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For Sale

$275,000

309 E US2
Wakefield, MI 49968

Sqft 1,556 sqft
Successful restaurant or prime commercial multipurpose location now available! This property sits on over an Acre, with 6 total lots and commercial zoning near one of the busiest intersections in the UP. The building has most recently been utilized as a restaurant and was very successful. The 906 Cafe was a local favorite and would be well received if re-opened. There is ample parking and a very nice building which offers Two separate dining areas and a large kitchen. The kitchen features a commercial dishwasher, Two fryers, stainless prep tables, multiple refrigerators, and a large walk in freezer. There is a brand new Cake POS system, a drink station for specialty drinks, and plenty of storage. The property is right on the snowmobile trail and within close proximity to three major ski hills and the Porcupine Mountains. Come see this great opportunity for yourself! Read More

Market Status
Available
Last Updated
June 5, 2023

Property Type
Commercial Property
Architecture
Waterfront
Year Built
1960
Cable/Satellite TV
Cable Ready
Roof
Asphalt
Exterior Construction
Wood
Parking
0 spaces
Property Type
Commercial; Commercial/Industrial
Waterfront
-
Additional Features
Wired for High Tech

Local Market Conditions

There are currently 54 properties for sale in the Gogebic County, MI area with the average listing price of $607,219. This represents a decrease of -9.3% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -22.2% decrease. To learn more about the Gogebic County, MI area, contact a local expert!

Market Snapshot for Gogebic County, MI

Avg. Listing Price

$607,219

Wk ending May 27

$-62,587

-9.3%

w-o-w

54

2

1

Average Listing Price for Gogebic County, MI
No. BedroomsNo. Beds Week Ending
(May 27)
w-o-w Week Ending
(May 20)
Week Ending
(May 13)
Week Ending
(May 6)
All PropertiesAll $607,219 -9.3% $669,806 $677,439 $688,384
1 bedroom1 BR $92,000 +0.0% $92,000 $115,000 $115,000
2 bedrooms2 BR $194,782 -22.2% $250,350 $204,464 $200,920
3 bedrooms3 BR $260,795 -3.4% $269,895 $258,756 $259,928
4 bedrooms4 BR $371,400 +23.9% $299,845 $256,200 $256,200

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Listing Provided By:

PETER SEIFERT

FIRST WEBER, INC

Phone
This $275,000 Commercial Property at 309 E US2 in Wakefield, MI is presented by PETER SEIFERT. This $275,000 Commercial Property, located in the 49968 zip code, has the following property features: Exterior Construction, Property Type, Parking, Cable/Satellite TV. This 309 E US2 Commercial Property is listed under MLS listing number 50100475 and has a listing price of $275,000. You can find more Wakefield homes for sale here.

Copyright © 2023 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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