Marenisco MI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
2,772
Status:
Active
MLS#:
50132021
Type:
Industrial
Lot size:
0.35 Acres
Year built:
2010
Courtesy: NORTHERN TRAILS REALTY 906-932-4110
View additional info

ADDITIONAL INFORMATION

TIME TO OWN YOUR OWN BUSINESS? This beautiful Marenisco Year-Round Restaurant/Laundromat is ready for the picking. Located in the Western Upper Peninsula right on Trail 2 and M-64, with endless possibilities! The laundromat is currently opened 24/7 and brings in a nice extra income, not to mention the restaurant that you can easily serve breakfast, lunch, and dinner! This building was built in 2010 and comes with 2 lots, which also could be turned into a snowmobile lodge with a large commercial kitchen with walk in coolers. The dining room currently can seat 50 and has very unique woodwork on the exterior and interior of the business. It comes with an extra 16 x 16 bonus room with a separate entrance to be used as office space or living quarters. Recently updated furnace and fire suppression system. Only 11 miles from beautiful Lake Gogebic and close to the Wisconsin border.

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
Active
MLS#:
50115999
Type:
Business Opportunities
Lot size:
0.54 Acres
Year built:
1975
Courtesy: BORSETH PROPERTIES 906-988-2329
View additional info

ADDITIONAL INFORMATION

Well established bar/restaurant known as Two Fat Guys Bar & Grill. This business is located on the main street of Marenisco, just blocks from the main snowmobile and ATV trail. The present owners have been doing business for the last 6 years, during this time they have built a very successful bar and eating establishment! The building has been well maintained and updated to date. At time of sale the business will include all commercial furnishings, equipment and signage. This could be the opportunity to own your own business and live in "God's Country". Call today for more information and/or to schedule a showing. (2022 Tax Info.: $79,360, SEV: $79,360, 2022 Total Taxes: $4,071)

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

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Marenisco Real Estate

Marenisco is located in Michigan. Marenisco, Michigan has a population of 179. Marenisco is less family-centric than the surrounding county with 1.56% of the households containing married families with children. The county average for households married with children is 18.36%.

The median household income in Marenisco, Michigan is $47,500. The median household income for the surrounding county is $36,689 compared to the national median of $57,652. The median age of people living in Marenisco is 64.7 years.

Marenisco Weather

The average high temperature in July is 76.7 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 34 inches per year, with 175.9 inches of snow per year.

Marenisco Map

Marenisco Real Estate Market Conditions

  • Median sales price

    $135,000
    8.83%
    change since last quarter
  • # Active listings

    23
    30-day change

Marenisco Schools and Demographics

Education near Marenisco, MI

City County
High School Graduates 90.07 92.32
College Degree - 2 year 6.62 10.16
College Degree - 4 year 7.29 18.38
Graduate Degree 1.33 4.78
Expenditures per Student 11,125 10,618
Students per Teacher 14.1 15.7

Elementary Schools near Marenisco, MI

Grades Students P/T Ratio ZIP
Washington School KG - 06 215 14.2 49911

High Schools near Marenisco, MI

Grades Students P/T Ratio ZIP
A.D. Johnston Junior/Senior High School 07 - 12 209 19.3 49911

Ungraded Schools near Marenisco, MI

Grades Students P/T Ratio ZIP
* Gogebic County Community Education 09 - 12 55 31.4 49911
EWEN-Trout Creek Consolidated School PK - 12 205 12.1 49925
Gogebic-Ontonagon ISD Special Education PK - 12 30 3.8 49910
Wakefield-Marenisco School PK - 12 288 15.2 49968

Demographics near Marenisco, MI

City County
Neighborhood Type Rural
Population 179 15,577
Population Density 52 14
Median Age 64.7 48.7
People per Household 2.1 2.1
Median Household Income 47,500 36,689
Average Income per Capita 21,059 22,297

Real estate near Marenisco