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5 E Stephenson

Gwinn, MI 49841
  • $230,000
  • STATUS: Active Under Contract
  • ON SITE: 308 Days
  • MLS #: 50119175
Under Contract
UPDATED: 114 min ago
$230,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,900
    SQFT
  • $79
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1920
County:

School Ratings & Info

Description

Own the heart of historic Gwinn! Recently upgraded with a brand new 50,000 BTU split heat pump/AC system, the Happy Hour Bar & Grill has been a local landmark watering hole for years. This turnkey establishment offers a primo location on Gwinn's main drag, excellent cash flow, and a fully outfitted space ready for a new owner including two upstairs apartments to generate extra income or live on site! Happy Hour's versatile menu ranges from tacos to burgers to homemade pizza, pleasing all palates. The large bar area offers seating for 30+ patrons and showcases a wide array of tap beers, cocktails and other alcoholic beverages. A pool table, karaoke, and new stereo receiver provide entertainment options. The fully equipped kitchen features stainless appliances including a gas range, vented hood and deep fryer. A large walk-in cooler, multiple freezers, ice maker and ample dry storage in the basement help operations run smoothly. Recent updates include roof, parking lot, furnace, water heater, flooring, and HD TVs, complementing features like the cozy back deck seating area perfect for soaking up summer days. All the hard work has been done - this "turn-key" establishment only needs a new owner with a little entrepreneurial spirit. Be the toast of the town by owning Gwinn's favorite watering hole and eatery!

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-06-21T08:49:45.127.
www.kelder.com/homes/142543960
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5 E Stephenson Gwinn, MI 49841

  • Price: $230,000
  • Status: Active Under Contract
  • On Site: 308 Days
  • Updated: 114 min ago
  • MLS #: 50119175
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,900
SQFT
$79
$/SQFT
1920
Built
Neighborhood:
Forsyth Twp (52009)
County:
Marquette
Area:
Forsyth Twp (52009)
Property Description
Own the heart of historic Gwinn! Recently upgraded with a brand new 50,000 BTU split heat pump/AC system, the Happy Hour Bar & Grill has been a local landmark watering hole for years. This turnkey establishment offers a primo location on Gwinn's main drag, excellent cash flow, and a fully outfitted space ready for a new owner including two upstairs apartments to generate extra income or live on site! Happy Hour's versatile menu ranges from tacos to burgers to homemade pizza, pleasing all palates. The large bar area offers seating for 30+ patrons and showcases a wide array of tap beers, cocktails and other alcoholic beverages. A pool table, karaoke, and new stereo receiver provide entertainment options. The fully equipped kitchen features stainless appliances including a gas range, vented hood and deep fryer. A large walk-in cooler, multiple freezers, ice maker and ample dry storage in the basement help operations run smoothly. Recent updates include roof, parking lot, furnace, water heater, flooring, and HD TVs, complementing features like the cozy back deck seating area perfect for soaking up summer days. All the hard work has been done - this "turn-key" establishment only needs a new owner with a little entrepreneurial spirit. Be the toast of the town by owning Gwinn's favorite watering hole and eatery!
Exterior Features

Exterior Construction FrameVinyl Siding Exterior Features Deck/Patio Foundation Type Basement Location Main Street Lot Description Cleared Lot Size 50x140 Parking Off StreetOn SiteParking Lot Roads City/CountyYear Round Roofing Shingles Water Features None Waterfront YN No

Interior Features

Basement YN Yes Commercial Features 220 Volt PowerCable Internet InstalledCompressorElectric AvailableFixturesFurnitureRestroom(s)Security EquipmentSidewalksTelephone Cooling System Exhaust FanNone Fuel Type Natural Gas Heating System Forced Air Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Business Name Happy Hour Bar Business Type Bar/TavernRestaurant Commercial Type Business Environmental Condition YN No Financial Terms CashCommercial LoanConventional Lease YN No License Available YN Yes License Type Class C LiquorLottery Municipality Forsyth Twp Ownership LLC Present Licenses FoodLiquor LicenseLottery Sale Includes Living Quarters Sewer Septic Public Sanitary Sq Ft Source Measured Subject To Short Sale Approval No Summer Tax Amount 0 Summer Tax Year 2023 Taxable Value 0 Total Tax Amount 0 Total Tax Year 2023 Water Public Water Winter Tax Amount 0 Winter Tax Year 2023 Zoning Commercial

Listing courtesy of COLDWELL BANKER SCHMIDT REALTORS : 906-225-5992.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-06-21T08:49:45.127.
 
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