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$750,000 for Sale
305 iron, negaunee, MI 49866
Property Description
Turnkey Restaurant/Bar with Rental Income ? Prime Downtown Negaunee Location Opportunity knocks in the heart of Negaunee?s revitalized downtown! Jackson?s Pit, a well-established and locally loved restaurant and bar on Iron Street, is now available. This fully operational business comes with a Class C liquor license, Sunday Sales, and an additional bar license for outdoor events ? perfect for maximizing revenue during festivals, social district events, and summer gatherings. Situated in the City of Negaunee?s Social District, the property benefits from increased visibility and foot traffic as the area continues to grow and attract both residents and visitors. The second floor features five residential rental units, offering immediate passive income with room to increase rents for added value. Live your dream of being your own boss while enjoying an additional revenue stream from the apartments above. Whether you're an entrepreneur looking to own your first restaurant or an investor seeking a mixed-use property in a growing area, Jackson?s Pit delivers on both business and real estate potential. Don't miss this rare chance to own a piece of Iron Street in a community on the rise.
General Information
Sale Price: $750,000
Price/SqFt: $140
Status: Active
MLS#: 50185078
City: negaunee
Post Office: negaunee
County: Marquette
Acres: 0.06
Lot Dim: 33x88
Size: 5,356 sq.ft.
Acreage: 0.06 est.
Year Built: 1890
Property Type: Business
Tax, Fees & Legal
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: BRADLEY ARGALL of RE/MAX 1ST REALTY
This listing last updated: Wed, August 13, 2025 at 1:22:09 PM EDT
MIRealSource Listing Data Last Updated On Monday, April 6 2026 at 6:45pm
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Listings presented by:
BRADLEY ARGALL
RE/MAX 1ST REALTY
Call: (906) 458-2180 |