109 Cherry St Munising, MI 49862
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 109 Cherry St
- Property type
- Commercial real estate
- APN
- 051-258-015-00
- APU
- 5125801500
Description
This thriving Munising, MI, flower shop presents a unique investment opportunity. Located at 109 Cherry Street, the property boasts 1,890 square feet on a 0.16-acre lot. The business itself is well-established, known for its high-quality floral arrangements and popular craft classes, attracting both local and tourist clientele. This ensures a consistent revenue stream and a strong foundation for continued growth. Beyond the successful flower shop, the property includes leased office space, offering significant potential for expansion. This additional space provides flexibility – it could seamlessly integrate with the existing flower shop operations, or be independently leased for supplemental income. The generous layout of the office space allows for various configurations to suit diverse business needs. Priced at $285,000, this property offers a rare chance to acquire a profitable, established business with built-in expansion capabilities. The combination of a successful flower shop and the added income potential from the office space makes this a truly exceptional investment opportunity in the vibrant Munising community. This turnkey operation is ready for a new owner to continue its success and capitalize on its existing strong reputation. Don't miss this chance to own a piece of Munising's thriving business landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Munising
- County
- Alger
- State
- Michigan
- Longitude
- -86.6598
- Latitude
- 46.4134