1110 Champion Street $1,850,000

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    1110 Champion Street Marquette, MI 49855

    • 4,280 sq. ft.
    • 0.32 Acres
    • Commercial
    • MLS# 50158471
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    Views: 166 Days On Site: 72

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    Property Details

    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!

    • General Features
      • Acreage 0.32
      • Area Municipality Marquette (52016)
      • County Marquette
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Total SqFt Finished 4280
      • Waterfront Y/N No
      • Year Built 1965
      • ZONING Commercial
    • Building Features
      • Exterior Features Deck/Patio
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 11-20 Spaces,On Site,Parking Lot
      • Lot Size 120x115
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,850,000
    11/6/2024 11:36:21 AM Price Reduced Source: Multiple Listing Service New Value: $1,850,000 -26%
    10/16/2024 2:38:00 PM New in Database Source: Multiple Listing Service New Value: $2,500,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.