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Courtyards Bar and Restaurant 1110 Champion St

4,280 SF Retail Building Marquette, MI 49855 $1,850,000 ($432/SF)

Executive Summary

The Courtyards Bar and Restaurant is a beloved establishment in South Marquette, perfectly positioned in the largest city of Michigan’s Upper Peninsula. Marquette boasts a population of over 20,000 residents, with a much larger population in the surrounding areas. It’s also home to Northern Michigan University, which brings thousands of students, faculty, and visitors to town every year. This population drives a consistent demand for excellent dining experiences. South Marquette is an up-and-coming area with growing potential. A stoplight and pedestrian crosswalk make it easy for condo residents and hotel guests from across the street to visit the only restaurant in this neighborhood. With visibility from US 41, the location benefits from exposure to over 20,000 vehicles per day, as reported by MDOT, ensuring high visibility and a steady flow of potential customers. This restaurant was completely rebuilt from the 4 walls, thoughtfully designed by an experienced chef and owner who also operates another successful restaurant in town. From its custom features to top-of-the-line amenities, every detail has been meticulously planned to create a seamless and efficient space that both staff and customers will love. One of the key features of this property is its flexibility; it was designed to allow the bar and restaurant to operate separately if desired, providing a lucrative opportunity to rent out half the space to another business. The sale includes all equipment, furnishings, and inventory. Recipes and menus are not included in the sale. Whether you want to continue building on the name and reputation of The Courtyards; Home of Second Line T-Boys and Tapas or bring your own concept to this turnkey space, the choice is yours. Speaking of space, this establishment is designed with functionality in mind. Your staff will appreciate the spacious layout behind the bar and in the kitchen, as well as the separate areas for dry storage, keg refrigeration, and a private office—making this a true restaurateur’s dream. The owner has poured their knowledge and expertise into creating a venue that’s as practical as it is inviting. This is more than just a restaurant; it’s a well-crafted opportunity to own a thriving piece of Marquette's vibrant dining scene. Don’t miss your chance—contact us today to learn more and schedule a private tour of this exceptional property!

Attachments

1729531517-min

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,280 SF
Building Class
B
Year Built
1965
Price
$1,850,000
Price Per SF
$432
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Land Acres
0.32 AC
Zoning
Commercial - Commercial Zoned District
Parking
20 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
129 FT on Champion Street

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Accent Lighting
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-52-000-503-20
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$352,300
  • Listing ID: 33585680

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 1110 Champion St, Marquette, MI 49855

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