51734 Tamarack Street $425,000

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    51734 Tamarack Street Hubbell, MI 49934

    • 3,912 sq. ft.
    • 0.23 Acres
    • Commercial
    • MLS# 50128190
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    Views: 665 Days On Site: 166

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    Property Details

    Description Tours

    Discover a fantastic business opportunity in the heart of Michigan's Keweenaw Peninsula, where a charming bar and restaurant await visionary entrepreneurs. Ideally situated near Snowmobile/ATV trail #3, this establishment has earned a great local reputation for its welcoming atmosphere. Patrons savor the unique charm of a building with rich history while indulging in the comfort of delicious food. Unlock the true potential of this business by seizing the opportunity to expand operating hours and implement a robust advertising strategy. The strategic location and untapped potential make this an ideal business investment with a chance to also be part of a beloved community tradition. Included in this all-encompassing package are the essential components for a turnkey operation - current inventory, restaurant equipment, furnishings, and a valuable liquor license. The property features an upstairs residence with two bedrooms and one bathroom, providing a comfortable living arrangement for owners or an additional income source through renting. Additional unused space on the second and third floor create opportunities for additional residential units to amplify revenue. This listing goes beyond a business transaction; it is an invitation for entrepreneurs to reimagine and elevate this historic establishment. Embrace the potential for growth in this picturesque location, where the canvas is blank, and the future is yours to shape. Seize this opportunity now and make your mark on this thriving bar and restaurant in the heart of Michigan's scenic Keweenaw Peninsula. Inquire today to step into a world of untapped possibilities!

    • General Features
      • Acreage 0.23
      • Area Municipality Osceola Twp (31021)
      • County Houghton
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 3912
      • Waterfront Y/N No
      • Year Built 1900
      • ZONING Mixed Use
    • Building Features
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Shingles
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING On Site,Parking Lot
      • Lot Size 100x100
      • Roads City/County, Curbed, Paved Street, State
      • Sewer Septic Public Sanitary

    Contact

    Adam Shirey

    Adam Shirey

    Realtor

    RE/MAX Douglass Real Estate

    Cell: 616-799-1038

    Jennifer Breitmoser

    Intranet User

    RE/MAX Douglass Real Estate

    Mobile Phone: 906-370-2983

    Neighborhood

    49934 (Hubbell) Demographics

    39 Median Age
    293 Population Density (per sq. mile)
    29% College Educated
    $43,047 Estimated Median Income
    313 Estimated Total Home Owners
    30 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    809 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $160,000 Median Sales Price
    1 Homes Sold
    2 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: $425,000
        1/26/2024 11:05:31 AM Price Reduced Source: Multiple Listing Service New Value: $425,000 -3.41%
        11/18/2023 9:06:00 AM New in Database Source: Multiple Listing Service New Value: $440,000

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.