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Turnkey Restaurant with Bar
For Sale
$550,000

207 E Hughitt Street, Iron Mountain, MI 49801

COM/IND/BUS OPP, Iron Mountain, MI

Property Size4,680 SF
Lot Size0.13 Acres
Price / SF$117.52
Days on Market202

Property Features for 207 E Hughitt Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Subdivision Iron Mountain (22007)
Standard status Active
Size 4,680 SF
Lot size 0.13 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1953
Roof type Flat
Listing Agency: STEPHENS REAL ESTATE
Listed By: RYAN GORDON · License #6502420131
Added: Mar 2 Changed: Sep 17 Last Checked: Sep 20 at 5:06AM
MLS# 50200466

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 established restaurant and bar occupies 4,680 square feet at 207 E Hughitt Street in Iron Mountain, Michigan. The sale includes the kitchen and bar equipment, supporting continued restaurant and beverage-service use. The building has a flat roof, central air, forced-air heating, and public water service.

Constructed in 1953, the property sits on a 0.13-acre lot in the Commercial zoning district. Parking is identified as available, and the building is positioned in the downtown area of Iron Mountain. The existing restaurant configuration and included equipment provide a functioning base for an operator seeking an established food-and-beverage property.

Key Highlights

  • 4,680‑square‑foot restaurant and bar building
  • Kitchen and bar equipment included in the sale
  • Commercial zoning in Iron Mountain

Property Analytics

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Current Use

Blackstone Pizza Co Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Storage Facility Daycare Center (Bike/Boat/Book/etc) Store

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby
29k
Monthly Visits Nearby
Under-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
View Realmo Analytics

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant and bar with included kitchen and beverage-service equipment, central air, and forced-air heating.
Where is this conventional restaurant located?
The property is located at 207 E Hughitt Street Iron Mountain, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,680‑square‑foot restaurant and bar building; Kitchen and bar equipment included in the sale; Commercial zoning in Iron Mountain
More about this property
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