Property summary
This exceptional turnkey business opportunity presents a well-established liquor store located at 700 Chippewa in Marquette, MI. Boasting 4,008 square feet on a 0.33-acre lot, this property enjoys a highly visible position at the intersection of Grove Street and US 41, a major thoroughfare with over 40,000 vehicles passing daily. The store has undergone a complete remodel and update, featuring a state-of-the-art point-of-sale (POS) system, ensuring efficient operations. The existing staff provides a seamless transition for a new owner, minimizing disruption and maximizing immediate profitability. A strong and loyal customer base is already in place, contributing to the consistent success of this business. Detailed financial records are available upon execution of a confidentiality agreement, allowing prospective buyers to thoroughly assess the financial performance and potential for future growth. This is a rare opportunity to acquire a thriving, established business in a prime location with high traffic volume. The asking price for this exceptional property is $1,000,000. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Wine and Liquor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
M-U · Marquette, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for M-U in Marquette, MI.
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Find the owner behind the property.
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