704 1St St Harrison, MI 48625
- Commercial real estate
- 0.19 lot acres
Current Use by Public Records
- Ken's Landing / Sporting Goods Store
Property Details for 704 1St St
- Lot size
- 0.19 lot acres
- Property type
- Commercial real estate
- APN
- 070-021-103-01
- APU
- 7002110301
Description
This thriving sporting goods business, located at 704 N First in Harrison, MI, presents a unique investment opportunity. Established in 2008, this well-regarded store enjoys high visibility on busy Business 127, near Wilson State Park (known as Ken's Landing). The business boasts a substantial inventory of firearms, ammunition, hunting, and fishing supplies, complemented by a significant and profitable online sales component. The business inventory is sold separately. The seller is open to assisting with a smooth transition for the new owner. The building itself offers approximately 1300 square feet, including 750 square feet of retail space, a half-bath, and ample storage. Built with a combination of block construction and a large frame addition (added around 2005), the building features vinyl siding, city utilities, central air conditioning, natural gas forced-air heating, cable, and convenient parking. The 0.19-acre lot provides ample space. The seller is open to negotiating a substantial down payment and a short-term land contract, and is also willing to sell the building separately from the business. This turnkey operation offers a compelling blend of established clientele, strong online presence, and a well-maintained building in a desirable location. Don't miss this chance to own a profitable and established business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $330,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $320,000
- Mixed-Use
- $390,000
- Hospitality
- $390,000
- Educational
- $420,000
- Residential Income
- $315,000
- Energy
- $380,000
- Income-Based Land
- $415,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Harrison
- County
- Clare
- State
- Michigan
- Longitude
- -84.803
- Latitude
- 44.0258