224 E Caspian

Caspian, MI 49915
  • $109,500

    Price
  • 0

    Bed
  • Bath
  • 2,498

    SqFt

About the Listing 106536 - 723769,696436

Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as an 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 vinyl siding for the building that will stay.

Listing Highlights for 224 E Caspian

Status Active
Days on Site 534
Property Type Business Opportunity
MLS ® 50137186
Year Built 1917
Total Square Footage 2,498
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2498
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50x150
  • Zoning: Commercial
  • Roof: Metal
  • Others:
  • Sewer: Public Sanitary
  • Parking Features: On Site

Financial Details

  • Tax Amount: $1,102
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2022

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224 E Caspian Caspian, MI 49915

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Originating MLS: Upper Peninsula Assoc of Realtors

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