Property profile

68104 Main St Richmond, MI 48062

OFF-MARKET
Commercial real estate
Property ID
US43-1394978
3,800 SF 0.18 ac lot Built 1900
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity in downtown Richmond, MI presents a rare chance to acquire a well-established meat packing facility and retail store. Operating since 1908, this iconic business boasts a strong reputation for quality and service, built on a loyal customer base and a commitment to locally sourced products. The 11,261 square foot facility, situated on a 0.17-acre lot at 68104 S Main, is a cornerstone of the community. The business model combines retail sales of fresh, high-quality meats (including specialty cuts and wild game processing) with wholesale operations, catering to both individual consumers and restaurants. A key differentiator is the business's successful catering arm, handling events ranging from small backyard BBQs to large-scale pig roasts. The facility itself is well-equipped with a modern packing area, ample refrigeration, and a retail space designed for efficient customer flow and product display. This turnkey operation offers a unique blend of established brand recognition, a loyal customer base, and significant growth potential for a new owner. The asking price is $925,999. This is a truly exceptional opportunity to own a piece of Richmond's history and build upon a century of success.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 3,800 SF
Lot 0.18 ac (7,754 SF)
Zoning code B-2
APN 07-06-01-162-007
UPID US43-1394978

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
  • Take-out & Catering Butcher

Location

68104 Main St Richmond, MI 48062-1332
Richmond metro Census 211000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2024
2 recorded transactions
2025
Price N/A
2024
Price N/A

Zoning & alternative use

B-2 · Richmond, MI
General category COMMERCIAL

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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