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321 FAIR AVENUE, MARENISCO, MI 49947
Sec 16 T46N R43W Map No. P46-1 & 2 12, Lot 1 & 2 Blk 12 of C S Curtis Addition to Village of Marenisco Sub of Blks A & B. 308/795 347/979 363/504 442/660 452/214 513/971

$198,500
MLS# 50132021

 

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PROPERTY DESCRIPTION

TIME TO OWN YOUR OWN BUSINESS? This beautiful Marenisco Year-Round Restaurant/Laundromat is ready for the picking. Located in the Western Upper Peninsula right on Trail 2 and M-64, with endless possibilities! The laundromat is currently opened 24/7 and brings in a nice extra income, not to mention the restaurant that you can easily serve breakfast, lunch, and dinner! This building was built in 2010 and comes with 2 lots, which also could be turned into a snowmobile lodge with a large commercial kitchen with walk in coolers. The dining room currently can seat 50 and has very unique woodwork on the exterior and interior of the business. It comes with an extra 16 x 16 bonus room with a separate entrance to be used as office space or living quarters. Recently updated furnace and fire suppression system. Only 11 miles from beautiful Lake Gogebic and close to the Wisconsin border.

 
LOCATION
321 FAIR AVENUE
Marenisco, MI 49947

Price: $198,500

County: Gogebic

Tax ID #: 2704-45-600-200

School District:

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Class A,Paved Street,Year Round

Directions: 2704-45-600-100

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DETAILS
Business Type Restaurant/Laundromat/Bar
Total Buildings
Total Building Square Feet 2772.00
Lot Dimensions 60x130, 60x122
Year Built (Approx.) 2010
Status: Active

2023 Taxes 2704-45-600-200 - Summer $2,286.93, Winter $977.05 2704-45-600-100 - Summer $24.89, Winter $10.60

 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Construction: Wood

Exterior:

Fireplace:

 

Garage:

Outbuildings:

   

Other Features:
220 Volt Power,Cable Internet Installed,Cable TV Available,Cafe/Kitchen,Fixtures,Restroom(s)

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

Heat: Natural Gas: Forced Air

 

Air Conditioning: Ceiling Fan(s),Central A/C

 
 
 
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Interest Rate: %
Repayment Period: YEARS
   
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Listing Office:
Northern Trails Realty

Listing Agent:
Gullan, Karen

 
 

Office: 906-988-2329 | Toll Free: 1-877-768-9846 | Fax: 906-988-2320

 

 
 
 

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