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Historic Waterfront Restaurant Building
For Sale
Contact for pricing
Pending

525 1ST Street, Menominee, MI 49858

Two-level property with restaurant improvements, banquet space, and water views in Menominee’s waterfront district.

Property SizeContact for details
Days on Market143

Property Features for 525 1ST Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Coldwell Banker Real Estate Group Menominee
Listed By: Patti Arsineau · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Apr 11 at 7:38PM

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 Real Estate Group Menominee

Investment Insights

Based on property information with market context.

Built in 1883, this two-level restaurant property combines original character with substantial updates. The main level accommodates 110 seats and includes a bar, kitchen, bathrooms, heating, air conditioning, plumbing, and updated flooring. Interior finishes have been restored, while facade repairs and exposed brick contribute to the building’s vintage character. The restaurant business is not included in the sale.

The second floor adds banquet hall space with hardwood floors, high ceilings, and water views. Renovations and system updates have been completed since 2010, including work to the heat and AC, kitchen, bathrooms, plumbing, and flooring. The property is located in Menominee’s waterfront district at 525 1st St.

Key Highlights

  • 1883 restaurant building in Menominee’s waterfront district
  • Main‑level dining area seats 110; restaurant business is not included
  • Second‑floor banquet hall with hardwood floors, high ceilings, and water views

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49858, MI

11,939
Population
6,486
Households
1.8
Avg Household Size
49
Median Age
19%
College-Educated
93%
High-School Grad
86.8 sq mi
ZIP Area
138
Density / Sq Mi
$52,813
Median Household Income
$39,492
Median Earnings
$691
Median Rent
$127,100
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 - Two-level property with restaurant improvements, banquet space, and water views in Menominee’s waterfront district.
Where is this conventional restaurant located?
The property is located at 525 1ST Street Menominee, MI.
What are key features of this property?
This property features: 1883 restaurant building in Menominee’s waterfront district; Main‑level dining area seats 110; restaurant business is not included; Second‑floor banquet hall with hardwood floors, high ceilings, and water views
More about this property
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