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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 Market378

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

Tenancy & Operations

Currently Operating Yes
Business Included Yes

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 Public Sewer, Septic Tank

Amenities

axe throwing room
custom sound system with 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: Oct 29 Last Checked: Nov 3 at 8:06AM
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.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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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

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
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