7861 Mystic Lake Dr Lake, MI 48632

Property Details for 7861 Mystic Lake Dr

Lot size

0.46 lot acres

Property type

Commercial real estate

APN

013-530-015-02

APU

1353001502

Description

This exceptional turnkey opportunity presents a well-established hardware and sporting goods store in downtown Lake, MI. The property, located at 7861 Mystic Lake, encompasses a substantial 4,546 square foot building situated on a 0.24-acre lot. The asking price of $425,000 includes both the real estate and the thriving business, complete with all tangible and intangible assets. This includes a fully stocked inventory and extensive equipment, such as an 80# propane hi-lo, a pipe cutting and threading machine, glass cutter, key cutter, multiple chain sharpeners, and a sophisticated computerized paint mixing system. Security is ensured with a 12-camera system featuring ADT remote monitoring. The building offers significant expansion potential with a full basement accessible via an overhead door. Future growth is further supported by a second septic and well system already in place. This long-standing business enjoys a loyal customer base, serving several surrounding communities in Central Michigan, making it an attractive investment for a buyer seeking a profitable, established enterprise with significant growth opportunities. The property's prime downtown location adds to its appeal, ensuring high visibility and convenient access for customers.

Location Insight

City

Lake

County

Clare

State

Michigan

Longitude

-85.0059

Latitude

43.8535

Property Tax & Assessments