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Restaurant Building with Bay Frontage
For Sale
$1,500,000

450 1st St, Menominee, MI 49858

Full-service restaurant with bar and fully equipped kitchen plus an owner’s residence above, on bay-front property.

Property Size10,817 SF
Price / SF$138.67
Days on Market549

Property Features for 450 1st St

General Information

Standard status Active
Size 10,817 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $21,023
Listing Agency: JD 1st Real Estate, Inc.
Listed By: Julie Derusha · License #65022408300WI47754-90
Source: Exprealty
Added: Mar 6, 2025 Changed: Sep 5 Last Checked: Sep 5 at 11:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JD 1st Real Estate, Inc.

Investment Insights

Based on property information with market context.

This multi-level restaurant building includes a first-floor dining and bar operation with an efficient, fully equipped kitchen featuring a wet system. The main dining area measures 35' x 36', with a private dining room (24' x 34') and a bar area (21' x 34'), plus an entry/hostess station (20' x 13'). The building also features a rubber roof, and heating and cooling is supported by six furnace/AC units reported as approximately 7 years old.

The second floor is an owner’s private residence with three bedrooms and two baths, along with a roof patio and a craftsman-style mechanical/workshop. A lower level provides storage and two additional restrooms. The property is offered with business, equipment, and liquor license, and includes 256+ feet of Gr Bay frontage, a large parking area, and landscaped gardens and perennials. The listing is located at 450 1st St, Menominee, MI.

Key Highlights

  • 1st‑floor restaurant with 5,625 SF; main dining room 35' x 36' plus private front dining room 24' x 34' and bar area 21' x 34'
  • Fully equipped kitchen with wet system and 20' x 13' entry/hostess station
  • Rubber roof and 6 furnace/AC units (7 years old)

Property Analytics

Current Use

Bergs Landing Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop Parking Lot & Garage Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49858, MI

11,939
Population
6,486
Households
1.8
Avg Household Size
49
Median Age
19%
College-Educated
93%
High-School Grad
86.8 sq mi
ZIP Area
138
Density / Sq Mi
$52,813
Median Household Income
$39,492
Median Earnings
$691
Median Rent
$127,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service restaurant with bar and fully equipped kitchen plus an owner’s residence above, on bay-front property.
Where is this conventional restaurant located?
The property is located at 450 1st St Menominee, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1st‑floor restaurant with 5,625 SF; main dining room 35' x 36' plus private front dining room 24' x 34' and bar area 21' x 34'; Fully equipped kitchen with wet system and 20' x 13' entry/hostess station; Rubber roof and 6 furnace/AC units (7 years old)
More about this property
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