$550,000 for Sale
1117 ludington, escanaba, MI 49829
Property Description
This is an exceptional opportunity for both business ownership and rental income potential! This turnkey, full operational establishment is one of downtown Escanaba?s most active and well-loved bars, and sits along the city?s highest visibility commercial corridors. It offers a blent of modern renovation, has established customer loyalty, and prime placement within Escanaba?s developing downtown district. The building features over 2,000 square feet of thoughtfully updated space, including newer mechanicals and a functional front-to-back layout designed for smooth, efficient operations. The basement provides ample storage, and both restrooms have been fully renovated. The front area of the pub offers abundant seating and high-top tables, while the rear section provides plenty of space for groups, events, or additional entertainment. The pool tables are owned, while the dart boards, speaker system, and TouchTunes machines are leased. Upstairs, you?ll find an apartment space that has been largely gutted. However, the owner shave recently begun the very basic premnliiminary renovation work. This presents a significant value-add opportunity for a buyer to complete the space to their vision, whether as owner-occupied housing, rental income, short-term lodging, or additional storage/office space. Well-known among locals for its excellent cocktails and welcoming, energetic atmosphere, this pub has become a go-to spot for celebrations of all kinds. From holiday gatherings and sporting events to hunting season festivities and themed parties, it remains a reliable hotspot for both regulars and new visitors. Whether you?re looking to expand your hospitality portfolio or bring your bar & lounge concept to life, this is your chance to own a proven, turn-key business with added upside potential in the heart of Escanaba.
General Information
Sale Price: $550,000
Price/SqFt: $254
Status: Active
MLS#: 50194649
City: escanaba
Post Office: escanaba
County: Delta
Acres: 0.08
Lot Dim: irregular
Size: 2,164 sq.ft.
Acreage: 0.08 est.
Year Built: 1900
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $2,057
Est. Winter Taxes: $1,854

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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: ROB SULLIVAN of NORTHERN MICHIGAN LAND BROKERS
This listing last updated: Tue, March 31, 2026 at 9:00:32 AM EDT
MIRealSource Listing Data Last Updated On Saturday, April 4 2026 at 10:08pm