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Restaurant and Bar with Bowling Lanes
For Sale
$350,000

616 Main Street, Norway, MI 49870

COM/IND/BUS OPP, Norway, MI

Property Size9,132 SF
Lot Size0.24 Acres
Price / SF$38.33
Days on Market169

Property Features for 616 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Parking features Off Street, Parking Lot
Security features Security Lighting
Exterior features Security Lighting
Lot features Main Street
Subdivision Norway (22011)
Standard status Active
Size 9,132 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6306

Utilities

Heating system Oil
Cooling system Central Air, Exhaust Fan (Cooling)
Water source Public

Building Details

Year built 1947
Roof type Rubber
Listing Agency: COLDWELL BANKER REAL ESTATE GROUP
Listed By: CARRIE TORETTA-PARTELLO · License #6501298751
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 10 at 3:06PM
MLS# 50202691

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 9,132-square-foot commercial property combines a restaurant, full bar, and retained bowling lanes within a building originally constructed in 1947. The existing layout includes dining space and additional area that can support expanded seating, entertainment, recreation, or private events. The venue can accommodate gatherings of up to 100 guests, with potential use for meetings, clubs, and community functions.

Located at 616 Main Street in Norway, Michigan, the property occupies 0.24 acres in a small-town setting. Commercial zoning, a parking lot, off-street parking, public water, central air, exhaust-fan cooling, oil heat, security lighting, and a rubber roof are included. The bowling infrastructure remains in place, providing a defined feature for continued recreation use or a future layout revision.

Key Highlights

  • 9,132 square feet on 0.24 acres
  • Restaurant with full bar and bowling lanes still installed
  • Private‑event capacity of up to 100 guests

Property Analytics

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Current Use

Mike's On Main Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Plumbing Service Nail Salon (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49870, MI

3,343
Population
1,649
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
94%
High-School Grad
57.8 sq mi
ZIP Area
58
Density / Sq Mi
$55,795
Median Household Income
$40,478
Median Earnings
$789
Median Rent
$100,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and bar property with installed bowling lanes, event capacity, and room for additional dining or recreation uses.
Where is this conventional restaurant located?
The property is located at 616 Main Street Norway, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 9,132 square feet on 0.24 acres; Restaurant with full bar and bowling lanes still installed; Private‑event capacity of up to 100 guests
More about this property
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