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About the Listing 107012 - 693480
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.
Listing Highlights
Status
Active
Days on Site
119
Property Type
Commercial Sale
MLS ®
50194649
Year Built
1900
Total Square Footage
2,164
Lot/Acreage
0.08
County
Delta
Area
Escanaba (21010)
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2164
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Zoning: Commercial
- Roof:
- Others:
- Sewer: Public Sanitary
- Parking Features: 11-20 Spaces
Financial Details
- Tax Amount: $3,911
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
1117 Ludington Escanaba, MI 49829
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