This Retail Property is no longer advertised on LoopNet.com.

110 Newberry Ave
Newberry, MI 49868
Retail Property For Sale

Investment Highlights

  • Heavy Summer tourist & ATV riders and Winter Snowmobile traffic

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,744 SF
Building Class
C
Year Built
1887
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.22 AC
Zoning
commercial
Parking
25 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
74’ on M-123

Amenities

  • Corner Lot
  • Restaurant
  • Air Conditioning

About 110 NEWBERRY AVE , NEWBERRY, MI 49868

Fantastic business opportunity!!! Timber Charlie's is a long established, highly reputable food establishment with a gift shop located in Newberry, Michigan. The atmosphere is cozy and rustic - echoing the beauty and charm of the Upper Peninsula of Michigan. During the summer and snowmobile season over 500 people a day enjoy great food and spirits. The business is run with state-of-the art kitchen equipment, new smoker and P.O.S. software. This is the exception to any non-franchised restaurant in the U.P. with strong financials. The bar features canning for 16 craft beers on tap. The restaurant serves breakfast, lunch and dinner and offers quality food including smoked meats and fresh fish. The gift shop yields additional income withopportunity for apartments upstairs if renovated. Or it could be the owner's living quarters. Not shown in the pictures is the owners office located off of the bar and restaurant area. There is an onsite water softener and filtration system that provides good water to the patrons. Plus an on demand water heater. The gift shop is large enough that a portion of it could be converted into a lounge with seating for patrons to order drinks while they wait. The owner is continually upgrading the building and fixtures. This location is a corner lot right along the snowmobile trail with room to build an outdoor patio! Class C Liquor license.

Property Taxes

Property Taxes

Parcel Number
041-100-020-0300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,100
  • Listing ID: 21290940

  • Date on Market: 10/21/2020

  • Last Updated:

  • Address: 110 Newberry Ave, Newberry, MI 49868

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