Property profile

12430 State St Atlanta, MI 49709

FOR SALE
Commercial real estate
Property ID
US43-2830284
0.06 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,800 square foot retail space, located at 12430 State Street in Atlanta, Michigan, presents a unique opportunity for entrepreneurs. Situated on the main street, this established business boasts a prime location with additional parking conveniently located in the rear of the building. The current inventory, consisting of quality Michigan-themed merchandise, is negotiable with the sale, offering a seamless transition for a new owner. The interior is impeccably maintained, clean, and well-organized, representing a true turnkey operation ready for immediate occupancy. The business's success is directly attributable to its convenient location and the appeal of its unique product line, making it a popular destination for locals and tourists alike. This high-traffic location ensures consistent customer flow, providing a strong foundation for continued success. The seller is open to considering a land contract, offering flexible financing options for qualified buyers. This is an exceptional opportunity to acquire a thriving retail business in a desirable Northern Michigan town. The building itself is in excellent condition and ready for immediate use. Don't miss this chance to own a piece of Atlanta's vibrant commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.06 ac (2,614 SF)
APN 003-410-000-004-00
UPID US43-2830284

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
  • (Bike/Boat/Book/etc) Store
  • Tech Support Center (Bike/Boat/Book/etc) Store

Location

12430 State St Atlanta, MI 49709
Atlanta metro Census 910200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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