Remodeled Liquor Retail
73 W Sanilac Road Sandusky, MI 48471
73 W Sanilac Road, Sandusky, MI, 48471
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For Sale
Contact for pricing
Remodeled liquor store with walk-in cooler, back inventory room, and multiple licensing including beer, wine, and lottery.
Property Size2,000 SF
Price / SF$139.95
Days on Market211
Property Features for 73 W Sanilac Road
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1996
Listing agency
CRK Realty
(586) 802-1000
Listed by
kay kasshamoun · License #6501305623
Source
Crexi
Added: Dec 23, 2025 Updated: Jul 22 at 1:16AM Checked: Jul 22 at 1:16AM
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 CRK Realty
Investment Insights
Based on property information with market context.
This remodeled liquor retail store is set up for everyday convenience retail operations, featuring a 32-foot liquor shelf and an 11-door walk-in cooler. The layout includes a back room for inventory and additional retail support areas. The business offers a liquor license, beer and wine license, and a lottery terminal. The front and back entrances provide direct access for customers and inventory handling.
The store provides plenty of parking and includes grocery inventory on-site, with store hours running Monday through Friday from 8 a.m. to 9 p.m., Saturdays from 8 a.m. to 10 p.m., and Sundays from 9 a.m. to 9 p.m.
As presented, the sale includes the real estate and associated licensing and lottery terminal capabilities. Inventory is noted as not included in the price.
The store provides plenty of parking and includes grocery inventory on-site, with store hours running Monday through Friday from 8 a.m. to 9 p.m., Saturdays from 8 a.m. to 10 p.m., and Sundays from 9 a.m. to 9 p.m.
As presented, the sale includes the real estate and associated licensing and lottery terminal capabilities. Inventory is noted as not included in the price.
Key Highlights
- Liquor store built in 1996 with remodeled interior
- Licensed for liquor, beer, and wine, plus includes a lottery terminal
- Includes 32 ft liquor shelf and an 11‑door walk‑in cooler
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 | $31.0k | $15.48 |
| − Vacancy | −$1.3k | −$0.65 |
| EGI | $29.7k | $14.83 |
| − OpEx | −$8.9k | −$4.45 |
| NOI | $20.8k | $10.38 |
2,000 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$296.6K
$259.5K – $346.0K
NOI $20,762 @ 7.0% cap · market cap 7.42%
Second Best
Specialty Retail
$290.1K
$253.8K – $338.4K
NOI $20,304 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$424.8K
$371.7K – $495.6K
NOI $29,733 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sandusky Party Store
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Remodeled liquor store with walk-in cooler, back inventory room, and multiple licensing including beer, wine, and lottery.
Where is this grocery and convenience store located?
The property is located at 73 W Sanilac Road Sandusky, MI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Liquor store built in 1996 with remodeled interior; Licensed for liquor, beer, and wine, plus includes a lottery terminal; Includes 32 ft liquor shelf and an 11‑door walk‑in cooler
