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    Mixed-Use Building with Living Quarters
    Updated: Apr 3
    Mixed-Use Building with Living Quarters

    208 S Sophie Street, Bessemer, MI 49911

    $149,900
    3,966 sqft 0.07 AC lot
    3,966‑square‑foot mixed‑use building with commercial and residential areas
    Upper‑level three‑bedroom living quarters with kitchen, bathroom, and stack washer and dryer
    Main floor includes a bar exceeding 20 feet, coolers, ice machine, and seating areas
    Rear room configured with pool‑table seating and low tables and chairs
    0.07‑acre property with parking spaces behind the building
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    See hot listings in Bessemer

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Bessemer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Kitchen with Bakery Equipment
    Commercial Kitchen with Bakery Equipment

    230 E Aurora Street, Ironwood, MI 49938

    $189,000
    1,600 sqft 0.13 AC lot

    Updated brick commercial kitchen with bakery equipment, prep areas, retail seating, storage, and delivery access.

    View details
    Restaurant with Living Quarters
    Restaurant with Living Quarters

    6622 HWY 2 W, Hurley, WI 54534

    $524,900
    1.05 AC lot

    Established restaurant property includes a fully equipped kitchen, bar, dining room, and on-site residential space.

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    Turnkey Restaurant with Four-Bedroom Quarters
    Turnkey Restaurant with Four-Bedroom Quarters

    6622 W US 2 Highway, Hurley, WI 54534

    $524,900
    3,875 sqft 1.05 AC lot

    Restaurant with front covered porch, handicap access, and on-site living quarters with four bedrooms and two full baths.

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    Restaurant with Bar and Patio
    Restaurant with Bar and Patio

    N11582 Black River Road, Ironwood, MI 49938

    $204,900
    1,952 sqft 1.95 AC lot

    Commercially zoned restaurant with accessible entry and outdoor dining area.

    View details

    Off-Market Properties in Bessemer, MI

    Consider similar Off-Market properties in Bessemer, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    105 Mary St
    RESTAURANT

    105 Mary St, Bessemer, MI 49911-1425

    Estimated value:
    $285,000
    5,304 sqft 0.09 AC lot
    View details
    208 Sophie St
    RESTAURANT

    208 Sophie St, Bessemer, MI 49911-1436

    Estimated value:
    $165,000
    3,966 sqft 0.07 AC lot
    View details
    11586th Black Riv Rd
    RESTAURANT

    11586th Black Riv Rd, Bessemer, MI 49911-9734

    Estimated value:
    $305,000
    2,284 sqft 2.01 AC lot
    View details
    201 Lead St
    DRIVE-THRU RESTAURANT, FAST FOOD

    201 Lead St, Bessemer, MI 49911-1407

    Estimated value:
    $290,000
    2,592 sqft 0.51 AC lot
    View details
    807 Eli Ave
    BAR, TAVERN

    807 Eli Ave, Bessemer, MI 49911-1810

    Estimated value:
    $210,000
    944 sqft 0.30 AC lot
    View details
    105 Sophie St
    DRIVE-THRU RESTAURANT, FAST FOOD

    105 Sophie St, Bessemer, MI 49911-1150

    Estimated value:
    $285,000
    2,688 sqft 0.19 AC lot
    View details

    Bessemer, MI Restaurants Market Trends and Statistics

    Explore 7 restaurants for sale in Bessemer, MI on our real estate platform. These investment opportunities span a total of 3,966 square feet of properties for sale, with an estimated market value of $149,900.

    Sale prices for restaurant properties in Bessemer, MI average $149,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 2,843
    Population Growth (5Y) +3.4%
    Median Household Income $51,326
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

    Identify Bessemer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49911 $149.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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