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    1500 Woodside Ave Essexville, MI 48732

    Sponsored
    For Sale
    $389,900

    Established Turnkey Business, Historic Location

    Property size:
    2,580 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional opportunity presents a well-established restaurant and bar situated in the thriving business district of Essexville, Michigan. Operating since the 1870s, this iconic establishment boasts a rich history and loyal clientele. The 2,580 square foot building sits on a 0.14-acre lot and offers ample seating for up to 96 guests. Recent upgrades include a new roof (May 2024) and newer windows, reflecting a commitment to ongoing maintenance. The spacious layout includes a fully equipped kitchen featuring a generous prep area, deep fryer, flat cooktop grill, and gas multi-burner grill. Four large coolers and four freezers provide ample cold storage, complemented by a walk-in cooler with convenient rear access for kegs and supplies. The bar area is equipped with an 8-tap beer system, point-of-sale system, four large under-bar coolers, and a lighted liquor display. A dedicated back office provides space for inventory management and security monitoring via a wired security system. A full Michigan-style basement offers extensive storage. The property includes parking for up to 12 vehicles, with additional street parking available. This turnkey operation presents a rare chance to acquire a piece of Bay County history and a thriving, established business. The asking price is $389,900.

    Property Features for 1500 Woodside Ave

    General Information

    Property type
    Investment properties
    Square Feet
    2,580 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1870
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Essexville
    County
    Bay
    State
    Michigan
    Longitude
    -83.84035
    Latitude
    43.61535

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    FAQs

    What type of property is this?
    Investment property - Established Turnkey Business, Historic Location
    Where is this investment property located?
    The property is located at 1500 Woodside Ave Essexville, MI.
    What is the asking price?
    The asking price for this property is $389,900.
    (989) 892-8888
    Request Owner's contact information
    1500 Woodside Ave Essexville, MI 48732
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    Essexville, MI 48732
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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
    1500 Woodside Ave Essexville, MI 48732
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