10468 S Main Street $325,000

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    10468 S Main Street Rapid River, MI 49878

    • 3,938 sq. ft.
    • 0.26 Acres
    • Commercial
    • MLS# 50109716
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    Views: 87 Days On Site: 346

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    Property Details

    The iconic Swallow Inn, situated in the Heart of Rapid River, is now available to be your new business endeavor! This building originally started out as a boarding house and has been a running business for over 100 years. You've likely seen the Swallow Inn featured as Best Fish Fry in the U.P., named by public vote & the Daily Press! Or maybe you've seen it in clips of the movie Escanaba in da Moonlight, or perhaps on Yooper Paranormal! How about their record selling Keno ticket winner that was close to $500,000? Or perhaps you've just heard about their one-of-a-kind salad bar, and down-right good food! Either way, iconic only begins to describe this historic building. With a full bar, dining area, kitchen, & public bathrooms, this could be an almost turn-key business operation. Stock will be included along with tables, stools, chairs, etc (with the exception of liquor), and the current owner is happy to help with the transition to the new owner. Currently has a Class C Liquor license & Michigan Lottery Retailer license. There are apartments upstairs that could be remodeled for on-site living or additional income opportunity. Come see the Swallow Inn - To Old Friends & New Ones!

    • General Features
      • Acreage 0.26
      • Area Municipality Masonville Twp (21017)
      • Body of Water None
      • County Delta
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Subdivision Coles plat of rapid river
      • Total SqFt Finished 3938
      • Waterfront Y/N No
      • Year Built 1890
      • ZONING Mixed Use,Commercial
    • Building Features
      • Cooling System None
      • Exterior Construction Log, Wood
      • Foundation Type Crawl
      • Heating System Boiler
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Private Well
      • Water Features None
      • PARKING 11-20 Spaces
      • Lot Size 84x137
      • Roads City/County
      • Sewer Septic Public Sanitary

    Contact

    Ryan Newman

    Ryan Newman

    Sales Associate

    RE/MAX Select

    Direct: 810-600-2048

    Neighborhood

    49878 (Rapid River) Demographics

    55 Median Age
    7 Population Density (per sq. mile)
    34% College Educated
    $50,380 Estimated Median Income
    1,419 Estimated Total Home Owners
    201 Estimated Total Renters
    88% / 12% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,369 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $475,000 Median Sales Price
    1 Homes Sold
    10 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $325,000
        11/10/2023 10:21:53 AM Price Reduced Source: Multiple Listing Service New Value: $325,000 -7.14%
        5/22/2023 2:22:00 PM New in Database Source: Multiple Listing Service New Value: $350,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.