Remarks

An incredible Hancock waterfront opportunity is waiting here. A rare find with expansive waterfront and bridge views. This commercial property was built in 2008 with an addition in 2021 and is in excellent condition. With close to 4,900 finished square feet this property can continue on the path to become a go-to local restaurant or possibly transition into condos. The interior plans are for 2 bars, one on each level, a large kitchen and plenty of storage. There are restrooms on both levels. Open the doors to 2 levels of outdoor seating and a 2,700 square foot covered pavilion with concrete floor. The pavilion would make a great outdoor entertaining place for weddings or parties. There is a garage storage building with over 1,500 feet of space. Trail 17 is located very close to this site and it’s easy to jump off here. The buildings include 3 furnaces one of which is new, 2 new central air units, all new kitchen equipment along with a 15-foot exhaust hood and comes with 52 parking spaces for patrons. Class C and SDM liquor licenses are included. The building is still in a construction phase but so close to opening. All plans and construction are health department approved. The seller has owned and run restaurants for decades and is willing to consult if needed. The possibilities are endless with this location.

Details

MLS#: 50128712
Price: $1,190,000

Style: Investment
Sq Ft: 4893
Year Built: 2008

County: Houghton
Lot Size: 219x79x65x44x337x94x125
Tax Fee: 21371