Property summary
This exceptional business opportunity presents a chance to own a well-established enterprise in the heart of Coloma, Michigan. Boasting a 30-year history, this business is situated on the main street, offering high visibility and convenient access. The property includes a spacious 2,160 square foot building, complete with all necessary inventory, materials, and tools for immediate operation. Included equipment encompasses a van equipped with a glass rack, two chop saws, a drill press, four A-frame racks, and two glass tables, among other assets. The seller, ready for retirement, is offering attractive lease terms: a discounted monthly rent of $750 for the first year, increasing to $1,000 per month thereafter. This inclusive rent covers all utilities and property taxes, minimizing your initial financial burden. The business sits on a generous 1.93-acre lot, providing ample space and potential for future expansion. This turnkey operation, located near several lakes, presents a unique opportunity for an ambitious entrepreneur to step into a profitable, established business with significant growth potential. The sale includes the business only
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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