Established Restaurant on Main
321 W Genesee Street, Iron River, MI 49935
COMMERCIAL - Iron River, MI
Property size:
2,300 SFLot size:
0.08 AcresPrice / SF:
$128/SF- Added:
- Jul 24, 2023
- Days on Market:
- 1033
- Last Refresh:
- May 21 at 4:06 pm
Property Features for 321 W Genesee Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Patio and Porch features
- Patio
- Exterior features
- Deck/Patio, Outdoor Kitchen
- Standard status
- Active Under Contract
- Size
- 2,300 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 3495
Utilities
- Heating system
- Forced Air
- Cooling system
- Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Roof type
- Metal
- Additional Structures
- Outdoor Kitchen
Listing agent NICOLE HEBERT License #UPAR (906) 284-0216
Listing office KELLER WILLIAMS CLASSIC REALTY NW 107 N Fourth Avenue, Iron River, MI (763) 463-7500
Listing date Jul 24, 2023
MLS# 50116379
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.
HighLights
- High visibility location on Main Street with significant foot traffic.
- Established restaurant with a loyal customer base.
- Fully equipped kitchen for easy transition.
- Seating capacity for approximately 90 people.
- Outdoor dining/enclosed kitchen area for events and additional revenue streams.
- Priced below industry standards.
Overview
This restaurant, located on Main Street, benefits from significant visibility and pedestrian traffic, attracting both local residents and tourists. The property has an established reputation and a loyal customer base. There is potential for expansion of the restaurant's offerings, catering services, or event hosting. The fully equipped kitchen facilitates a smooth transition for new ownership. The restaurant has a seating capacity estimated at approximately 90 people. It also features an outdoor dining area and enclosed kitchen space, which the current owner uses for events. The property is situated within a community that supports local businesses. The building size is approximately 2300 square feet on a lot of approximately 0.08 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Main Street Cafe
Restaurant
Location Insight
- Map
- Local Demand
- City
- Iron River
- County
- Iron
- State
- Michigan
- Longitude
- -88.642159
- Latitude
- 46.091232
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - High-visibility restaurant with loyal customer base and expansion potential.
Where is this conventional restaurant located?
The property is located at 321 W Genesee Street Iron River, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: High visibility location on Main Street with significant foot traffic.; Established restaurant with a loyal customer base.; Fully equipped kitchen for easy transition.
