Beaver Island MI Commercial for Sale
$2,400,000
Address not provided Beaver Island, MI 49782
ADDITIONAL INFORMATION
The Shamrock Bar and Restaurant on beautiful Beaver Island was established nearly 100 years ago. Saying that it is a Beaver Island Staple is an understatement. Equally, the locals' favorite, The Beachcomber Bar, is included in this offering, which boasts a 4 bedroom apartment that can be utilized as two separate two bedroom units. These successful businesses have been family-operated for two generations. The Shamrock is one of the only year-round restaurants open on the island. The Beachcomber once operated as a restaurant as well as a bar. The next owner can continue to operate as-is or with a full or limited kitchen. These businesses have been profitable for decades, & no changes need to be made to continue that success, but there are opportunities to make it your own.
Beaver Island Real Estate
The median home value in Beaver Island, MI is $257,500. This is lower than the county median home value of $289,500. The national median home value is $338,100. The average price of homes sold in Beaver Island, MI is $257,500. Approximately 27.87% of Beaver Island homes are owned, compared to 2.41% rented, while 69.72% are vacant. Beaver Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Beaver Island real estate agent to arrange a tour today!
Beaver Island, Michigan has a population of 594. Beaver Island is less family-centric than the surrounding county with 9.36% of the households containing married families with children. The county average for households married with children is 23.74%.
The median household income in Beaver Island, Michigan is $67,188. The median household income for the surrounding county is $63,508 compared to the national median of $69,021. The median age of people living in Beaver Island is 63.5 years.
Beaver Island Weather
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 31.3 inches per year, with 104.1 inches of snow per year.