Property profile

107 Sage Lk Rd Prescott, MI 48756

OFF-MARKET
Commercial real estate
Property ID
US43-2863688
3,366 SF 0.32 ac lot Built 1986
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,312 square foot industrial property, situated on a 0.3-acre lot at 107 S Sage Lake in Prescott, MI, presents a unique investment opportunity. Currently operating as a thriving country store, this well-maintained establishment boasts a consistent customer flow and diverse product offerings. The inventory includes gasoline, a wide selection of groceries, beer, wine, and liquor. The spacious interior is clean and well-organized, providing ample room for existing operations and significant expansion potential. A substantial, modern deli area is already in place, ready for immediate development and customization to suit a variety of culinary concepts. This turnkey business offers a chance to capitalize on an established customer base and a prime location in a desirable area. The property's size and existing infrastructure provide a solid foundation for continued success and potential growth. The high traffic volume ensures a steady stream of customers, making this a truly attractive proposition for entrepreneurs seeking a profitable venture in a peaceful, rural setting. This is a rare opportunity to own a well-established business with significant upside in a desirable location. The property's versatility allows for a range of business models, making it an ideal investment for those seeking a stable and rewarding enterprise. The existing infrastructure and ample space provide a strong foundation for future expansion and adaptation to evolving market demands. The combination of a successful business and a strategically located property makes this an exceptional investment opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 3,366 SF
Lot 0.32 ac (13,939 SF)
APN 041-426-002-00
UPID US43-2863688

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
  • Party Supply Store (Bike/Boat/Book/etc) Store

Location

107 Sage Lk Rd Prescott, MI 48756-9537
Prescott metro Census 950902
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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