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Property profile & analytics
OFF-MARKET
Investment properties

11894 M35 Perkins, MI 49872

4,800 SF 5.3 ac lot Built 1992
Property ID
Property summary
AI-generated overview

This exceptional Perkins, MI business opportunity presents a rare chance to acquire a well-established, multi-income generating property. Spanning over 5.3 acres, the property boasts a thriving gas station and convenience store, offering a diverse range of products and services. Customers can fuel their vehicles, refill propane tanks, enjoy a deli and coffee bar, purchase groceries, alcoholic and non-alcoholic beverages, a large selection of moonshine, lottery tickets, and DNR licenses. A hardware section adds further convenience and revenue streams. Adding to the property's income potential is a built-in US Postal Service sub-station, generating consistent rental income. Further enhancing the investment, a three-unit apartment building is included, currently occupied by reliable tenants. All three units are updated and contribute significantly to the overall profitability. The substantial acreage offers significant potential for future expansion and development, allowing for further diversification and growth. This turnkey operation provides a unique opportunity for a substantial return on investment with multiple established income streams. The property's long-standing presence in the community ensures a loyal customer base and a strong foundation for continued success. Financial details are available upon request. The property is listed under MLS # 50143123 for additional information on the apartment units. This is a truly exceptional opportunity not to be missed.

Property profile
Verified
Property type Investment properties
Year built 1992
Total area 4,800 SF
Lot 5.3 ac (230,868 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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