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    Landmark Business Opportunity in Goodrich Title is generated by Realmo AI

    7281 S State Rd, Goodrich, MI 48438

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    Claim this Listing
    For Sale
    $2,900,000

    Premier hardware and sporting goods destination for sale.

    Type:Commercial
    Property size:
    17,280 SF
    Lot size:
    1.67 Acres
    Price / SF:
    $167/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 7:54 pm

    Property Features for 7281 S State Rd

    General Information

    Standard status
    Active
    Size
    17,280 SF
    Lot size
    1.67 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2004

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    Michael Dickerson
    Michael Dickerson

    Listing office RE/MAX Select

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Select

    HighLights

    • Profitable, turn‑key business with 42+ years of operation.
    • Includes real estate, building, inventory, equipment, and the business.
    • Located on high‑traffic M‑15 with 13,000+ cars per day, offering excellent visibility.
    • Features a full‑service hardware store, a high‑demand sporting goods department, equipment repair services, and construction equipment rentals.
    • Carries iconic brands such as Milwaukee, DeWalt, Weber, Traeger, Hoyt, Mathews, TenPoint, and Ravin.
    • Modern 17,280 sq. ft. building built in 2004 on 1.66 acres.

    Overview

    This is an opportunity to acquire Brown’s Do-It Center & Sporting Goods, a hardware and sporting goods business. The business has been operating for over 42 years. The sale includes the real estate, building, inventory, equipment, and business. The property features a 17,280-square-foot building on 1.66 acres with frontage on high-traffic M-15, which sees over 13,000 cars per day. The business includes a full-service hardware store, a sporting goods department, equipment repair services, and construction equipment rentals. It features brands such as Milwaukee, DeWalt, Weber, Traeger, Hoyt, Mathews, TenPoint, and Ravin. The store offers a layout, equipment, and a team in place to ensure a ownership transition.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $267.5k $15.48
    − Vacancy −$11.2k −$0.65
    EGI $256.3k $14.83
    − OpEx −$76.9k −$4.45
    NOI $179.4k $10.38
    17,280 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.56M
    $2.24M – $2.99M (±1% cap)
    NOI $179,382 @ 7.0% cap · market cap 6.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.64M
    $3.18M – $4.24M (±1% cap)
    NOI $254,532 @ 7.0% cap · market cap 8.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brown's Do-It Center ... Building Supply Brown's Do it ... (Bike/Boat/Book/etc) Store Goodrich Mini Storage Storage Facility

    Suggested Use

    Building Supply Law Firm Spa & Massage Center Hair Salon Hotel & Motel Nail Salon Gym & Fitness Center Food Market Accounting Firm Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Goodrich
    County
    Genesee
    State
    Michigan
    Longitude
    -83.5008
    Latitude
    42.925

    FAQs

    What type of property is this?
    Storefront property - Premier hardware and sporting goods destination for sale.
    Where is this storefront property located?
    The property is located at 7281 S State Rd Goodrich, MI.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Profitable, turn‑key business with 42+ years of operation.; Includes real estate, building, inventory, equipment, and the business.; Located on high‑traffic M‑15 with 13,000+ cars per day, offering excellent visibility.
    More about this property
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