Check out this well established Upper Peninsula neighborhood bar in downtown Caspian. Built in 1917 as an Ice Cream Parlor and turned into a tavern after prohibition. Live upstairs in the spacious 2 bedroom 960 square foot apartment or rent it out for extra income. This property has a neat and clean interior with a well organized kitchen ready for a new owner to take over. Newer fryer, only 4 years old, new was $10K. Liquor license is included. All buildings have metal roofing. Interior has an inviting atmosphere with newer flooring and a U.P. vibe. His & hers restrooms along with a back room for beverage storage. This area also has a walk-in cooler. Main building 24x40 with 960 sf in the bar area and another 960 in the upstairs apartment. kitchen plus backroom storage area add another ~578 sf. There is a partial basement, 10 x 13, which is rock & mortar and poured concrete with a natural Gas forced air furnace, 15 yrs and electric water heater, 4 yrs. Tables, chairs, stools, appliances, walk-in cooler and pool table are all included. Dart machine and jukebox are rented. Older garage at alley for storage. There are some new windows and extra vinyl siding for the building that will stay.
Long established profitable Auto Salvage & Recycling facility in the Upper Peninsula of Michigan. They have proudly been serving Iron County and the surrounding communities of Upper Peninsula and Northern Wisconsin. Turn key operation, in business since 2007, sits on 16.96 acres that includes everything on site and current inventory along with salvage yard, loading dock, scale and buildings. List of equipment attached to listing sheet in associated docs.
Caspian is located in Michigan. Caspian, Michigan has a population of 511. Caspian is less family-centric than the surrounding county with 4.21% of the households containing married families with children. The county average for households married with children is 17.56%.
The median household income in Caspian, Michigan is $23,558. The median household income for the surrounding county is $36,773 compared to the national median of $57,652. The median age of people living in Caspian is 55.8 years.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of -1.2 degrees. The average rainfall is approximately 30.3 inches per year, with 68.7 inches of snow per year.
