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Bar and Restaurant with Gas Pumps
For Sale
Under Contract
$415,000

1263 M149 Highway, Manistique, MI 49854

COMMERCIAL - Manistique, MI

Property Size4,000 SF
Lot Size21.82 Acres
Price / SF$103.75
Days on Market467

Property Features for 1263 M149 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed Use,Other
Zoning description Mixed Use
Parking features Parking Lot
Patio and Porch features Patio
Exterior features Deck/Patio
Lot features Rural
Subdivision Thompson Twp (77013)
Standard status Active Under Contract
Size 4,000 SF
Lot size 21.82 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3203

Utilities

Heating system Forced Air
Water source Well

Amenities

gas pumps
Trail 7 access
living quarters

Building Details

Year built 1940
Roof type Asphalt
Listing Agency: GROVER REAL ESTATE
Listed By: DAVID MUXLOW · License #6502125193
Added: May 12, 2025 Changed: Aug 4 Last Checked: Aug 21 at 1:06AM
MLS# 50174572

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.

The Big Spring Tavern, formerly known as the Big Spring Inn, is a historic bar and restaurant property in Manistique that dates back to the 1940s. The business offers up to 26 beers on tap and features outdoor dining. The property also includes gas pumps and direct access to Trail 7 for ORV and snowmobile use.

The sale includes a Michigan Original 550 Resort Liquor License, transferable statewide, with no restriction from local population quotas. The property is located at 1263 M-149 Highway in Schoolcraft County and is zoned Mixed Use, Other.

In addition to the hospitality space (reported at 4,000 square feet), the site includes on-site living quarters described as having renovation potential. The overall lot size is reported at 21.82 acres.

Key Highlights

  • Rare and transferable Michigan Original 550 Resort Liquor License (statewide, unrestricted by population).
  • Prime location near Kitch‑iti‑kipi (Palms Book State Park) with over 200,000 annual visitors.
  • Direct access to Trail 7, appealing to ORV, snowmobile, and outdoor enthusiasts.

Property Analytics

Current Use

Bars & Pubs

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49854, MI

6,211
Population
4,307
Households
1.4
Avg Household Size
52
Median Age
21%
College-Educated
89%
High-School Grad
473.9 sq mi
ZIP Area
13
Density / Sq Mi
$57,212
Median Household Income
$33,705
Median Earnings
$653
Median Rent
$117,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Big Spring Tavern 1263N M-149, Manistique, MI 49854

Frequently Asked Questions

What type of property is this?
Bar & Pub - Restaurant and tavern with outdoor dining and direct access to Trail 7 in Manistique, Michigan.
Where is this bar & pub located?
The property is located at 1263 M149 Highway Manistique, MI.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Rare and transferable Michigan Original 550 Resort Liquor License (statewide, unrestricted by population).; Prime location near Kitch‑iti‑kipi (Palms Book State Park) with over 200,000 annual visitors.; Direct access to Trail 7, appealing to ORV, snowmobile, and outdoor enthusiasts.
More about this property
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