1007 Spring StPetoskey, MI 49770

For Sale
$2,000,000
Established Pub & Grill, High Traffic Area

Overview

Added:
Feb 3
Days on market:
72
This exceptional business opportunity presents the Southwoods Pub and Grill, a thriving restaurant in the heart of Petoskey, Michigan. Established for over 18 years, this premier dining destination enjoys unparalleled visibility and accessibility, fronting Spring Street (US-131 Highway) in this upscale, four-season tourist hotspot of Northern Michigan. The property boasts a substantial 6,200 square foot building situated on a generous 1.21-acre lot, providing ample space for its current operations and potential expansion. The interior layout is thoughtfully designed to comfortably seat 140 patrons, featuring two east-facing dining rooms, a welcoming lounge area with booths, and an attractive, full-service bar. This well-established business benefits from its strategic location, conveniently close to major attractions including local hotels, the casino, the hospital, and downtown Petoskey, ensuring a consistent flow of both local and tourist clientele. The property's prime location and established reputation make it an ideal investment for a discerning buyer seeking a profitable and well-regarded business in a vibrant Northern Michigan community. The asking price is $2,000,000. This represents a unique opportunity to acquire a turnkey operation with significant growth potential in a highly desirable market.

Property Details for 1007 Spring St

Property type
Investment properties
Square Feet
6,200 SF
Year Built
1982
Lot Size (sq. ft)
52,708 SF

Location Insight

City
Petoskey
County
Emmet
State
Michigan
Latitude
45.36331
Longitude
-84.97031
1007 Spring St, Petoskey, Michigan

FAQs

What type of property is this?
Investment property - Established Pub & Grill, High Traffic Area
Where is the investment property located?
The property is located at 1007 Spring St Petoskey, MI.
What is the asking price?
The asking price for this property is $2,000,000.
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1007 Spring St
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