$ 1,850,000
1110 Champion Street Marquette, MI 49855
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,850,000
Est. payment /mo
Price Dropped by $650K
1110 Champion Street Marquette, MI 49855
4,280 SqFt
UPDATED:
11/07/2024 07:03 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $432
Subdivision Mi
MLS Listing ID 50158471
Year Built 1965
Tax Year 2023
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 120x115
Property Description
The Courtyards Bar and Restaurant is a beloved establishment in South Marquette, perfectly positioned in the largest city of Michigan?s Upper Peninsula. Marquette boasts a population of over 20,000 residents, with a much larger population in the surrounding areas. It?s also home to Northern Michigan University, which brings thousands of students, faculty, and visitors to town every year. This population drives a consistent demand for excellent dining experiences. South Marquette is an up-and-coming area with growing potential. A stoplight and pedestrian crosswalk make it easy for condo residents and hotel guests from across the street to visit the only restaurant in this neighborhood. With visibility from US 41, the location benefits from exposure to over 20,000 vehicles per day, as reported by MDOT, ensuring high visibility and a steady flow of potential customers. This restaurant was completely rebuilt from the 4 walls, thoughtfully designed by an experienced chef and owner who also operates another successful restaurant in town. From its custom features to top-of-the-line amenities, every detail has been meticulously planned to create a seamless and efficient space that both staff and customers will love. One of the key features of this property is its flexibility; it was designed to allow the bar and restaurant to operate separately if desired, providing a lucrative opportunity to rent out half the space to another business. The sale includes all equipment, furnishings, and inventory. Recipes and menu are not included in the sale. Whether you want to continue building on the name and reputation of The Courtyards; Home of Second Line T-Boys and Tapas or bring your own concept to this turnkey space, the choice is yours. Speaking of space, this establishment is designed with functionality in mind. Your staff will appreciate the spacious layout behind the bar and in the kitchen, as well as the separate areas for dry storage, keg refrigeration, and a private office?making this a true restaurateur?s dream. The owner has poured their knowledge and expertise into creating a venue that?s as practical as it is inviting. This is more than just a restaurant; it?s a well-crafted opportunity to own a thriving piece of Marquette's vibrant dining scene. Don?t miss your chance?contact us today to learn more and schedule a private tour of this exceptional property!
Location
State MI
County Marquette
Area Marquette (52016)
Zoning Commercial
Exterior
Garage 11-20 Spaces, On Site, Parking Lot
Waterfront No
Building
Water Public Water
Others
Ownership LLC
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY