1007 Spring Street Active

Petoskey,MI 49770

$ 2000000

- Bed

- Bath

6200 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $322

Subdivision Mi

MLS Listing ID 70429224

Year Built 1982

Annual Tax Amount $17,364

Tax Year 2024

Lot Size 1.210 Acres

Acres 1.21

Lot Dimensions irreg

Property Description

Welcome to the Southwoods pub and Grill, the premier ''GO-TO'' dining destination located in the heart of Petoskey, an upscale four-season tourist hotspot in Northern Michigan. Nestled in a competitive location fronting Spring Street (US-131 Highway), this property offers unparalleled visibility and accessibility, making it a cornerstone of the local dining scene for over 18 years. Conveniently close to local hotels, the casino, the hospital, and downtown Petoskey. Spanning 6,200 sq. ft. on a 1.2-acre lot, the interior floor plan is thoughtfully designed to accommodate a seating capacity of 140. The property includes two east-facing dining rooms, a cozy lounge area with booths, and a beautifully crafted full-service bar, perfect for hosting both locals and tourists alike.

Location

State MI

County Emmet

Area Update

Interior

Heating Forced Air

Exterior

Garage 21+ Spaces

Waterfront No

Roof Type Composite

Building

Foundation Basement

Water Public Water

Structure Type Brick,Frame,Vinyl Siding,Wood

Others

Ownership Partnership

Energy Description Natural Gas

Financing Cash,Conventional

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