224 e caspian ave, caspian, MI 49915

Asking Price
The price of a property as listed on the market.

$119,900
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as a Ice Cream Parlor and turned into a tavern after prohibition. Live upstairs in the spacious 2 bedroom 960 square foot apartment or rent it out for extra income. This property has a neat and clean interior with a well organized kitchen ready for a new owner to take over. Newer fryer, only 4 years old, new was $10K. Liquor license is included. All buildings have metal roofing. Interior has an inviting atmosphere with newer flooring and a U.P. vibe. His & hers restrooms along with a back room for beverage storage. This area also has a walk-in cooler. Main building 24x40 with 960 sf in the bar area and another 960 in the upstairs apartment. kitchen plus backroom storage area add another ~578 sf. There is a partial basement, 10 x 13, which is rock & mortar and poured concrete with a natural Gas forced air furnace, 15 yrs and electric water heater, 4 yrs. Tables, chairs, stools, appliances, walk-in cooler and pool table are all included. Dart machine and jukebox are rented. Older garage at alley for storage. There are some new windows and extra viny...

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID877426459
MLS Number50137186
Parcel Number051-164-006-00
CountyIRON
Living Area (sqft)2,498
Price/sqft$47
Year Built01/01/1917
Property TypeCommercial
Lot Size7405
Stories200
HeatingForced Air Heating
Floor CoveringLaminate, Vinyl
Listing StatusActive
Property Brokerage: RE/MAX North Country , 1353 U.S. 2 Suite 2, CRYSTAL FALLS, MI49920
Copyright © 2024 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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