512 E 7th Avenue $235,000

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    512 E 7th Avenue Norway, MI 49870

    • 3,500 sq. ft.
    • 0.17 Acres
    • Commercial
    • MLS# 50152044
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    Views: 9 Days On Site: 99

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    Property Details

    Well-established restaurant in the heart of Norway! Completely renovated in the last 10 years with original exposed tin ceiling. Beautifully restored dining room w/ seating capacity for 70, custom wood booths, waitress station, bar area. Beautifully maintained kitchen appliances with gorgeous hood, oven/range, prep station, dishwasher area, walk-in cooler, and freezers! Seller including just about everything! Turnkey ready to roll! Supplemental income w/2 rented units in the upper level. On site parking! Own a piece of history in downtown Norway today at an exceptional price!

    • General Features
      • Acreage 0.17
      • Area Municipality Norway (22011)
      • County Dickinson
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 3500
      • Waterfront Y/N No
      • Year Built 1935
    • Building Features
      • Cooling System Exhaust Fan, Wall/Window A/C
      • Exterior Construction Frame, Other, Wood
      • Heating System Hot Water, None
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING On Site
      • Lot Size 75x98
      • Roads City/County
      • Sewer Septic Public Sanitary

    Neighborhood

    49870 (Norway) Demographics

    46 Median Age
    61 Population Density (per sq. mile)
    37% College Educated
    $52,717 Estimated Median Income
    1,284 Estimated Total Home Owners
    334 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,379 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $182,000 Median Sales Price
    3 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $235,000
        11/21/2024 12:06:26 PM Price Reduced Source: Multiple Listing Service New Value: $235,000 -4.08%
        8/22/2024 1:36:46 PM Status Changed Source: Multiple Listing Service New Value: Active
        8/16/2024 4:53:26 PM Status Changed Source: Multiple Listing Service New Value: Accepting Backup Offers
        8/14/2024 1:23:00 PM New in Database Source: Multiple Listing Service New Value: $245,000

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        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.