1007 Spring StPetoskey, MI 49770

Property Details for 1007 Spring St

Lot size

0.80 AC

Property size (Sq ft)

2,519 SF

Zone code

COP B-3A

Property type

Commercial real estate

APN

52-19-06-300-086

APU

521906300086

Description

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.

Location Insight

City

Petoskey

County

Emmet

State

Michigan

Latitude

45.3633

Longitude

-84.9703

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].