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Three Cedars Bar and Entertainment Venue
For Sale
$395,000

5388 Main Street, Millersburg, MI 49759

Commercial Sale, Millersburg, MI

Property Size4,228 SF
Price / SF$93.42
Days on Market332

Property Features for 5388 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Parking Lot
Subdivision T34N, R3W
Directions From M68: South on Millersburg Rd to Millersburg Village location on West side.
Standard status Active
APN 052-130-000-055-00, 056-00, 053-00, 054-00 +
Size 4,228 SF

Taxes and HOA fees

Tax Description VILLAGE OF MILLERSBURG, BLOCK 10, LOT 7, LOT 8 AND THE S 1/ OF LOT 9.
Legal Description VILLAGE OF MILLERSBURG, BLOCK 10, LOT 7, LOT 8 AND THE S 1/ OF LOT 9.

Utilities

Sewer type Septic Tank, Public Sewer

Amenities

axe throwing room
custom sound system with built-in DJ and karaoke setup
pool table
Listing Agency: Real Estate One Indian River
Listed By: Dan O'Hare · License #6506046314
Added: Oct 22, 2025 Changed: Sep 15 Last Checked: Sep 18 at 1:06AM
MLS# 201837810

Copyright © 2026 Water Wonderland Board 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.

Three Cedars is a 4,228-square-foot bar and entertainment property in Millersburg, Michigan. The layout includes a bar area with seating for 50, an axe-throwing room with four lanes and 32 additional seats, and overall capacity for 80–90 guests. A fully equipped kitchen includes pizza ovens, deep fryers, a char broiler, walk-in freezer and coolers, plus preparation and storage areas.

The sale includes licenses, inventory, fixtures, and equipment. Additional improvements include a custom sound system with DJ and karaoke capabilities and a pool table. The property has a parking lot and is served by septic tank and public sewer systems. Commercial zoning supports the existing bar and entertainment use.

Key Highlights

  • 4,228‑square‑foot bar and entertainment property in Millersburg, Michigan
  • Bar area seats 50; axe‑throwing room adds 4 lanes and 32 seats
  • Overall guest capacity accommodates 80–90 people

Property Analytics

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Current Use

Three Cedars Restaurant ... Restaurant Millersburg Inn Association Or Organization

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Accounting Firm Building Supply Bed & Breakfast Hotel & Motel

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
Liquor license

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
1,924 visits/mo 0.1 miles

Demographics for 49759, MI

1,505
Population
1,594
Households
0.9
Avg Household Size
60
Median Age
24%
College-Educated
92%
High-School Grad
156.8 sq mi
ZIP Area
10
Density / Sq Mi
$56,938
Median Household Income
$30,707
Median Earnings
$775
Median Rent
$164,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Three Cedars Restaurant & Clubhouse 5388 Main St, Millersburg, MI 49759

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar with axe-throwing entertainment, commercial kitchen equipment, and a complete operating package.
Where is this bar & pub located?
The property is located at 5388 Main Street Millersburg, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 4,228‑square‑foot bar and entertainment property in Millersburg, Michigan; Bar area seats 50; axe‑throwing room adds 4 lanes and 32 seats; Overall guest capacity accommodates 80–90 people
More about this property
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