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Jenn Smart

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1117 Ludington , Escanaba, MI 49829
$530,000
Est. Payment: $2,761.90/mo
0 Bed
0 Bath
2164 Sqft
Status: active | Days on site: 220
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

This is an exceptional opportunity for both business ownership and rental income potential! This turnkey, full operational establishment is one of downtown Escanaba’s most active and well-loved bars, and sits along the city’s highest visibility commercial corridors. It offers a blent of modern renovation, has established customer loyalty, and prime placement within Escanaba’s developing downtown district. The building features over 2,000 square feet of thoughtfully updated space, including newer mechanicals and a functional front-to-back layout designed for smooth, efficient operations. The basement provides ample storage, and both restrooms have been fully renovated. The front area of the pub offers abundant seating and high-top tables, while the rear section provides plenty of space for groups, events, or additional entertainment. The pool tables are owned, while the dart boards, speaker system, and TouchTunes machines are leased. Upstairs, you’ll find an apartment space that has been largely gutted. However, the owner shave recently begun the very basic premnliiminary renovation work. This presents a significant value-add opportunity for a buyer to complete the space to their vision, whether as owner-occupied housing, rental income, short-term lodging, or additional storage/office space. Well-known among locals for its excellent cocktails and welcoming, energetic atmosphere, this pub has become a go-to spot for celebrations of all kinds. From holiday gatherings and sporting events to hunting season festivities and themed parties, it remains a reliable hotspot for both regulars and new visitors. Whether you’re looking to expand your hospitality portfolio or bring your bar & lounge concept to life, this is your chance to own a proven, turn-key business with added upside potential in the heart of Escanaba.

Highlights

Listed by ROB SULLIVAN , 906-236-5806 NORTHERN MICHIGAN LAND BROKERS , 906-225-5263. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.08

Year Built

1900

County

Delta

Area

Escanaba (21010)

Listing ID

50194649

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:2164
Water:Public Water

Exterior Features

Lot Dimensions:irregular
Zoning:Commercial
Sewer:Public Sanitary
Parking Features:11-20 Spaces
Principal Interest
$2,762
Taxes
$326

Home Price

$530,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$106,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,761.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,761.90 $325.91 $0.00 $3,087.82
Yearly $33,142.84 $3,910.97 $0.00 $37,053.81
Total $994,285.34 $117,329.10 $0.00 $1,111,614.44
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Escanaba, MI).

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Data last updated: 2026-09-02T01:10:54.300Z

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