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Remodeled Conventional Restaurant with Bar
For Sale
$149,900

329 Superior Avenue, Crystal Falls, MI 49920

COM/IND/BUS OPP, Crystal Falls, MI

Property Size2,000 SF
Lot Size0.09 Acres
Price / SF$74.95
Days on Market144

Property Features for 329 Superior Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Crystal Falls (36006)
Standard status Active
Size 2,000 SF
Lot size 0.09 Acres

Utilities

Water source Public

Building Details

Year built 1950
Listing Agency: CONNORS REALTY GROUP
Listed By: PEGGY CONNORS
Added: Apr 23 Changed: Sep 7 Last Checked: Sep 13 at 6:06PM
MLS# 50205201

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.

Investment Insights

Based on property information with market context.

This 2,000-square-foot restaurant property occupies a 1950 building at 329 Superior Avenue in Crystal Falls. The first floor includes a bar and restaurant operation with a remodeled kitchen and bar area, two updated bathrooms, newer HVAC and water-heating equipment, PEX plumbing, refreshed flooring and lighting, replacement doors, and front siding. Kitchen equipment includes a griddle, fryer, deep freezer, and exhaust system.

The second floor provides additional space that can support office use, owner occupancy, or another use permitted by applicable requirements. The sale includes furniture, fixtures, and equipment, along with a Class C liquor license. The property uses public water and is located in downtown Crystal Falls, within Iron County.

Key Highlights

  • 2,000‑square‑foot restaurant property at 329 Superior Avenue, Crystal Falls, MI 49920
  • 1950 building with remodeled bar and kitchen areas
  • Class C liquor license included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Law Firm Furniture & Home Goods (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

Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49920, MI

4,046
Population
3,236
Households
1.3
Avg Household Size
55
Median Age
22%
College-Educated
94%
High-School Grad
401.8 sq mi
ZIP Area
10
Density / Sq Mi
$61,028
Median Household Income
$36,355
Median Earnings
$916
Median Rent
$119,800
Median Home Value
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a Class C liquor license, commercial kitchen equipment, and flexible second-floor space.
Where is this conventional restaurant located?
The property is located at 329 Superior Avenue Crystal Falls, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2,000‑square‑foot restaurant property at 329 Superior Avenue, Crystal Falls, MI 49920; 1950 building with remodeled bar and kitchen areas; Class C liquor license included
More about this property
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