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    South Range, MI
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    South Range, MI Restaurants for Sale

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    Houghton, MI Atlantic Mine, MI Portage, MI Hancock, MI Chassell, MI Dollar Bay, MI Lake Linden, MI Toivola, MI
    Mixed-Use Pub with Apartment
    Updated: May 11
    Mixed-Use Pub with Apartment

    31 Trimountain Avenue, South Range, MI 49965

    $579,000
    3,552 sqft 0.39 AC lot
    Commercial building with a pub on the main floor and a 3‑bedroom, 2 full‑bath apartment above
    Entire building has been completely renovated with modern amenities
    Pub includes liquor license, kitchen for standard bar fare, and seating for about 70
    Entertainment amenities include shuffleboard, pool table, and electronic dart board
    Basement offers ample storage and on‑site laundry
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    This listing looks promising.

    Here's a quick look at some key insights for

    31 Trimountain Avenue, South Range, MI 49965

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    • Est. Cap Rate

      5.9%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $487K
      Suggested
    View Property Analytics
    Restaurant with Walk-In Cooler/Freezer
    Updated: Apr 12
    Restaurant with Walk-In Cooler/Freezer

    23 Trimountain Ave, South Range, MI 49963

    Contact for pricing
    Restaurant building set up for food service, with bar, dining area, and storage behind the bar
    Dining area configured for 36+/- seating, with additional potential seating for 20+/- at the bar and counter areas
    Built‑in walk‑in cooler and freezer included (not serviced/used by seller; condition unknown)
    Recent updates include Duro‑Last roof (2017), boiler (2013), ANSUL system (2016), toilets (2018), LED lighting, and new flooring
    Includes a pole sign for marketing and plenty of parking in the side lot with access from Trimountain Ave or M‑26
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in South Range, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Freestanding Burger King NNN Property
    Freestanding Burger King NNN Property

    997 W Sharon Ave, Houghton, MI 49931

    $1,761,357
    3,359 sqft

    Quick-service restaurant leased on an NNN structure with B-3 zoning.

    View details
    Bar and Pub Building with Newer Roof
    Bar and Pub Building with Newer Roof

    202 W Genesee Street, Iron River, MI 49935

    $119,900
    3,236 sqft 0.08 AC lot

    Former supper club with 3,236 square feet and flexible commercial repositioning potential, subject to approvals.

    View details
    Turnkey Restaurant and Bar Building
    Turnkey Restaurant and Bar Building

    130 Washington Avenue Unit SourceFi, Iron River, MI 49935

    $199,000
    2,923 sqft

    Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

    View details
    Turnkey Restaurant Space with Kitchen
    Turnkey Restaurant Space with Kitchen

    48404 Lincoln Ave, Houghton, MI 49931

    Contact for pricing

    Fully licensed commercial kitchen equipment and updated customer area in a corner retail/restaurant building with off-street parking.

    View details

    South Range, MI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in South Range, MI on our real estate platform. These investment opportunities span a total of 3,552 square feet of properties for sale, with an estimated market value of $579,000.

    Sale prices for restaurant properties in South Range, MI average $579,000 — 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
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 621
    Median Household Income $55,250
    College Educated 17.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Toivola - 49965 $579K

    Total CRE Inventory on Market (SF)

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