Pasquali's — Sale in Negaunee, MI

  • Price: $990K
  • Listing type: For sale
  • Asset type: Business
  • Location: Negaunee, MI 49866
  • Size: 5,295 SF
  • Year built: 1972

Investment Figures

Price per square foot
$187

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Iconic Negaunee Restaurant & Bar – A Local Staple Since the 1970's. Welcome to one of Negaunee's most beloved neighborhood hangouts, where great food, cold drinks, and lively entertainment have brought people together for over five decades. Known for serving up fresh, delicious dishes like mouthwatering pizzas, savory cudighis, and crowd-favorite chicken nachos, cheesy bites and pizza bites this establishment has earned its place as a community treasure. Ample Seating & Entertainment Spaces: With seating for up to 225 guests, the venue offers both a raised, lighted dance floor and an additional lower dance floor, perfect for hosting events of all kinds. The full bar boasts an impressive selection of assorted beers on tap, bottled beer, wine, and expertly crafted mixed drinks—just name your poison! Entertainment for Everyone: Guests can enjoy 4 pool tables, a dart machine and other games can be added as space is available, creating an inviting atmosphere for both casual visitors and regular patrons. The venue is also home to pool leagues, with three teams proudly representing the establishment. A Venue for Every Occasion: Over the years, this space has successfully hosted countless events, including wedding receptions, birthday and surprise parties, graduation celebrations, live local band performances, retirement gatherings, Christmas parties, and even comedy acts on Friday night, class reunions during Pioneer Days and other times. Fundraisers and benefit events have also been a staple, showcasing the establishment's deep connection to the community. Convenient Features: Drive-up takeout window for customers on the go. Ample on-site parking for large events. Clean, well-maintained, and efficiently operated. Fully functioning dance floor/DJ booth sound system which lights up. After 52 successful years of ownership, the founder is ready to retire, leaving behind a legacy and an incredible opportunity for new owners to carry the torch. With endless potential for growth

Market Context

This commercial property in Negaunee, MI is listed for sale at $990,000 across 5,295 SF. The building dates to 1972. It has been on the market for 74 days. Compare it against other commercial property listings for sale in Negaunee, MI — view the full market.

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