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1007 Spring Street, Petoskey, MI 49770
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$2,000,000
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Home Details for 1007 Spring Street
Price
$2,000,000
Type
Commercial/Industrial
Total Bathrooms
4
Full Bathrooms
4
Year Build
1982
Sq. Ft.
6200
Lot Size
1.21
County
Emmet
Tax
$17,364
MLS®️ Listing#
24046771
On exitrealty.com
343 days
Property Description
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.
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- Utilities
- Natural Gas Available
- Phone Available
- Electricity Available
- Cable Available
- Phone Connected
- Natural Gas Connected
- Electricity Connected
- Heating Information
- Natural Gas
- Forced Air
- Cooling Information
- Central Air
- Water Features
- Public
- Parking
- Asphalt
Listing Courtesy: Century 21 White House Realty - 231-972-7676. Presented by: Tom Garner

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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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