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Listed by REMAX Bayshore - West Shore Dr TC
$ 879,000
Est. payment | /mo
3,456 SqFt
$ 879,000
Est. payment | /mo
3,456 SqFt
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $254
MLS Listing ID 1948851
Year Built 2005
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Hospitality
Property Description
Opportunity is knocking in Northern Michigan. This well-established commercial property in Rapid City offers a turnkey business with strong visibility, ample parking, and exceptional flexibility for its next owner. Currently operating as an adult entertainment venue, the property includes a liquor license with the sale, creating immediate value and a wide range of possibilities. Continue the existing operation, elevate to a food and beverage program, or reimagine the space as a restaurant, neighborhood tavern, live entertainment venue, private event space, or another hospitality concept (subject to applicable approvals). The functional layout is well suited for gatherings, entertainment, and dining, making it easy to adapt to your vision. It also features a full basement for additional storage. Positioned just minutes from Torch Lake, Torch River, and year-round recreational destinations, this high-traffic location benefits from both local patrons and seasonal visitors. Whether you're looking for an established business or a property with room to evolve, this is a unique opportunity to invest in one of Northern Michigan's most popular recreational corridors.
Location
State MI
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Private
Roof Type Asphalt
Garage false
Building
Foundation Poured Concrete
Sewer Private Sewer
Water Private
Others
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Stacy Allman
Broker/Owner Lic# 6502433438