1007 Spring Street, Petoskey, MI 49770

bathrooms 4
|Other
INR ₹168,943,300
USD $2,000,000
Published on: 06 Sep 2024
Last updated on: 09 Nov 2024
1007 Spring Street, Petoskey, MI 49770
1007 Spring Street, Petoskey, MI 49770
1007 Spring Street, Petoskey, MI 49770
+6
1007 Spring Street, Petoskey, MI 49770
  • 6
Property ID: 110094372784
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Key property information

Land Size
52,707.65 sq ft

Business - Petoskey, MI

1007 Spring Street, Petoskey, MI 49770
Welcome to the Southwoods pub and Grill, the premier ''GO-TO'' dining destination located in the heart of Petoskey, an upscale four-season tourist hotspot in Northern Michigan. Nestled in a competitive location fronting Spring Street (US-131 Highway), this property offers unparalleled visibility and accessibility, making it a cornerstone of the local dining scene for over 18 years. Conveniently close to local hotels, the casino, the hospital, and downtown Petoskey. Spanning 6,200 sq. ft. on a 1.2-acre lot, the interior floor plan is thoughtfully designed to accommodate a seating capacity of 140. The property includes two east-facing dining rooms, a cozy lounge area with booths, and a beautifully crafted full-service bar, perfect for hosting both locals and tourists alike. Adequate onsite parking ensures convenience for your patrons, while the well-designed layout offers room for future expansion, should you choose to grow this thriving business. With 45 well-trained, long-term employees, the restaurant delivers a consistent, high-quality dining experience that keeps customers coming back year after year. Whether you're looking to continue the legacy of Southwoods Family Restaurant or explore new business opportunities, this property offers a rare chance to own a successful, established business in a thriving tourist community. The combination of prime location, recent renovations, and strong local and tourist following makes this a standout investment opportunity in Northern Michigan. Seize the opportunity to own a piece of Petoskey's vibrant dining scene and capitalize on the growing demand for high-quality dining experiences in this picturesque and prosperous region.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
52,707.65 sq ft
Building Size
6,200.00 sq ft
Year Built
1982
Rooms
4 bathroom(s)
Architecture Style
Other
Building Unit Count
1
Franchise
Century 21 Real Estate
County
Emmet
Parcel ID
52-19-06-300-086
Provider
Waterfront Realty Inc dba Century 21 White House Realty
Brokerage Office Name
Waterfront Realty Inc dba Century 21 White House Realty
Brokerage Office Phone
(231) 972-7676
Neighbourhoods
West Central - W
Address
1007 Spring Street, Petoskey, MI 49770

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availablePetoskey
HighNot availablePetoskey
JuniorhighNot availablePetoskey
MiddleNot availablePetoskey

Tax History

YearTax amount
2024USD $17364INR ₹1,466,766*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither makaan.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. makaan.com recommends that you independently verify any information before relying on it.

Contact Agent
Tom Garner
10060 Buchanan Road, Canadian Lakes, MI 49346
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10060 Buchanan Road, Canadian Lakes, MI 49346
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      Property ID: 110094372784

      Data provided by Waterfront Realty Inc dba Century 21 White House Realty, MLS #: 24046771
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