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Alice’s Supper Club Restaurant
For Sale
Contact for pricing
Pending

402 W Adams Street, Iron River, MI 49935

Italian dining operation with seating for more than 100 guests, plus equipment and recipes included.

Property SizeContact for details
Days on Market144

Property Features for 402 W Adams Street

General Information

Standard status Pending
Property subtype Special Purpose, Retail

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: CENTURY 21 Burkett & Associates
Listed By: Gerald Burkett · License #WI
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 6:23AM

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 CENTURY 21 Burkett & Associates

Investment Insights

Based on property information with market context.

Alice’s Supper Club is an Italian restaurant and bar with seating for over 100 people. The offering includes the restaurant equipment and recipes, providing a defined operating concept for the next owner.

Located at 402 W. Adams Street in Iron River, Michigan, the property combines a dining venue with an established supper-club identity. The included furnishings and culinary materials support continuity of the existing restaurant format.

Key Highlights

  • Seating for over 100 people
  • Restaurant equipment included
  • Recipes included

Property Analytics

Current Use

Alice's Supper Club Restaurant

Suggested Use

Top Pick Parking Lot & Garage Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

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

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
28k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Apparel 14% Hotels & Casinos 8%
Holiday Station Store Shops & Services
12,410 visits/mo 0.3 miles
Dollar General Shops & Services
4,686 visits/mo 0.3 miles
Windsor Apparel
3,888 visits/mo 0.1 miles
Family Dollar Shops & Services
3,774 visits/mo 0.2 miles
AmericInn of Iron River MI Hotels & Casinos
2,087 visits/mo 0.3 miles

Demographics for 49935, MI

5,952
Population
4,610
Households
1.3
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
457.0 sq mi
ZIP Area
13
Density / Sq Mi
$52,254
Median Household Income
$38,052
Median Earnings
$445
Median Rent
$103,800
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 - Italian dining operation with seating for more than 100 guests, plus equipment and recipes included.
Where is this conventional restaurant located?
The property is located at 402 W Adams Street Iron River, MI.
What are key features of this property?
This property features: Seating for over 100 people; Restaurant equipment included; Recipes included
More about this property
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