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Remodeled Bar and Pool Hall
For Sale
$480,000

224 Stephenson Avenue, Escanaba, MI 49829

COM/IND/BUS OPP, Escanaba, MI

Property Size4,805 SF
Lot Size0.19 Acres
Price / SF$99.90
Days on Market187

Property Features for 224 Stephenson Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Patio and Porch features Patio
Exterior features Deck/Patio, Fenced Yard, Wheelchair Access
Fencing Fenced
Accessibility Accessible Approach with Ramp
Subdivision Escanaba (21010)
Standard status Active
Size 4,805 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1554

Utilities

Heating system Radiant Floor, Oil, Forced Air, Radiant
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

Elevated areas for private parties and events
Full-size office or flex room

Building Details

Year built 1900
Roof type Metal
Listing Agency: KEY REALTY DELTA COUNTY LLC
Listed By: SCOTT MOSIER · License #UPAR
Added: Mar 5 Changed: Sep 7 Last Checked: Sep 8 at 10:06AM
MLS# 50200820

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This bar and pool hall occupies 4,805 square feet and was substantially updated in 2014, including electrical and mechanical systems. The hospitality-oriented layout accommodates up to 324 guests and includes 10 Valley coin-operated pool tables, dart and pool league activity, tournament space, bean bags, and FlyBean games. Two raised areas support private gatherings, while a full-size office or flex room adds operational utility. The property also includes an attached heated garage and an approximately 1,500-square-foot basement with storage and a walk-in cooler.

The property is located at 224 Stephenson Avenue in Escanaba, Michigan, on a 0.19-acre parcel. A gated, fenced parking area is positioned behind the building, and the site includes a patio, ramp access, public water, metal roofing, radiant and forced-air heating, and central air. The Class C liquor license permits on-premises service, retail off-premises sales, Sunday sales during both morning and evening periods, dance and entertainment, and an outdoor service area. Bar equipment includes three coolers, a freezer, and a refrigerator.

Key Highlights

  • 4,805‑square‑foot bar and pool hall on a 0.19‑acre parcel
  • Remodeled in 2014 with updated electrical and mechanical systems
  • Capacity for up to 324 guests with 10 Valley coin‑operated pool tables

Property Analytics

Current Use

Wise Amusements (Bike/Boat/Book/etc) Store Crazy Joes Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Grocery & Convenience Store Barber Shop Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

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  • Mo's Pub 2116 Ludington St, Escanaba, MI 49829

Frequently Asked Questions

What type of property is this?
Bar & Pub - Hospitality venue with licensed on-premises and off-premises alcohol sales.
Where is this bar & pub located?
The property is located at 224 Stephenson Avenue Escanaba, MI.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 4,805‑square‑foot bar and pool hall on a 0.19‑acre parcel; Remodeled in 2014 with updated electrical and mechanical systems; Capacity for up to 324 guests with 10 Valley coin‑operated pool tables
More about this property
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