10468 S Main Street Rapid River, MI $ 299,900
10468 S Main Street
$ 299,900
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10468 S Main Street

Rapid River, MI, 49878
$ 299,900
Bedrooms-- Baths-- Sq 3,938

Monthly Estimate*

$ 1,847

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Commercial Property for sale in Rapid River, MI

for $299,900. This 3,938 square foot building was built in 1890 on a lot size of 0.26.

The iconic Swallow Inn, situated in the Heart of Rapid River, is now available to be your new business endeavor! This building originally started out as a boarding house and has been a running business for over 100 years. You've likely seen the Swallow Inn featured as "Best Fish Fry in the U.P.", named by public vote & the Daily Press! Or maybe you've seen it in clips of the movie "Escanaba in da Moonlight", or perhaps on Yooper Paranormal! How about their record selling Keno ticket winner that was close to $500,000? Or perhaps you've just heard about their one-of-a-kind salad bar, and down-right good food! Either way, iconic only begins to describe this historic building. With a full bar, dining area, kitchen, & public bathrooms, this could be an almost turn-key business operation. Stock will be included along with tables, stools, chairs, etc (with the exception of liquor), and the current owner is happy to help with the transition to the new owner. Currently has a Class C Liquor license & Michigan Lottery Retailer license. There are apartments upstairs that could be remodeled for on-site living or additional income opportunity. Land Contract available to qualified buyers. Come see the Swallow Inn - To Old Friends & New Ones!

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Commercial Active

Price

$ 299,900

Property Type

Commercial

Taxes

$ 2,482

Style

Business

Lot Size

0.26

Year Built

1890

Town/City

Rapid River

County/Region

Delta

MLS | Web ID

50205060

Features
General
Heating Boiler
Cooling None
Roof Asphalt
Zoning Mixed Mixed Use Commercial
Water Private Well
Status Active Active
Year Built 1890
Parking 11-20 Spaces
Subdivision Coles plat of rapid river MI
Water Heater Electric
County Delta
Township Masonville Township
Class COM/IND/BUS OPP
Type Business
Business Type Restaurant / Bar
Business Name Swallow Inn
Ownership Private
Municipality Masonville Twp
Section 29
Sale/Rent For Sale
Status Detail 0
Flood Insurance Not Required
Commercial Features Living Quarters Outbuilding(s) Public Restrooms
Area Masonville Twp (21017)
Primary City Rapid River
Location Corner Lot Main Street
Directions In rapid river on Main street
City Rapid River
Financial Terms Cash Commercial Loan Land Contract
Legal Description MV-A29 477-554&482-180 417 974&483-240 776&492-530&731-829&881-311 SEC 29 T41N R21W. LOTS 1 2 & 3 BLK 3 H W COLES PLAT OF RAPID RIVER. (900-043-00)
DOM 0
Postal Code 49878
Price Per Sq Ft Total AG 76.16
Public Remarks The iconic Swallow Inn situated in the Heart of Rapid River
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Exterior
Exterior Log Wood
Frontage 84
Body of Water None
Flood Plan None
Lot Size Area 0.26
Lot Dimensions 84x137
Well/Septic Inspection Done No
Water Features None
Roads City/County Year Round
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
SARA ANDERSON

Listing Agent

Grover Real Estate

Broker

Andersonsara362@gmail.com

Email

Affordability Calculator

$2,053
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$299,900 Listed Price

Map


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10468 S Main Street, Rapid River, MI, 49878 is a Commercial Property for sale at $299,900 with 3,938 sqft and a lot size of 0.26. 10468 S Main Street was built in 1890. The property's zip code is 49878 which is in Rapid River, MI