1007 Spring Street, Petoskey city, Michigan

$2,000,000

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4

Baths

1.21

Acres

About 1007 Spring Street

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.

Features of 1007 Spring Street

MLS® # 72024046771
Price $2,000,000
Bathrooms 4.00
Acres 1.21
Year Built 1982
Type Commercial
Status Active

Community Information

Address 1007 Spring Street
Area 24152 - Petosky
City Petoskey city
County Emmet
State Michigan
Zip Code 49770

Amenities

Utilities Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected
Parking Asphalt
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Construction Brick, Wood Siding, Frame, Vinyl Siding
Foundation Basement, Brick/Mortar

School Information

District Petoskey

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 White House Realty
Contact Infotgarner.c21@gmail.com

Listing Map

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