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    810 S Huron Avenue Mackinaw City, MI 49701

    View on Map
    For Sale
    $3,890,000

    COMMERCIAL - Other - Mackinaw City, MI

    Property size:
    8,000 SF
    Lot size:
    1.46 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    210
    Last Refresh:
    Apr 6 at 4:06 pm

    Property Features for 810 S Huron Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    11
    Rooms
    Bathroom 11, Bathroom 8, Bathroom 10, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 5, Bathroom 4, Bathroom 6, Bathroom 9, Bathroom 2
    Parking
    40
    Parking features
    Driveway, Off Street
    Exterior features
    Barbecue, Lighting, Private Entrance, Rain Gutters
    Basement
    Partial
    Appliances
    Wine Cooler, Vented Exhaust Fan, Refrigerator, Down Draft, Disposal, Cooktop, Indoor Grill, Gas Cooktop, Free-Standing Freezer, Built-In Refrigerator, Freezer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Bar Fridge, Built-In Freezer, Built-In Gas Oven, Built-In Range
    Standard status
    Active
    APN
    16-012-018-300-008-00
    Size
    8,000 SF
    Lot size
    1.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    COM AT W1/4 COR SEC 18, T39N,R3W; TH S 87D 50M 30S E ALG E-W 1/4 LI OF SD SEC 504.22FT TO ELY R/W LI OF MCRR; TH S 21D 51M 40S E ALG SD R/W LI 766.36FT; TH S 87D 50M 30S E 308.25FT TO POB; TH CONT S 87D 50M 30S E 138.46FT TO WLY R/W LI OF HWY US-23&27; TH SWLY ALG ARC OF CURVED R/W LI WITH CHRD BEARING S 20D 46M 50S W 254.45FT TO NLY R/W LI OF E RAMP I-75; TH N 85D 25M 30S W ALG SD R/W LI 62.60FT; TH N 03D 26M 30S E 238.55FT TO POB, PT OF GOVT LOT 3. *EXC: N 28FT. **AND** COM AT W1/4 COR SEC 18,
    Tax Annual Amount
    21002

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Private

    Building Details

    Year built
    2018
    Floors in Building
    2
    Flooring type
    Combination
    Building materials
    Aluminum Siding, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Kenneth Burton
    Kenneth Burton

    Listing agent Kenneth Burton License #6501414220

    Listing office Keller Williams Realty Lansing 3490 Belle Chase Way, Lansing, MI

    Listing date Sep 9, 2025

    MLS# 291095

    Copyright © 2026 Greater Lansing 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

    Established Brewery and Restaurant Opportunity

    The Rusted Spoke Brewing Co., a well-established brewery and restaurant, presents a rare acquisition opportunity in Mackinaw City, Michigan, the gateway to Mackinac Island. Benefiting from its location minutes from the ferries to Mackinac Island, the business experiences high-volume seasonal traffic and has a reputation for quality craft beer, food, and a welcoming atmosphere. The property includes a taproom, a full-service kitchen, and both indoor and outdoor dining areas. The sale encompasses valuable liquor licenses, including Retail - Off Premises (Specialty Designated Merchant), Retail - On Premises (Brew Pub), and Retail - On Premises Class C (Resort). The property also features 8 hotel rooms, presenting the potential for development or revitalization to create an additional income stream. The business is positioned to capture customers seeking Northern Michigan hospitality before or after visiting Mackinac Island. The property size is 8,000 square feet on a 1.46-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rusted Spoke Brewing ... Bar & Pub

    Suggested Use

    Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Restaurant Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mackinaw City
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.727311
    Latitude
    45.772306

    FAQs

    What type of property is this?
    Brewery - Thriving brewery and restaurant near Mackinac Island ferries.
    Where is this brewery located?
    The property is located at 810 S Huron Avenue Mackinaw City, MI.
    What is the asking price?
    The asking price for this property is $3,890,000.
    What are key features of this property?
    This property features: Prime location in Mackinaw City, the gateway to Mackinac Island, benefiting from high‑volume seasonal tourist traffic.; Established brewery and restaurant with a strong brand identity, proven reputation for quality craft beer and food.; Valuable liquor licenses included: Retail - Off Premises (Specialty Designated Merchant), Retail - On Premises (Brew Pub), Retail - On Premises Class C (Resort).
    (517) 242-2000
    We can help!
    Listing Contact
    Kenneth Burton
    Kenneth Burton
    Real Estate License ID: 6501414220
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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