Negaunee, MI 49866,305 Iron Street
Negaunee, MI 49866,305 Iron Street
Negaunee, MI 49866,305 Iron Street
Negaunee, MI 49866,305 Iron Street
Negaunee, MI 49866,305 Iron Street
Negaunee, MI 49866,305 Iron Street
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$ 750,000
Est. payment | /mo

5,356 SqFt


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$ 750,000
Est. payment | /mo
Save

5,356 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,356 sqft

Price per Sqft $140

Subdivision Mi

MLS Listing ID 50185078

Year Built 1890

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 33x88

Property Sub-Type Business

Property Description

Turnkey Restaurant/Bar with Rental Income – Prime Downtown Negaunee Location Opportunity knocks in the heart of Negaunee's revitalized downtown! Jackson's Pit, a well-established and locally loved restaurant and bar on Iron Street, is now available. This fully operational business comes with a Class C liquor license, Sunday Sales, and an additional bar license for outdoor events – perfect for maximizing revenue during festivals, social district events, and summer gatherings. Situated in the City of Negaunee's Social District, the property benefits from increased visibility and foot traffic as the area continues to grow and attract both residents and visitors. The second floor features five residential rental units, offering immediate passive income with room to increase rents for added value. Live your dream of being your own boss while enjoying an additional revenue stream from the apartments above. Whether you're an entrepreneur looking to own your first restaurant or an investor seeking a mixed-use property in a growing area, Jackson's Pit delivers on both business and real estate potential. Don't miss this rare chance to own a piece of Iron Street in a community on the rise.

Location

State MI

County Marquette

Area Negaunee (52021)

Zoning Commercial

Interior

Heating Boiler

Exterior

Roof Type Metal

Building

Foundation Basement

Water Public Water

Structure Type Aluminum,Block,Brick,Metal

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by RE/MAX 1ST REALTY
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"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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305 Iron Street