVID MUXLOW (906) 341-2131

    Listing date Oct 29, 2025

    MLS# 50174572 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Tavern with Resort Liquor License

    The Big Spring Tavern, formerly the Big Spring Inn, is a local landmark in Manistique, Michigan, with a history dating back to the 1940s. Situated minutes from the emerald spring waters of Kitch-iti-kipi in Palms Book State Park, the tavern has served as a stop for over 200,000 annual visitors. The property features outdoor dining, gas pumps, and direct access to Trail 7, catering to ORV, snowmobile, and outdoor enthusiasts. It holds a Michigan Original 550 Resort Liquor License, transferable statewide and unrestricted by local population quotas. The property includes on-site living quarters with renovation potential. The 21.82-acre property offers opportunities for future expansion or complementary ventures. The tavern offers a warm atmosphere, food service, and up to 26 beers on tap. The property is 4000 square feet. The intended use of the property is as a hospitality business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.385641
    Latitude
    46.000557

    Nearby Similar for Sale

    • $325,000
      1,000 SF

      Waterfront Commercial Property in Manistique

      High-exposure waterfront commercial property in a charming lakefront town.
      103 W Lakeshore Dr, Manistique, MI 49854
      View Details
    • $645,000
      19,650 SF

      Contemporary Office Building in Manistique

      Like-new office building near downtown Manistique and Lake Michigan.
      220 S Maple St, Manistique, MI 49854
      View Details
    • $232,500
      1,200 SF

      Established Flower Shop Opportunity

      Turn-key flower shop with inventory in Manistique, Michigan.
      176 River St, Manistique, MI 49854
      View Details
    • $269,000
      9,000 SF

      Manistique Commercial Building with Apartments

      Large commercial building with showroom, office space, and rental apartments.
      226 Deer St, Manistique, MI 49854
      View Details
    • $2,304,000

      Retail Property Near Lake Michigan

      Freestanding retail property with excellent visibility and accessibility.
      717 E Lakeshore Dr, Manistique, MI 49854
      View Details
    • $275,000
      2,500 SF

      Manistique Commercial/Industrial Opportunity

      High-visibility commercial property with automotive repair business potential.
      192 River St, Manistique, MI 49854
      View Details

    FAQs

    What type of property is this?
    Hotel - Established tavern near Kitch-iti-kipi with expansion potential.
    Where is this hotel located?
    The property is located at 1263 M149 Manistique, MI.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Rare and transferable Michigan Original 550 Resort Liquor License (unrestricted by local population quotas).; - Prime location near Kitch-iti-kipi (Palms Book State Park) with over 200,000 annual visitors.; - Direct access to Trail 7, appealing to ORV, snowmobile, and outdoor enthusiasts.
    (906) 341-2131
    Request Owner's contact information
    1263 M149 Manistique, MI 49854
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1263 M149
    Manistique, MI 49854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1263 M149 Manistique, MI 49854
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.