Technical
Financial
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Property profile

5055 West Bayshore Dr Omena, MI 49674

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store Grocery & Convenience Store

Location

5055 West Bayshore Dr Omena, MI 49674
Omena metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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