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    4333 Us 31 Hwy, Alanson, MI 49706

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    Discover a unique opportunity in Alanson, Michigan, with this exceptional 49-acre property featuring a historic cider mill and farm. Located on US-31 Highway between Crooked River Road and E Brutus Road, this high-traffic location boasts 7,200 AADT, placing it ideally between Petoskey and Mackinaw City. The property includes two parcels, a beautifully remodeled single-family home with updated kitchen and bath, and two barns. A recently renovated 1894, two-story barn features a commercial kitchen and apple press, ready for immediate use. A newer 5,100 square foot barn offers multiple large doors and two restrooms, providing ample space for various uses. The current profitable operation, open only two months annually, includes hayrides, fresh-pressed cider, donuts, pies, bakery items, apples, pumpkins, and various snacks. The property offers massive growth potential through extended seasonal operation, leasing opportunities, and further development. The existing business model provides a strong foundation for expansion, capitalizing on the high tourist traffic and the property's inherent charm. This is a rare opportunity to acquire a piece of history with modern amenities, offering a blend of tradition and innovation in a serene setting. The asking price is $1,500,000.

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    Property type Specialty properties
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    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
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