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Property profile & analytics

109 Cherry St Munising, MI 49862

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US43-4235221
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Munising
County
Alger
State
Michigan
Longitude
-86.6598
Latitude
46.4134

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$4,907
$0.00
$0.00
$83,300
-
$0.00
$0.00
$166,600
More about this property
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