Historic Restaurant with Outdoor
For Sale
Under Contract
$415,000
1263 M149 Highway, Manistique, MI 49854
COM/IND/BUS OPP, Manistique, MI
Property Size4,000 SF
Lot Size21.82 Acres
Price / SF$103.75
Days on Market513
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 access
living quarters
Building Details
Year built
1940
Roof type
Asphalt
Listing Agency:
GROVER REAL ESTATE
(906) 341-2131
Listed By:
DAVID MUXLOW · License #6502125193
(906) 450-0184
Added: May 12, 2025
Changed: Sep 4
Last Checked: Oct 6 at 9:06AM
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.
This restaurant property includes approximately 4,000 square feet of building area on 21.82 acres. Built in 1940, the facility offers outdoor dining, a parking lot, forced-air heating, an asphalt roof, and a private well. The property also includes additional living quarters described as having renovation potential, along with gas pumps and up to 26 beers on tap.
Located at 1263 M149 Highway in Manistique, the property provides direct access to Trail 7 and sits minutes from Kitch-iti-kipi in Palms Book State Park. The site is positioned to serve restaurant patrons as well as ORV, snowmobile, and other outdoor users. Zoning is identified as Mixed Use, Other.
Located at 1263 M149 Highway in Manistique, the property provides direct access to Trail 7 and sits minutes from Kitch-iti-kipi in Palms Book State Park. The site is positioned to serve restaurant patrons as well as ORV, snowmobile, and other outdoor users. Zoning is identified as Mixed Use, Other.
Key Highlights
- 4,000‑square‑foot restaurant property on 21.82 acres
- Built in 1940 with outdoor dining and patio areas
- Transferable Michigan Original 550 Resort Liquor License
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established food-and-beverage property with patio space, parking, and a transferable Michigan Original 550 Resort Liquor License.
Where is this conventional restaurant 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: 4,000‑square‑foot restaurant property on 21.82 acres; Built in 1940 with outdoor dining and patio areas; Transferable Michigan Original 550 Resort Liquor License
