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Jenn Smart

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10468 S Main , Rapid River, MI 49878
$299,900
Est. Payment: $1,562.82/mo
0 Bed
0 Bath
3938 Sqft
Status: active | Days on site: 132
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

The iconic Swallow Inn, situated in the Heart of Rapid River, is now available to be your new business endeavor! This building originally started out as a boarding house and has been a running business for over 100 years. You've likely seen the Swallow Inn featured as "Best Fish Fry in the U.P.", named by public vote & the Daily Press! Or maybe you've seen it in clips of the movie "Escanaba in da Moonlight", or perhaps on Yooper Paranormal! How about their record selling Keno ticket winner that was close to $500,000? Or perhaps you've just heard about their one-of-a-kind salad bar, and down-right good food! Either way, iconic only begins to describe this historic building. With a full bar, dining area, kitchen, & public bathrooms, this could be an almost turn-key business operation. Stock will be included along with tables, stools, chairs, etc (with the exception of liquor), and the current owner is happy to help with the transition to the new owner. Currently has a Class C Liquor license & Michigan Lottery Retailer license. There are apartments upstairs that could be remodeled for on-site living or additional income opportunity. Land Contract available to qualified buyers. Come see the Swallow Inn - To Old Friends & New Ones!

Highlights

Listed by SARA ANDERSON , 906-280-5544 and CORRINA JOHNSON , 906-286-2978 GROVER REAL ESTATE , 906-341-2131. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
0.26

Year Built

1890

County

Delta

Area

Masonville Twp (21017)

Neighborhood

Coles plat of rapid river

Listing ID

50205060

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:3938
Water:Private Well

Exterior Features

Lot Dimensions:84x137
Zoning:Mixed Use,Commercial
Roof:Asphalt
Sewer:Public Sanitary
Parking Features:11-20 Spaces
Principal Interest
$1,563
Taxes
$207

Home Price

$299,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$59,980
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:
$1,562.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,562.82 $206.92 $0.00 $1,769.74
Yearly $18,753.85 $2,482.99 $0.00 $21,236.84
Total $562,615.42 $74,489.70 $0.00 $637,105.12
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 (Rapid River, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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

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