142 S Water St - Bar FOR SALE


Marine City, MI 48039
$1,550,000 USD
248-979-3705
142 S Water St, Marine City, MI for Sale
$1,550,000 USD
Bar - FOR SALE
1/7
null | Request Cap Rate

142 S Water St
Marine City, MI 48039


OVERVIEW

Iconic Gar’s Lounge in Marine City Hits the Market After Nearly Five Decades of Ownership Marine City, MI – A beloved institution since 1978, Gar’s Lounge, the iconic neighborhood bar known for its legendary half-pound burgers and welcoming atmosphere, is officially for sale. Listed at $1,550,000, this rare opportunity includes both the business and the real estate, offering over 7,000 square feet of buildings and the only dedicated parking lot in downtown Marine City. Owned and operated by the same family for nearly five decades, Gar’s Lounge has served as a local staple, drawing generations of regulars, weekend visitors, and tourists from across the region. Its central location, combined with a longstanding reputation for great food, strong drinks, and community connection, makes this a compelling investment for anyone looking to own a thriving business in one of Michigan’s most charming riverside towns. Highlights: Turnkey operation with loyal customer base 7,000+ sq ft of buildings, including bar, kitchen, storage, and event space Prime real estate with private parking – a downtown rarity Consistent revenue with upside for growth Located near the St. Clair River with strong seasonal traffic “This is more than a bar – it’s a piece of Marine City’s soul,” said listing agent Marin Klink of eXp Commercial. “Gar’s is a place where locals gather, where stories are shared, and where new owners can walk into a cash-flowing business with deep community roots.” Interested parties are encouraged to act quickly, as iconic properties like Gar’s Lounge rarely come to market. For more information or to schedule a private showing, contact: Marin Klink, eXp Commercial ?? 248-979-3705 ?? marinklink@gmail.com

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

02-475-0275-000

ASK ABOUT THIS PROPERTY

Marin KlinkeXp CommercialMore Info
248-979-3705

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Marin KlinkeXp CommercialMore Info
248-979-3705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.