Property profile

N3011 M67 Limestone, MI 49816

OFF-MARKET
Investment properties
2,298 SF 4.94 ac lot Built 1960
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Property summary

AI-generated overview

This thriving country store in Limestone, MI, presents a unique investment opportunity. Boasting 2,298 square feet on a 4.94-acre lot, the property includes a well-established deli and full kitchen, ripe for menu expansion. A digital sign enhances marketing potential, while existing computer and security systems ensure efficient operations. The recent 2014 remodel provides a solid foundation, requiring only minor finishing touches and repairs. A separate rental cabin offers additional income streams, potentially through bundled packages with the deli. The convenient location on a main highway, between Escanaba, Marquette, and Munising, guarantees high traffic volume. Gas sales and a "beer cave" further attract customers. A U-Haul rental service (separate entity, subject to buyer approval) adds another revenue stream. Ample basement and garage storage are available. A liquor license is included in the sale price of $490,000. This turnkey business offers immediate returns and significant growth potential for a savvy entrepreneur. The existing infrastructure and established customer base provide a strong foundation for expansion and diversification. The combination of retail sales, food service, and rental income creates a diversified revenue model, mitigating risk and maximizing profitability. The property's prime location and existing amenities make it an attractive proposition for both experienced business owners and first-time investors seeking a profitable venture in a desirable location.

Property profile

Verified
Property type Investment properties
Year built 1960
Total area 2,298 SF
Lot 4.94 ac (215,186 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

N3011 M67 Limestone, MI 49816
Limestone metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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