1117 Ludington, Escanaba, MI 49829
sale
$550,000
|
Other
Courtesy Of Northern Michigan Land Brokers
2552 US 41 West Ste 100, Marquette, MI 49855
This is an exceptional opportunity for both business ownership and rental income potential! This turnkey, full operational establishment is one of downtown Escanaba s most active and well-loved bars, and sits along the city s highest visibility commercial corridors. It offers a blent of modern renovation, has established customer loyalty, and prime placement within Escanaba s developing downtown district. The building features over 2,000 square feet of thoughtfully updated space, including newer mechanicals and a functional front-to-back layout designed for smooth, efficient operations. The basement provides ample storage, and both restrooms have been fully renovated. The front area of the pub offers abundant seating and high-top tables, while the rear section provides plenty of space for groups, events, or additional entertainment. The pool tables are owned, while the dart boards, speaker system, and TouchTunes machines are leased. Upstairs, you ll find an apartment space that has been largely gutted. However, the owner shave recently begun the very basic premnliiminary renovation work. This presents a significant value-add opportunity for a buyer to complete the space to their vision, whether as owner-occupied housing, rental income, short-term lodging, or additional storage/office space. Well-known among locals for its excellent cocktails and welcoming, energetic atmosphere, this pub has become a go-to spot for celebrations of all kinds. From holiday gatherings and sporting events to hunting season festivities and themed parties, it remains a reliable hotspot for both regulars and new visitors. Whether you re looking to expand your hospitality portfolio or bring your bar & lounge concept to life, this is your chance to own a proven, turn-key business with added upside potential in the heart of Escanaba.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 50194649
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