Search
Mixed-Use Property with Bowling Alley
For Sale
$850,000

92 E Michigan Avenue, Galesburg, MI 49053

Two buildings combine an occupied distillery space with an insulated warehouse and loading access.

Property Size11,508 SF
Price / SF$73.86
Days on Market106

Property Features for 92 E Michigan Avenue

General Information

Standard status Active
Size 11,508 SF
Total Parking Spaces 12
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,591

Building Details

Building Size 11,508 SF
Year Built 1980
Units 2
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6501453214
Source: Housewant
Added: Jul 15 Changed: Oct 27 Last Checked: Oct 27 at 3:46AM

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 NAI Wisinski of West Michigan

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 92 and 100 E. Michigan Avenue in downtown Galesburg, this mixed-use property spans approximately 6.85 acres and includes two buildings totaling approximately 11,508 SF. Built in 1980, the main building is currently half occupied by Gull Lake Distillery. The other half includes a second-floor bowling alley and space requiring revitalization. The sale excludes the business and its equipment.

A separate industrial building has an insulated warehouse, two loading docks, and a drive-in door. The warehouse was previously used for ice cream storage. The current owner is willing to enter into a 3-to-5-year lease in connection with the sale.

Key Highlights

  • Two buildings totaling approximately 11,508 SF on approximately 6.85 acres
  • Main building is half occupied by Gull Lake Distillery; the business and equipment are excluded from the sale
  • Second‑floor bowling alley in the main building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gull Lake Distilling ... Restaurant The Gale Restaurant Frostee Queen Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 49053, MI

7,371
Population
2,919
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
95%
High-School Grad
24.4 sq mi
ZIP Area
302
Density / Sq Mi
$80,074
Median Household Income
$47,870
Median Earnings
$970
Median Rent
$222,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine an occupied distillery space with an insulated warehouse and loading access.
Where is this mixed-use property located?
The property is located at 92 E Michigan Avenue Galesburg, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two buildings totaling approximately 11,508 SF on approximately 6.85 acres; Main building is half occupied by Gull Lake Distillery; the business and equipment are excluded from the sale; Second‑floor bowling alley in the main building
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved