5055 West Bayshore Dr Omena, MI 49674
This unique Leelanau County property offers a prime retail opportunity with significant upside. The offering includes a charming country store, perfect for a variety of retail ventures, currently boasting 1 square foot of available space for lease. The property's significant advantage lies in its included housing options, providing exceptional convenience for the owner-operator. A three-bedroom house and a two-bedroom apartment are situated on the same lot, offering ample living space for the business owner or potential rental income opportunities. The combined retail and residential components present a rare and attractive investment prospect. The single available retail space presents a blank canvas for a creative entrepreneur to establish a thriving business within a picturesque setting. The existing structure provides a solid foundation for immediate occupancy, minimizing upfront capital expenditures. This turnkey operation offers a blend of commercial and residential uses, making it an ideal choice for those seeking a unique and profitable venture in a desirable location. The property's location in Leelanau County provides access to a thriving tourist market and a strong local community. This is a rare opportunity to acquire a well-established business with significant potential for growth and expansion. Serious inquiries are encouraged to explore this exceptional offering.
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Omena Bay Country Store Department Store Grocery & Convenience Store
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.