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Pool Hall with Event Areas
For Sale
$480,000

224 Stephenson, Escanaba, MI 49829

A remodeled hospitality venue includes bar equipment, a heated garage, and dedicated space for gatherings.

Property SizeContact for details
Days on Market237

Property Features for 224 Stephenson

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Restaurant

Seating Capacity 324
Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Amenities

attached heated garage
gated and fenced parking
two elevated areas
full-size office
basement storage
outdoor service area
Deck/Patio
Fenced Yard
Wheelchair Access

Building Details

Year Built 1900
Year Renovated 2014
Buildings 1
Listed By: J.A. BACHLER
Source: Jabachler
Added: Mar 5 Changed: Oct 27 Last Checked: Oct 27 at 3:39AM

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 J.A. BACHLER

Rey
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Investment Insights

Based on property information with market context.

This commercial entertainment property in Escanaba was remodeled in 2014 and has more than 4,600 square feet on the main floor, plus an attached heated garage. The venue is arranged for hospitality use, with capacity for 324 guests, 10 Valley coin-operated pool tables, two raised gathering areas, and a full-size office or flex room. Bar equipment includes three coolers, a freezer, and a refrigerator. A basement of approximately 1,500 square feet adds storage and a walk-in cooler.

A gated, fenced parking area sits behind the building. The Class C liquor license permits on-site service and off-premises retail sales, Sunday sales during morning and evening hours, dancing and entertainment, and outdoor service. The property also has established pool and dart leagues, tournament play, bean bags, and FlyBean games.

Key Highlights

  • More than 4,600 square feet of main‑floor space, plus an attached heated garage
  • Capacity for 324 guests and 10 Valley coin‑operated pool tables
  • Approximately 1,500‑square‑foot basement with walk‑in cooler

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wise Amusements (Bike/Boat/Book/etc) Store Crazy Joes Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Grocery & Convenience Store Barber Shop Locksmith Catering 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.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
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

Similar Off Market Nearby

  • Historic Delft Theater — 907 Ludington St, Escanaba, MI 49829
  • Old Michigan — 811 Ludington St, Escanaba, MI 49829
  • Walmart Supercenter — 601 N Lincoln Rd, Escanaba, MI 49829, United States

Frequently Asked Questions

What type of property is this?
Sports & entertainment property - A remodeled hospitality venue includes bar equipment, a heated garage, and dedicated space for gatherings.
Where is this sports & entertainment property located?
The property is located at 224 Stephenson Escanaba, MI.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: More than 4,600 square feet of main‑floor space, plus an attached heated garage; Capacity for 324 guests and 10 Valley coin‑operated pool tables; Approximately 1,500‑square‑foot basement with walk‑in cooler
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