Restaurants

White Pine, MI Restaurants for Sale

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Motel With Bowling Alley
Updated: Apr 16, 2024
Motel With Bowling Alley

400 Main Street, White Pine, MI 49971

$1,250,000
21,000 sqft 4.35 AC lot
21,000‑square‑foot multi‑use hospitality property on 4.35 acres
16 motel rooms with 2 queen beds, mini refrigerator, and cable TV in each room
Restaurant and bar seating for over 200 guests, including banquet and wedding functions
8‑lane automated bowling alley with arcade games and 2 pool tables
Includes conference center, convenience store, and gas station
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Motel, Restaurant, Bowling Alley, Gas
Updated: Apr 16, 2024
Motel, Restaurant, Bowling Alley, Gas

400 Main Street, White Pine, MI 49971

$1,250,000
21,000 sqft
Diverse income streams: Motel, restaurant/bar, bowling alley, convenience store, and gas station all in one location.
Prime tourist location near the Porcupine Mountains and Lake Superior.
High‑capacity restaurant/bar seating over 200, perfect for various events.
Conference center, one of the only ones in the area, ideal for business meetings.
Only gas station serving locals and tourists within a 12‑19 mile radius.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in White Pine, 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.

Restaurant with On-Site Living Quarters
Restaurant with On-Site Living Quarters

6622 Hwy 2, Hurley, WI 54534

$524,900
3,875 sqft

Established restaurant property with bar, dining room, commercial kitchen, accessibility features, and additional residential accommodations.

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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.

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Restaurant with Furnishings
Restaurant with Furnishings

106 E Cloverland Drive, Ironwood, MI 49938

$225,000
1,406 sqft 0.41 AC lot

Established restaurant with included equipment, furnishings, and a dedicated dining area.

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White Pine, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in White Pine, MI on our real estate platform. These investment opportunities span a total of 42,000 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for restaurant properties in White Pine, MI average $1,250,000 — 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
Conventional restaurants 1

Demographics Overview

Population 404
Median Household Income $39,792
College Educated 22.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49971 $1.3M

Listings Trend

New vs delisted commercial listings in Ontonagon County

New Delisted

Total CRE Inventory on Market (SF)

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