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224 E CASPIAN AVENUE
CASPIAN, MI 49915

$114,500
MLS# 50137186

 

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PROPERTY DESCRIPTION

Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as an Ice Cream Parlor and turned into a tavern after prohibition. Live upstairs in the spacious 2 bedroom 960 square foot apartment or rent it out for extra income. This property has a neat and clean interior with a well organized kitchen ready for a new owner to take over. Newer fryer, only 4 years old, new was $10K. Liquor license is included. All buildings have metal roofing. Interior has an inviting atmosphere with newer flooring and a U.P. vibe. His & hers restrooms along with a back room for beverage storage. This area also has a walk-in cooler. Main building 24x40 with 960 sf in the bar area and another 960 in the upstairs apartment. kitchen plus backroom storage area add another ~578 sf. There is a partial basement, 10 x 13, which is rock & mortar and poured concrete with a natural Gas forced air furnace, 15 yrs and electric water heater, 4 yrs. Tables, chairs, stools, appliances, walk-in cooler and pool table are all included. Dart machine and jukebox are rented. Older garage at alley for storage. There are some new windows and extra vinyl siding for the building that will stay.

 
LOCATION
224 E CASPIAN AVENUE
Caspian, MI 49915

County: Iron

School District:

Property Tax Area: Caspian (36004)

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Paved Street

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DETAILS
Business Type
Total Buildings
Total Building Square Feet 2498.00
Lot Dimensions 50x150
Year Built (Approx.) 1917
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Basement,Crawl,Piller/Post/Pier

 

Basement: Yes

Construction: Other,Partial-Vinyl

Garage:

Fireplace:

 

Exterior:

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Basement,Crawl,Piller/Post/Pier

 

Basement: Yes

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Alley,Cafe/Kitchen,Internet Available,Living Quarters Attached,Outbuilding(s),Public Restrooms,Sidewalks,Vinyl/Laminate Floors

 

Natural Gas:

Sewer: Public Sanitary

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning:

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:
Re/max North Country

Listing Agent:
Leonarduzzi, Jordyn

 
 
 

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