39959 M26

Toivola, MI
MLS # 1112849

$299,000

Active

Listed by Re/Max Douglass R.e.-H

Description

Iconic Upper Peninsula business for sale. The Mosquito Inn has been open and in continuous use since 1955. Located right on the Bill Nichols trail and in the heart of the U.P.'s premiere outdoor recreational region. Miles of snowmobile/ATV trails are accessible from the parking lot and provide heavy tourism traffic. The Mosquito Inn is a destination for thousands of snowmobilers every year. This north woods locale is close to Misery Bay, Agate Beach and miles of Lake Superior shoreline. Trophy hunting and fishing, Wyandotte Hills Golf Club & Resort, and Twin Lakes State Park are close by. The current owners have continuously updated and renovated throughout their ownership. Updates include: new make-up air system in kitchen 2019 (provides fresh, heated air in kitchen), new oven ($3300) in 2019, new upright freezer ($600) in 2019, newer A/C-Heat wall unit, 1 new & 1 used deli tables 2018, newer Salamander Cheese Melter, 2 newer fryers, new floor 2012, complete kitchen renovation including all new equipment (accept the reach-in fridge) 2012, bar renovation, newer windows, all walls stripped and restained, roof 2006, updated electrical work, well pump 2006, drain field 2004. Restaurant seats 95. Plenty of parking. Class C liquor license included. This is a movable license and allows for Sunday sales and beer & wine package sales. Sale to include all contents except for a few personal items. Tables, chairs, most neon lights, 4 TVs, all kitchen equipment, ATM machine, shuffle board, antlers, outdoor signage, updated security system with cameras and door alarms, satellite and components, and more included. The pool table, dart board, juke box, and Dr. Pepper cooler are not included in the sale as they are contracted. Liquor, beer, and wine inventory; apparel/souvenirs; and any rolling stock sold separately. Sellers will include their recipes and sign a non-compete clause. Sellers have rebuilt this business into a popular destination and thriving business. Just 15 minutes from Houghton, this is a gateway to the Keweenaw. Check out their Facebook page: www.facebook.com/The-Mosquito-Inn.

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Property Details

Features Commercial

Type: Business Incl. Building Year Built: 1955
Waterfront: N Est Water Front Ft: 0.0
Total Bldg Sq Ft: 2,800 Body of Water
Municipality: Adams T Area: Adams T
Acreage: 1.0

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Listing History

Date Event Change
Jun 4 2020 9:51AM Price Change $299,000

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