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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    10625 Main St, Honor, MI 49640-9439

    0.67 ac lot
    Individually Owned Free & Clear
    Property ID
    US43-2853114
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity presents the chance to acquire the Honor Family Market, a beloved community staple for over four decades. Located at 10625 Main Street in Honor, Michigan, this thriving grocery store boasts 12,000 square feet of space situated on a 0.67-acre lot. The business model is built on a foundation of quality and personalized service, offering custom meat cutting, in-house smoked meats, and seasonal produce sourced from local Michigan farms. Beyond groceries, the store features a popular deli and bakery, further enhancing its appeal and revenue streams. Existing licenses for beer, wine, and liquor sales contribute significantly to profitability. Recent equipment upgrades have increased efficiency and sales, ensuring a smooth transition for the new owner. The sale includes the land, building, all licenses, fixtures, and equipment, providing a complete and ready-to-operate business. This is a unique chance to own a well-established, profitable business with a strong community presence and significant growth potential in the vibrant Benzie County area. The asking price is $1,100,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.67 ac (29,185 SF)
    APN 07-508-030-00
    UPID US43-2853114
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Honor Family Market Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    COPEMISH FAMILY MARKET
    COPEMISH FAMILY MARKET
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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