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For Sale
$550,000

207 E Hughitt St, Iron Mountain, MI 49801

Turnkey bar and restaurant in Iron Mountain's historic district.

Property Size4,680 SF
Lot Size0.13 Acres
Price / SF$117.52
Days on Market93

Property Features for 207 E Hughitt St

General Information

Standard status Active
Property type Bars & Pubs, Restaurants
Size 4,680 SF
Lot size 0.13 Acres
Occupancy 100%
Investment Type Owner User

Building Details

Year Built 1953
Year Renovated 2007
Buildings 1
Stories 1
Units 1
Listed By: Ryan Gordon
Added: Jun 10

Property Analytics

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Current Use

Blackstone Pizza Co Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Big Box & Wholesale Store Department Store Car Rental Facility

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

759
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 82% Shops & Services 7% Hotels & Casinos 6% Home Improvements & Furnishings 4%
Wendy's Dining
12,898 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,147 visits/mo 0.4 miles
Thai Bistro Dining
2,260 visits/mo 0.1 miles
TownePlace Suites by Marriott Hotels & Casinos
1,653 visits/mo 0.1 miles
Pat's Campioni's TrueValue Home Improvements & Furnishings
1,176 visits/mo 0.3 miles

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

  • Solbergs Greenleaf Sports Bar & Grill 1340 Carpenter Ave, Iron Mountain, MI 49801
  • Wild Horse Saloon 714 River Ave, Iron Mountain, MI 49801
  • Polly's Underground Pub 102 E B St, Iron Mountain, MI 49801
  • Round 2 Bar & Grill 407 S Stephenson Ave, Iron Mountain, MI 49801
  • Sol Blu Lounge & TapRoom 212 E Ludington St, Iron Mountain, MI 49801

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar and restaurant in Iron Mountain's historic district.
Where is this bar & pub located?
The property is located at 207 E Hughitt St Iron Mountain, MI.
What is the asking price?
The asking price for this property is $550,000.
More about this property
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