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9289 Walta Street, Kaleva Village, MI 49645

Manistee County

Key Facts

2Baths
5,159Sq Ft
1950Year Built
1.15Lot (acres)

Description

TURN-KEY KALEVA BAR & RESTAURANT WITH CLASS C LIQUOR LICENSE INCLUDEDThis is a rare opportunity to own a fully established, year-round restaurant/bar located on one of the busiest snowmobile tracks in Manistee County. Perfectly positioned for high visibility and high traffic, this turn-key business is ready for immediate operationWHAT'S INCLUDED: Full Class C Liquor License, Dance License, Sunday sales, outdoor, beer/wine carry out sales Full kitchen all fixtures/equipment: Walk-in cooler, pizza oven, flat-top grill, ovens, 6 taps, ice maker, + All seating 3 pool tables Two separate parcels: Main building plus a dedicated across-the-street parking Spacious outside courtyard perfect for outdoor dining and summer events.LOCATION/LAYOUT:Supplies pizza to nearby Northern Michigan Dragway events, boosting sales and traffic. Weekly pool and Euchre nights. The facility features handicap accessibility and restrooms. Seller can help train new owner. The ultimate package deal!ADDITIONAL UPDATES & FEATURES: " Roof replaced in the last two years " Newly installed feature wall with stylish wood look planks " Fresh bar top tables for enhanced customer experience " Addition of a third pool table to increase entertainment value " Comprehensive kitchen upgrades including walk-in cooler, pizza oven, flat-top grill, ovens, 5 taps, and ice maker Showings before or after operational hours Mon-Sat: 11-10pm Sun: Noon-9pm

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1950

Living Area

5,159 sq ft

Lot Size

1.15 acres

Lot Dimensions

150X130 x315x120

Parking Spaces

30

Ownership

LLC

Days on Market

1

MLS® Listing#

67026032710

Property Features

Cooling

Central Air

Heating

Forced AirNatural Gas

Basement

PartialStorage Space

Parking

Gravel

Construction

BrickFrameWood Siding

Foundation

Block

Roof

Composition

Security

Smoke Detector(s)Fire AlarmFire Sprinkler System

Utilities

Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailablePhone Connected

Sewer

Septic Tank

Water Source

Public

Financial Details

Annual Taxes

$5,668

Tax year 2024

Assessed Value

$96,192

Parcel Number

3840170703

Directions

US 31 to 9 Mile, East on 9 Mile to Village of Kaleva, Left on Walta St

Affordability Calculator

$119,800

Estimated monthly payment

$3,188/mo

Principal $479,200 · Est. interest $668,527 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Kaleva Village, MI

$326,692
Median Listing Price
51
Median Days on Market
1,826
Median Sq Ft
$178
Median Price / Sq Ft
649
Active Listings
  • This home’s price is 83% above the area median.
  • Its price per sq ft is 35% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Kaleva Village, MI.

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Michigan Regional Information Center logo

Listing Courtesy: Dwelling Realty - KW Northern Michigan - 2318874455

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Data provided by MasonOceanaManisteeBoardofREALTORS. MLS® Listing#67026032710. © 2026EXIT Realty®. All rights reserved.