0 Market With Liquor Bancroft, MI 48414
This exceptional 12,000-square-foot retail property, located in Bancroft, Michigan (Shiawassee County, zip code 48414), presents a lucrative investment opportunity. Built in 2017, this single-tenant building currently operates as a thriving market and liquor store. The property boasts a diverse product offering, including meat, produce, deli items, beer, wine, and a full liquor selection. Financial records indicate impressive gross sales of $2,258,449 in 2022, demonstrating significant revenue potential. The current owner, who has operated the business for seven years, has been absentee due to other commitments. This presents a unique chance for a new owner-operator to enhance profitability through improved service, expanded inventory, and the addition of supplementary services such as check cashing, an ATM, and MoneyGram. The entire 12,000 square feet is currently vacant and ready for immediate occupancy. Seller financing is available for qualified buyers, making this an accessible and attractive acquisition. The property's prime location in Shiawassee County offers excellent visibility and accessibility to a substantial customer base. This is a rare opportunity to acquire a well-established, high-performing retail business with significant upside potential.
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.