REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 299,900
Est. payment /mo
Active
10468 S Main Street Rapid River, MI 49878
3,938 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,938 sqft
Price per Sqft $76
Subdivision Mi
MLS Listing ID 50205060
Year Built 1890
Annual Tax Amount $2,482
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 84x137
Property Sub-Type Business
Property 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!
Location
State MI
County Delta
Area Masonville Twp (21017)
Zoning Mixed Use,Commercial
Interior
Heating Boiler
Cooling None
Exterior
Parking Features 11-20 Spaces
Roof Type Asphalt
Building
Foundation Crawl
Water Private Well
Structure Type Log,Wood
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GROVER REAL ESTATE