8874 Dixie HwyIra, MI 48023

For Sale
$675,000

Restaurant/Bar with Apartments & Canal Views

Overview

Added:
Feb 3
Days on market:
41
This exceptional Ira, MI property offers a unique investment opportunity. The 5,974 square foot building features a fully renovated restaurant/bar with a 100-person capacity and existing liquor licenses. Three apartments are included, one currently generating $1,500 monthly rental income. Situated on a 1.04-acre lot with Swan Creek canal frontage and across from Lake St. Clair, this location benefits from high visibility on Dixie Highway, a major thoroughfare for boaters and residents of nearby Clay Township, Algonac, and Harsens Island. While the restaurant/bar is currently not operating, its potential is significant, given the prime location and existing infrastructure. The property also includes a basement and ample paved parking. The fully paved lot offers room for expansion. Flexible zoning allows for diverse uses, including a gas station, liquor store, retail space, office/medical facility, restaurant, or storage facility, catering to the area's boating and recreational activities. This versatile property presents a premium investment opportunity with substantial upside potential.

Property Details for 8874 Dixie Hwy

Property type
Industrial properties, Other industrial properties
Square Feet
5,974 SF
Year Built
1919
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Ira
County
St. Clair
State
Michigan
Latitude
42.68096
Longitude
-82.65915
8874 Dixie Hwy, Ira, Michigan

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8874 Dixie Hwy
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