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Remodeled Tavern with Apartment Potential
For Sale
$450,000

217 S Lafayette St, Greenville, MI 48838

Remodeled tavern with full kitchen and potential for two apartments.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market342

Property Features for 217 S Lafayette St

General Information

Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Annual Taxes $3,900
Listing Agency: Realty Michigan LLC
Listed By: Drew Wodarski · License #6502393815
Source: Exprealty
Added: Sep 14, 2025 Changed: Aug 20 Last Checked: Aug 20 at 10:38AM

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 Realty Michigan LLC

Investment Insights

Based on property information with market context.

This property features a tavern that was newly remodeled in 2021. It includes a full-service kitchen equipped with new coolers and equipment. The beer tap systems utilize a centralized CO2 system. The property also offers the potential for two apartments located upstairs, situated within the historical zone. These apartments may qualify for rehabilitation funding; interested buyers should consult the chamber for information on availability. The property presents various opportunities to generate additional income.

Key Highlights

  • Newly remodeled in 2021, offering a modern and updated space.
  • Full‑service kitchen with new coolers and equipment throughout.
  • Potential for two apartments upstairs, creating additional income opportunities.

Property Analytics

Current Use

True North Tavern Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Restaurant Electrical Service

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

458
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48838, MI

18,801
Population
7,461
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
90%
High-School Grad
93.1 sq mi
ZIP Area
202
Density / Sq Mi
$66,126
Median Household Income
$36,802
Median Earnings
$910
Median Rent
$190,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Reno Bar 201 S Lafayette St, Greenville, MI 48838
  • Handy Market 813 S Lafayette St, Greenville, MI 48838
  • True North Tavern 217 S Lafayette St, Greenville, MI 48838
  • Coors Light S Lafayette St, Greenville, MI 48838

Frequently Asked Questions

What type of property is this?
Bar & Pub - Remodeled tavern with full kitchen and potential for two apartments.
Where is this bar & pub located?
The property is located at 217 S Lafayette St Greenville, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Newly remodeled in 2021, offering a modern and updated space.; Full‑service kitchen with new coolers and equipment throughout.; Potential for two apartments upstairs, creating additional income opportunities.
More about this property
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