207 E Pearl St Ishpeming, MI 49849
- Commercial real estate
- 2,790 SF
- 0.07 lot acres
Current Use by Public Records
- Mama Mia's Italian Restaurant / Italian Restaurant / Pizza Restaurant
Property Details for 207 E Pearl St
- Lot size
- 0.07 lot acres
- Property size
- 2,790 SF
- Zone code
- CBD
- Property type
- Commercial real estate
- APN
- 52-51-050-097-00
- APU
- 525105009700
Description
This exceptional opportunity presents the acquisition of Mama Mia's, a highly successful Italian restaurant located in the heart of downtown Ishpeming, Michigan. Established for many years, this restaurant boasts a loyal customer base drawn to its authentic Italian recipes and welcoming atmosphere. The sale includes the real property encompassing a 2,790 square foot building situated on a 0.12-acre lot. The business itself is a turnkey operation, complete with all existing inventory, supplies, and point-of-sale (POS) system. A significant asset included in the sale is a Class C Liquor License, allowing for the continued service of alcoholic beverages. The closely guarded, time-tested recipes are also part of this comprehensive sale, ensuring the continuation of the restaurant's renowned culinary tradition. The restaurant thrives throughout the year, catering to families during the summer tourist season and snowmobilers during the winter months. This presents a unique opportunity for an experienced restaurateur or a new business owner seeking a well-established, profitable venture. A 3-D tour is available for prospective buyers to explore the property and business in detail. The asking price for this complete package is $699,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ishpeming
- County
- Marquette
- State
- Michigan
- Longitude
- -87.6674
- Latitude
- 46.4895
- CBSA code
- 32100
- CBSA name
- MARQUETTE, MI MICROPOLITAN STATISTICAL AREA