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    N3011 M67, Limestone, MI 49816

    2,298 SF 4.94 ac lot Built 1960
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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