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Bar & Grill with Apartments
For Sale
Contact for pricing
Pending

5 E Stephenson, Gwinn, MI 49841

Established bar and restaurant with a commercial kitchen, entertainment features, and upstairs residential space.

Property SizeContact for details
Days on Market143

Property Features for 5 E Stephenson

General Information

Standard status Pending
Property subtype Special Purpose, Land

Restaurant

Commercial Hood Yes
Patio Yes

Additional Details

Business Included Yes
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Marquette
Listed By: Craig Heinonen · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:32AM

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 Coldwell Banker Commercial Schmidt, Realtors Marquette

Investment Insights

Based on property information with market context.

This Gwinn bar and restaurant includes a spacious service area, seating for more than 30 patrons, and a fully equipped commercial kitchen. Kitchen improvements include a gas range, vented hood, deep fryer, stainless appliances, ice maker, multiple freezers, and a walk-in cooler. Basement space provides additional dry storage, while a rear deck adds seasonal seating. Entertainment features include a pool table, karaoke setup, stereo equipment, and HD TVs.

The property also contains two upstairs apartments, offering residential accommodations within the building. Recent property updates include a roof, parking lot, furnace, water heater, flooring, and a 50,000 BTU split heat pump/AC system. Located at 5 E Stephenson in Gwinn, Michigan, the establishment combines bar, dining, kitchen, storage, and residential components in one property.

Key Highlights

  • Two upstairs apartments included within the property
  • 50,000 BTU split heat pump/AC system recently installed
  • Commercial kitchen with gas range, vented hood, deep fryer, and stainless appliances

Property Analytics

Current Use

Happy Hour Bar Bar & Pub

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Parking Lot & Garage Pharmacy

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

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49841, MI

7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
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

  • Happy Hour Bar 5 E Stephenson Ave, Gwinn, MI 49841

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar and restaurant with a commercial kitchen, entertainment features, and upstairs residential space.
Where is this bar & pub located?
The property is located at 5 E Stephenson Gwinn, MI.
What are key features of this property?
This property features: Two upstairs apartments included within the property; 50,000 BTU split heat pump/AC system recently installed; Commercial kitchen with gas range, vented hood, deep fryer, and stainless appliances
More about this property
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