305 Iron Street

Turnkey Restaurant/Bar with Rental Income – Prime Downtown Negaunee Location Opportunity knocks in the heart of Negaunee’s revitalized downtown! Jackson’s Pit, a well-established and locally loved restaurant and bar on Iron Street, is now available. This fully operational business comes with a Class C liquor license, Sunday Sales, and an additional bar license for outdoor events – perfect for maximizing revenue during festivals, social district events, and summer gatherings. Situated in the City of Negaunee’s Social District, the property benefits from increased visibility and foot traffic as the area continues to grow and attract both residents and visitors. The second floor features five residential rental units, offering immediate passive income with room to increase rents for added value. Live your dream of being your own boss while enjoying an additional revenue stream from the apartments above. Whether you're an entrepreneur looking to own your first restaurant or an investor seeking a mixed-use property in a growing area, Jackson’s Pit delivers on both business and real estate potential. Don't miss this rare chance to own a piece of Iron Street in a community on the rise.