224 E Caspian Avenue, Caspian, MI

$109,500

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2,498

Square feet

0.17

Acres

About 224 E Caspian Avenue

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.

Features of 224 E Caspian Avenue

MLS® # 50137186
Price $109,500
Square Footage 2,498
Acres 0.17
Year Built 1917
Type COM/IND/BUS OPP
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Upper Peninsula Assoc of Realtors

Community Information

Address 224 E Caspian Avenue
Area Caspian
Subdivision Plat of Caspian
City Caspian
County Iron
State MI
Zip Code 49915

Amenities

Features Alley, Cafe/Kitchen, Internet Available, Living Quarters Attached, Outbuilding(s), Public Restrooms, Sidewalks, Vinyl/Laminate Floors
Parking On Site
Is Waterfront No
Waterfront None

Interior

Heating Forced Air

Exterior

Roof Metal
Construction Other, Partial-Vinyl
Foundation Basement, Crawl, Piller/Post/Pier

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX NORTH COUNTRY

Listing Map

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