N3011 M67, Limestone, MI 49816
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.