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Restaurant and Bar with Banquet Space
New
For Sale
$399,900

233 W Monroe St, Bangor, MI 49013

Food-and-beverage facility with a commercial kitchen, Class C liquor license, pool hall, and flexible gathering areas.

Property SizeContact for details
Days on Market3

Property Features for 233 W Monroe St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes
Liquor License Yes

Taxes and HOA fees

Annual Taxes $2,573

Building Details

Year Built 1940
Units 3
Listing Agency: Jaqua Realtors, Inc.
Listed By: Amy O'Sullivan · License #6506040161
Source: Elliman
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 10 at 2:31AM

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 Jaqua Realtors, Inc.

Investment Insights

Based on property information with market context.

Built in 1940, this restaurant property includes a dining room, bar, full commercial kitchen, banquet and meeting areas, and a pool hall. Seating accommodates more than 160 guests, supporting both regular service and larger gatherings. A Class C liquor license is included, and the partial basement provides additional storage space.

The property is located at 233 W Monroe St in Bangor, along the M-43 corridor. Its configuration combines food-and-beverage service areas with event, recreation, and storage components in one commercial facility.

Key Highlights

  • Seating for more than 160 guests across the dining room and bar
  • Full commercial kitchen for continued food‑and‑beverage operations
  • Class C liquor license included

Property Analytics

Current Use

Bangor Tavern Bar ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage HVAC Service Auto Parts 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

Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
McDonald's Dining
13,440 visits/mo 0.5 miles
Speedway Shops & Services
7,265 visits/mo 0.4 miles

Demographics for 49013, MI

5,175
Population
2,045
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
57.0 sq mi
ZIP Area
91
Density / Sq Mi
$58,264
Median Household Income
$33,589
Median Earnings
$757
Median Rent
$140,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-and-beverage facility with a commercial kitchen, Class C liquor license, pool hall, and flexible gathering areas.
Where is this conventional restaurant located?
The property is located at 233 W Monroe St Bangor, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Seating for more than 160 guests across the dining room and bar; Full commercial kitchen for continued food‑and‑beverage operations; Class C liquor license included
More about this property
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