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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Market With Liquor Bancroft, MI 48414

12,000 SF Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 12,000 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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