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Historic Mixed-Use Building
New
For Sale
$1,700,000

5851 Sawyer Road, Sawyer, MI 49125

Restaurant and bar space sits alongside apartments, an art gallery, studio, and architect’s workspace.

Property SizeContact for details
Days on Market2

Property Features for 5851 Sawyer Road

General Information

Standard status Active

Units

Unit Mix 3 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 5

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Patio Yes

Building Details

Year Built 1923
Buildings 2
Listing Agency: @properties Christie's International R.E.
Listed By: Heidi Picard
Source: Alexmi
Added: Oct 23 Last Checked: Oct 23 at 4:14PM

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 @properties Christie's International R.E.

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Investment Insights

Based on property information with market context.

Built in 1923, this mixed-use property at 5851 Sawyer Road in Sawyer, Michigan, combines restaurant and bar space with residential and creative areas. Susan’s Sawyer occupies the restaurant space. Other areas include an outdoor patio, art gallery, architect’s workspace, and art studio. Five apartments are located on the second floor of the main building and in the coach house: three have two bedrooms and one bathroom, while two have one bedroom and one bathroom.

The coach house’s main floor has been cleared for a planned conversion to two additional apartments. Parking includes a dedicated lot for the restaurant and shared access to parking with Sawyer Garden Center. The property is being sold as-is.

Key Highlights

  • 1923 building with restaurant and bar space occupied by Susan’s Sawyer
  • Five existing apartments: three two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units
  • Coach house main floor cleared for a planned addition of two apartments

Property Analytics

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Current Use

Susans Sawyer Restaurant The Great Chair Stack Resort

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Building Supply Plumbing Service Garden Center

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 49125, MI

1,743
Population
1,649
Households
1.1
Avg Household Size
56
Median Age
31%
College-Educated
97%
High-School Grad
13.1 sq mi
ZIP Area
133
Density / Sq Mi
$79,688
Median Household Income
$49,621
Median Earnings
$803
Median Rent
$300,000
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant and bar space sits alongside apartments, an art gallery, studio, and architect’s workspace.
Where is this mixed-use property located?
The property is located at 5851 Sawyer Road Sawyer, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 1923 building with restaurant and bar space occupied by Susan’s Sawyer; Five existing apartments: three two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units; Coach house main floor cleared for a planned addition of two apartments
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