$2,000,000

1007 Spring Street, Petoskey, MI 49770, US

Summary

Full Baths: 4
Style: Business
Sq Ft: 6200
Year Built: 1982

Moving Quotes

primary photo for 1007 Spring Street, Petoskey, MI 49770, US

Remarks

Welcome to the Southwoods pub and Grill, the premier ''GO-TO'' dining destination located in the heart of Petoskey, an upscale four-season tourist hotspot in Northern Michigan. Nestled in a competitive location fronting Spring Street (US-131 Highway), this property offers unparalleled visibility and accessibility, making it a cornerstone of the local dining scene for over 18 years. Conveniently close to local hotels, the casino, the hospital, and downtown Petoskey. Spanning 6,200 sq. ft. on a 1.2-acre lot, the interior floor plan is thoughtfully designed to accommodate a seating capacity of 140. The property includes two east-facing dining rooms, a cozy lounge area with booths, and a beautifully crafted full-service bar, perfect for hosting both locals and tourists alike. Adequate onsite parking ensures convenience for your patrons, while the well-designed layout offers room for future expansion, should you choose to grow this thriving business. With 45 well-trained, long-term employees, the restaurant delivers a consistent, high-quality dining experience that keeps customers coming back year after year. Whether you're looking to continue the legacy of Southwoods Family Restaurant or explore new business opportunities, this property offers a rare chance to own a successful, established business in a thriving tourist community. The combination of prime location, recent renovations, and strong local and tourist following makes this a standout investment opportunity in Northern Michigan. Seize the opportunity to own a piece of Petoskey's vibrant dining scene and capitalize on the growing demand for high-quality dining experiences in this picturesque and prosperous region.

Details

MLS#: 24046771
Price: $2,000,000

Style: Business
Baths Full: 4
Sq Ft: 6200
Year Built: 1982

County: Emmet
Lot Size: irreg
Tax Fee: 17364

School District: Petoskey

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Broker Contact

Century 21 White House Realty
10060 Buchanan Road
Canadian Lakes, MI, 49346
US
Chip Issette
! 231-972-7676
! info@century21whitehouse.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Michigan Regional Information Center, LLC.
Last updated: 2024-09-05T14:51:41.000-04:00.
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