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    Retail properties & Spaces

    0 Collectibles & Gift Shop, West Bloomfield Township, MI 48325

    3,000 SF Built 2018
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,000-square-foot convenience store in West Bloomfield Township, Michigan, presents a unique investment opportunity. Built in 2018, the property boasts a prime downtown location with no nearby competition. The asking price of $169,999 includes a substantial inventory valued at approximately $340,000, consisting of sports and celebrity memorabilia, collectibles, furniture, vintage clothing, and rare art pieces. The store also features additional basement storage. A month-to-month lease is in place, with the landlord prepared to negotiate a new lease agreement. Financial highlights include a gross revenue of $58,802, fixtures, furniture, and equipment valued at $10,000, and a monthly rent of $3,400. Seller financing is available with 50% down, amortized over 36 months at 6% interest. The seller will provide training to ensure a smooth transition for the new owner. This presents a chance to acquire an established business with significant growth potential, including expanding product offerings, online sales, and website updates. The property is located at a specific address in West Bloomfield Township, Oakland County, MI 48325. The business has been operating since 2018. One full-time and one part-time employee are currently on staff.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2018
    Total area 3,000 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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