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    700 Chippewa Sq Marquette, MI 49855

    For Sale
    $1,000,000

    Turnkey Liquor Store, High Traffic Location

    Property size:
    4,008 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional turnkey business opportunity presents a well-established liquor store located at 700 Chippewa in Marquette, MI. Boasting 4,008 square feet on a 0.33-acre lot, this property enjoys a highly visible position at the intersection of Grove Street and US 41, a major thoroughfare with over 40,000 vehicles passing daily. The store has undergone a complete remodel and update, featuring a state-of-the-art point-of-sale (POS) system, ensuring efficient operations. The existing staff provides a seamless transition for a new owner, minimizing disruption and maximizing immediate profitability. A strong and loyal customer base is already in place, contributing to the consistent success of this business. Detailed financial records are available upon execution of a confidentiality agreement, allowing prospective buyers to thoroughly assess the financial performance and potential for future growth. This is a rare opportunity to acquire a thriving, established business in a prime location with high traffic volume. The asking price for this exceptional property is $1,000,000. Serious inquiries only.

    Property Features for 700 Chippewa Sq

    General Information

    Property type
    Industrial properties
    Square Feet
    4,008 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.40744
    Latitude
    46.53925

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    FAQs

    What type of property is this?
    Industrial property - Turnkey Liquor Store, High Traffic Location
    Where is this industrial property located?
    The property is located at 700 Chippewa Sq Marquette, MI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (906) 225-1136
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    700 Chippewa Sq Marquette, MI 49855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Chippewa Sq Marquette, MI 49855
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