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    4700 Mckinley Rd Mio, MI 48647

    For Sale
    $295,000

    Restaurant/Food Service,Bar - Mio, MI

    Property size:
    2,102 SF
    Lot size:
    0.75 Acres
    Days on Market:
    336
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 4700 Mckinley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Restaurant/Food
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    Basement Y/N
    1
    Size
    2,102 SF
    Lot size
    0.75 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Roof type
    Asphalt
    Architectural style
    Other

    COLDWELL BANKER SCHMIDT REALTORS-HL (989) 366-5522 [email protected]

    Listing agent RUTH CLEMENS (989) 366-5522

    Listing date Jan 13, 2025

    MLS# 1930030 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mio Bar and Restaurant

    This is a bar and restaurant located in Mio, MI, situated approximately one hundred yards from the AuSable River. The property, suitable for restaurant or food service, and bar use, offers a pleasant atmosphere and is known for its food. The building has a size of 2102 square feet and is positioned on a 0.75-acre lot. The zoning is classified as Commercial and Restaurant/Food.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scenic Riverwood Bar Bar

    Suggested Use

    Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Mio
    County
    Oscoda
    State
    Michigan
    Longitude
    -83.93971
    Latitude
    44.646799

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    FAQs

    What type of property is this?
    Bar - Quaint bar and restaurant near the AuSable River.
    Where is this bar located?
    The property is located at 4700 Mckinley Rd Mio, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Bar/Restaurant Business Opportunity; - Close Proximity to AuSable River; - Established Business with Good Food
    (989) 366-5522
    Request Owner's contact information
    4700 Mckinley Rd Mio, MI 48647
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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
    4700 Mckinley Rd Mio, MI 48647
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