5326 Lacey Rd Dowling, MI 49050
This turnkey convenience store, located at 5326 Lacey in Dowling, MI, presents a fantastic investment opportunity. The 3,414 square foot building sits on a one-acre lot and is offered at $495,000. Recent upgrades significantly enhance its operational efficiency and appeal. A new roof ensures long-term protection, while a newly installed 400-amp service provides ample power. The entire floor has been protected with new flooring, and a new furnace ensures comfortable temperatures year-round. Extensive exterior improvements include a six-inch concrete parking lot. Energy efficiency is maximized with spray foam insulation. Security is a top priority, with a nine-camera system installed throughout the premises. The fully equipped kitchen boasts a 60-amp pizza oven, range, and two deep fryers, ready for immediate use. Refrigeration units have been recently updated and are in excellent condition. The property includes a valuable food and beer license, allowing for early Sunday sales, a significant advantage in this market. This sale includes all existing inventory and equipment, making this a truly turnkey operation. This is a rare opportunity to acquire a well-maintained, profitable business with significant recent improvements. The combination of location, upgrades, and existing licenses makes this a highly attractive investment. Contact us today to schedule a showing and explore this exceptional opportunity.
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Lacey Mart Department Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 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.