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321 FAIR AVENUE
MARENISCO, MI 49947

$175,000
MLS# 50132021

 

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PROPERTY DESCRIPTION

YEAR-ROUND RESTAURANT/LAUNDROMAT WITH LIQUOR LICENSE, located right on the bustling Snowmobile/ATV trail in Marenisco, Michigan. This well-maintained property offers an exciting investment opportunity in the heart of the western Upper Peninsula. Built in 2010 and updated with modern conveniences, this multi-purpose property combines a fully operational restaurant and a 24/7 laundromat, both designed to serve locals and tourists alike. The restaurant features a spacious dining room with seating for 50 guests, highlighted by beautiful woodwork both inside and out, creating a warm and inviting atmosphere. The large commercial kitchen comes fully equipped with walk-in coolers and all the essentials needed to serve breakfast, lunch, and dinner. Guests can enjoy the view of the Snowmobile/ATV trail through the dining room windows, offering a unique experience year-round. Located only 11 miles from beautiful Lake Gogebic and close to the Wisconsin border!

 
LOCATION
321 FAIR AVENUE
Marenisco, MI 49947

County: Gogebic

School District:

Property Tax Area: Marenisco Twp (27008)

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Class A,Paved Street,Year Round

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DETAILS
Business Type Restaurant/Laundromat/Bar
Total Buildings
Total Building Square Feet 2772.00
Lot Dimensions 60x130, 60x122
Year Built (Approx.) 2010
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Construction: Wood

Garage:

Fireplace:

 

Exterior:

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Slab

 

Basement: No

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: 220 Volt Power,Cable Internet Installed,Cable TV Available,Cafe/Kitchen,Fixtures,Restroom(s)

 

Natural Gas:

Sewer: Public Sanitary

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: Ceiling Fan(s),Central A/C

Heat: Natural Gas: Forced Air

 

Supplemental Heat:

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Northern Trails Realty

Listing Agent:
Gullan, Karen

 
 
 

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