120 Main St, Fennville, MI 49408-8490
This exceptional 8,254 square foot industrial property, situated on a 0.14-acre lot at 120 E Main in Fennville, Michigan, presents a unique investment opportunity. Located in the heart of downtown Fennville, this historic building benefits from its central position within a vibrant community experiencing significant growth in agritourism and the arts. The property currently houses a successful and established coffee house and cafe, complete with all kitchen equipment, ample outdoor seating on both front and back patios, and a valuable Class C liquor license. This turnkey operation provides immediate income potential and a strong foundation for continued success. Adding to the property's versatility, two sizable residential apartments occupy the upper level, offering additional revenue streams and potential for future expansion or rental income. The building's prime location within Fennville's thriving downtown, surrounded by wineries, vineyards, orchards, and farms, ensures high visibility and consistent foot traffic. This multi-use property offers a rare blend of commercial and residential income potential, making it an ideal investment for discerning buyers seeking a well-established business with significant upside. The property's historic character and central location within a rapidly growing area combine to create a truly exceptional investment opportunity. The sale includes all existing kitchen equipment and the Class C liquor license.
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Fernwood 1891 Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.