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208 S Sophie St, Bessemer, MI, 49911

3beds
3baths
3,966sqft
$149,900
$38price/sqft
$1,462/moest. monthly cost
$58,480/yrincome needed

About This Home

Commercial building with living quarters above!! The Downtown Bessemer, MI opportunity is located right on the main st! Currently running as the "Spinning Spur Saloon" this building is located in a desired location and ready to be used however you desire! The main level has a bar that is over 20' long with a back bar with coolers and an ice machine. There is extra seating at the high top and low top tables. Upstairs is a fully functioning 3 bedroom living quarters area. There is a front entrance to the upstairs and another entrance thru the lower level. The bright and cheery living room faces the main street. There is also a formal dining area, kitchen, full bath with a stacked washer & dryer and 3 bedrooms all with closets. Almost everything upstairs except a few personal items will be included!! There are parking spaces behind the building too. This has been nicely updated and is ready to be reinvented....or open it as another bar. Conveniently located close to the Iron Belle trail, snowmobile/ATV trails and right on the main street of Bessemer, MI...home of the huge 4th of July Festival.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

4/10
Washington SchoolGrades K-60.2 mi
6/10

Construction

Condition

  • Year built: 1914

Materials

  • Foundation: Stone
  • Construction materials: Wood Siding,Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range/Oven,Refrigerator,Washer,Electric Water Heater
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Stone,Michigan Basement

Bathroom1

  • Level: Upper
  • Area: 100

Bedroom1

  • Level: Upper
  • Area: 169

Bedroom2

  • Level: Upper
  • Area: 120

Bedroom3

  • Level: Upper
  • Area: 108

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Dining Room

  • Level: Upper
  • Area: 182

Features

  • High Ceilings,Bar
  • Window features: Window Treatments
  • Finished area below ground: 0
  • Finished area above ground: 3,966

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,271
  • Total interior livable area: 3,966 sqft

Kitchen

  • Level: Upper
  • Area: 140

Living Room

  • Level: Upper
  • Area: 255

Property

Details

  • Parcel number: 275100101100
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Sidewalks,Street Lights
  • Waterfront features: None
  • Frontage type: Road
  • Frontage length: 29

Lot

  • Lot size: 3,049 sqft
  • Features: Main Street,Sidewalks,City Lot
  • Lot size dimensions: 29 x 110

Parking

  • Total spaces: 2
  • Parking features: 2 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Gogebic County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $757$9,084
Home Insurance *$121$1,452
Property Taxes $152$1,824
Electricity $432$5,191
Total$1,462$17,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,125/yr
40% on housing$43,860/yr
45% on housing$38,986/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$38This listing

vs Other Active Listings

Avg $/sqft

ZIP 49911$99
Gogebic County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 49911
Gogebic County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$149,900

For Sale by Agent

AgentNANCY ZAK
BrokerageZAK'S REALTY

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