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305 Iron St Negaunee, MI 49866

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For Sale
$750,000

Established restaurant and bar with five rental units in Negaunee.

Property size:
5,356 SF

Property Features for 305 Iron St

General Information

Size
5,356 SF
Source: Remaxcommercial

Listing Agent: Bradley Argall

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Restaurant & Rental Income

Located in downtown Negaunee, this property features Jackson’s Pit, a fully operational restaurant and bar. The business includes a Class C liquor license, Sunday Sales, and an additional bar license suitable for outdoor events. The property is situated in the City of Negaunee’s Social District, benefiting from increased visibility and foot traffic. The second floor contains five residential rental units, providing passive income. The property is a mixed-use building with both commercial and residential components. The building size is 5356 square feet. The property is suitable for entrepreneurs looking to own a restaurant or investors seeking a mixed-use property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jackson's Pit Gourmet ... Bar & Grill

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Similar Places Nearby

Tino's Bar and Pizza, Smarty's Saloon, Barr's Bar, Jackson's Pit Gourmet Grill & Bar, Upper Peninsula Brewing Company

Location Insight

  • Map
  • Local Demand
City
Negaunee
County
Marquette
State
Michigan
Longitude
-87.610858
Latitude
46.498867

FAQs

What type of property is this?
Bar - Established restaurant and bar with five rental units in Negaunee.
Where is this bar located?
The property is located at 305 Iron St Negaunee, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: - Turnkey restaurant and bar (Jackson’s Pit) with established business and loyal customer base.; - Includes valuable Class C liquor license, Sunday Sales permit, and additional bar license for outdoor events.; - Located in Negaunee's revitalized downtown Social District, benefiting from high visibility and foot traffic.
More about this property
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