7281 S State Rd, Goodrich, MI 48438
Premier hardware and sporting goods destination for sale.
- 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
Listing office RE/MAX Select (810) 691-8850
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Goodrich
- County
- Genesee
- State
- Michigan
- Longitude
- -83.5008
- Latitude
- 42.925