Technical
Financial
Distress signals
Property profile

102 Northern Ave Barryton, MI 49305

OFF-MARKET
Commercial real estate
Property ID
US43-3511059
0.22 ac lot
Individually Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey business opportunity presents a chance to own the premier hardware store in Barryton, MI. Located at 102 Northern, this well-established retail establishment boasts 2,400 square feet of space on a 0.19-acre lot. The current owner has successfully cultivated a loyal customer base by offering a comprehensive inventory catering to diverse needs. From essential nuts and bolts to an extensive selection of gardening, building, and lumber supplies, the store is a one-stop shop for the community. The inventory also includes drywall, electrical components, and a surprising range of hunting, fishing, and sporting goods, solidifying its position as the go-to destination for local residents. This established business enjoys a strong reputation and consistent sales, making it an attractive investment for an entrepreneur seeking a profitable, ready-made operation. The property is priced at $1,250,000 and includes all existing fixtures, equipment, and inventory, allowing for a seamless transition to new ownership. This is a rare opportunity to acquire a thriving, well-regarded business with significant growth potential in a stable community. The property's size and location provide ample space for current operations and potential expansion. Serious inquiries are encouraged to explore this exceptional business acquisition.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.22 ac (9,757 SF)
APN 04 892 035 000
UPID US43-3511059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Hardware & Home Improvement

Location

102 Northern Ave Barryton, MI 49305-5104
Barryton metro Census 960100 BIG RAPIDS, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2015
2 recorded transactions
2015
$33,000
2008
$55,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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