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    19327 Caberfae Hwy Wellston, MI 49689

    For Sale
    $550,000

    SINGLE_FAMILY - Wellston, MI

    Type:Retail
    Property size:
    2,968 SF
    Lot size:
    2.50 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 19327 Caberfae Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    10-900-260-00
    Size
    2,968 SF
    Lot size
    2.50 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    1
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Composition

    Five Star Real Estate - Onekama (231) 508-1001

    Listing agent Kurt Dawdy (231) 510-4366

    Listing date Oct 19, 2025

    Copyright © 2025 Montcalm County 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

    Turnkey Bar & Grill Opportunity

    The Red Neck Yacht Club, formerly the Deer Horn Inn, is a rebuilt bar and grill established in 2019. The property is located on Caberfae Highway (M-55) in Wellston, positioning it as a visible stop for those exploring the Manistee National Forest. The property is located in the heart of Northern Michigan's year-round recreation, surrounded by lakes, trails, campgrounds, and rivers. This turnkey property is positioned to capture tourist traffic. The location sits on summer and winter trail systems known as trails 3 and 6. The property size is 2968 square feet and sits on a 2.5-acre lot. An additional 8.84 acres with a 30x40 pole barn is available and could be included in the sale. The property includes a 550 Resort liquor license and remaining inventory to be sold separately. The property is intended for use as a bar and grill.
    Property Profile Location Intelligence

    Current Use by Public Records

    Billy Ray & Dani ... Bar & Grill

    Suggested Use

    Restaurant Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellston
    County
    Manistee
    State
    Michigan
    Longitude
    -85.914162
    Latitude
    44.222598

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    FAQs

    What type of property is this?
    Bar - Rebuilt bar and grill in the heart of Northern Michigan.
    Where is this bar located?
    The property is located at 19327 Caberfae Hwy Wellston, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turnkey bar & grill rebuilt in 2019, ready to operate.; - Prime location on high-visibility Caberfae Highway (M-55) in Wellston.; - Located in the heart of Northern Michigan's year-round recreation area.
    (231) 510-4366
    Request Owner's contact information
    19327 Caberfae Hwy Wellston, MI 49689
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    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
    19327 Caberfae Hwy Wellston, MI 49689
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