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New Sports Bar with 4 bedroom House 1640 W US-2 4,780 SF Retail Building Crystal Falls, MI 49920 $70,350 CAD ($14.72 CAD/SF)
Investment Highlights
- The property includes a renovated restaurant, sports bar, banquet area, and separate residential dwelling on approximately 9.8 acres.
- Adjacent access to ATV and snowmobile trail networks supports year-round recreational visitation.
- The property includes outdoor gathering areas designed for seasonal events and entertainment activities.
- Location along US Highway 2 provides direct visibility and access within Crystal Falls, Michigan.
- Ownership reports substantial recent capital improvements to building systems, interiors, and food service infrastructure.
- A Class C liquor license with entertainment-related approvals is reported by ownership to be in escrow pending operation.
Executive Summary
This exceptional asset sale presents a fully equipped sports bar operation in Crystal Falls, MI, strategically positioned on recreational trails in Michigan's beautiful Northwoods region. Established in 1960, this property offers a rare combination of commercial and residential opportunities on 10 pristine acres.
Buy then property for $749,000, or rent the property, or partner with me.
I am willing to put in some money for the right opportunity.
All this store needs is start up cash, meaning, food, liquor, and payroll funds. So $50,000 max and off we go!
I did all the hard work already!
KEY ASSETS INCLUDED:
• Complete sports bar with extensive modern equipment and fixtures
• Class C liquor license (highly valuable and difficult to obtain)
• Brand new bar, decor, and glycol system with batch capabilities
• Dual ice makers for operational redundancy
• Comprehensive audio/visual system with multiple TVs
• Large outdoor entertainment patio with entertainment permit
• Fully furnished 4-bedroom residence with new roof
• Complete menu development and branding materials
• All smallwares, dishes, and operational essentials
PROPERTY FEATURES:
• Grandfathered zoning allowing residential use with commercial attributes
• Two separate addresses with independent well systems
• City water and natural gas connections
• Direct trail access for snowmobile and ATV enthusiasts
• Live-work opportunity with on-site residence
The current owner invested significantly in modernizing this facility, creating a turnkey operation designed for high-volume service. The property benefits from rare grandfathered zoning that combines residential living with commercial operation - a configuration increasingly difficult to obtain in today's regulatory environment.
Located in Iron County's recreational corridor, this asset sale provides immediate access to Michigan's extensive trail system, attracting year-round outdoor enthusiasts. The included residence eliminates housing costs while providing convenient property management.
This represents a unique opportunity to acquire a fully operational sports bar concept with established licensing, modern infrastructure, and prime Northwoods location. All major capital investments completed, requiring only operational activation.
Ideal for experienced hospitality operators seeking immediate market entry or investors looking for turnkey recreational hospitality assets in Michigan's popular Northwoods region.
Property Facts
Amenities
- Conferencing Facility
- Fireplace
- Restaurant
- Storage Space
- Monument Signage
- Air Conditioning
About 1640 W US-2 , CRYSTAL FALLS, MI 49920
This offering presents an opportunity to acquire a hospitality property consisting of a restaurant and sports bar operation together with a separate residential dwelling on approximately 9.8 acres in Crystal Falls, Michigan. Positioned along US Highway 2 in Michigan's Upper Peninsula and adjacent to regional ATV and snowmobile trail systems, the property benefits from year-round recreational traffic and access to outdoor tourism destinations throughout the region. According to ownership, the restaurant facility has undergone an extensive renovation program that included updates to electrical and mechanical systems, replacement furnaces, installation of air conditioning, new hot water heaters, interior remodeling, updated kitchen flooring, a redesigned bar area, and a full exterior repainting. Additional improvements include a large outdoor patio area designed for seasonal events and gatherings, upgraded security and camera systems, and substantial investments in food service equipment and beverage infrastructure. Ownership reports that many equipment components were purchased new and that the facility is positioned as a turnkey operation. The property also includes a four-bedroom residence with two bathrooms and a two-car garage. Ownership reports recent improvements including a new roof, replacement flooring, renovated bathrooms, updated fixtures, new doors, upgraded heating systems, and kitchen enhancements. Separate utility infrastructure includes natural gas service, city water, and septic systems. The combination of hospitality, residential, and outdoor recreation attributes creates multiple potential operational approaches, including owner-occupancy, hospitality operations, event hosting, and recreational tourism-oriented uses, subject to local regulations and approvals.
Space Availability
- Space
- Size
- Space Use
- Position
- Available
4,780 SF renovated restaurant, sports bar, banquet area available for lease. Class C liquor license with entertainment-related approvals is reported by ownership to be in escrow pending operation.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,780 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 4,780 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 4,780 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
4,780 SF renovated restaurant, sports bar, banquet area available for lease. Class C liquor license with entertainment-related approvals is reported by ownership to be in escrow pending operation.
Property Taxes
| Parcel Number | 002-276-008-00 | Improvements Assessment | $96,328 CAD |
| Land Assessment | $17,450 CAD | Total Assessment | $113,778 CAD |
Property Taxes
Presented by
LJS
New Sports Bar with 4 bedroom House | 1640 W US-2
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