11894 M35 Perkins, MI 49872
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.
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.