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Downtown Bar and Restaurant Property
For Sale
$395,000

2886/2900 Kneeland Street, Lewiston, MI 49756

Two connected commercial buildings include a liquor license and equipment, with indoor bar space plus an outdoor entertaining area.

Property Size17,095 SF
Days on Market46

Property Features for 2886/2900 Kneeland Street

General Information

Standard status Active
Size 17,095 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Liquor License Yes
Multifamily Units 1

Building Details

Building Size 17,095 SF
Year Built 1900
Listing Agency: Premier Waterfront Realty
Listed By: Charlene G Scheer
Source: Homesforsaleinmich
Added: Jul 10 Changed: Aug 24 Last Checked: Aug 23 at 8:02AM

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 Premier Waterfront Realty

Investment Insights

Based on property information with market context.

This offering features two commercial buildings that have been opened into one combined structure in the heart of downtown Lewiston. The property is currently operated as a bar downstairs with an arcade/game room, pool tables, a stage for bands, and open space for dancing. Upstairs includes a large tiki bar with two bathrooms and an open view of downtown. The buildings also include a newly constructed two-bedroom apartment upstairs.

In addition to the bar operations, the premises have been used to support multiple concepts, including a coffee/bakery/ice cream shop, floor covering sales, and a pizza/subs store with a pizza buffet. Outdoor entertaining area includes picnic tables and an outdoor grill. Equipment will stay with the sale, while the business is not included. A liquor license, equipment, and inventory are included.

The property has one electric meter, four furnaces, two on-demand hot water heaters, and four central air conditioning units.

Key Highlights

  • Two commercial buildings in downtown Lewiston, opened into one connected building.
  • Liquor license included; equipment and inventory included with the sale (business not included).
  • Downstairs bar setup with arcade/game room, pool tables, stage for bands, and open area for dancing.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Dental Office Storage Facility Carpet & Flooring Store HVAC Service (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

1
Residential units
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Home Improvements & Furnishings 33%
Dollar Tree Shops & Services
3,289 visits/mo 0.5 miles
GILL-ROY'S HARDWARE Home Improvements & Furnishings
1,617 visits/mo 0.1 miles

Demographics for 49756, MI

3,822
Population
4,531
Households
0.8
Avg Household Size
58
Median Age
17%
College-Educated
88%
High-School Grad
190.4 sq mi
ZIP Area
20
Density / Sq Mi
$45,091
Median Household Income
$26,921
Median Earnings
$889
Median Rent
$154,000
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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Similar Off Market Nearby

  • Lewiston Hotel Bar and Grill 2932 Olsen St, Lewiston, MI 49756
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  • East Twin Public Beach 4391 Grant Dr, Lewiston, MI 49756

Frequently Asked Questions

What type of property is this?
Bar & Pub - Two connected commercial buildings include a liquor license and equipment, with indoor bar space plus an outdoor entertaining area.
Where is this bar & pub located?
The property is located at 2886/2900 Kneeland Street Lewiston, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two commercial buildings in downtown Lewiston, opened into one connected building.; Liquor license included; equipment and inventory included with the sale (business not included).; Downstairs bar setup with arcade/game room, pool tables, stage for bands, and open area for dancing.
More about this property
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