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    OFF-MARKET
    Commercial real estate

    715 Gratiot St, Copper Harbor, MI 49918

    1,432 SF
    Property ID
    US43-4198888
    Property summary
    AI-generated overview

    This exceptional turnkey investment opportunity in Copper Harbor, Michigan, presents a unique blend of commercial and residential properties. Located at 715 Gratiot, this well-established business boasts a thriving gas station with multiple pumps and above-ground tanks, catering to both locals and tourists. The adjacent convenience store is fully equipped with a kitchen, offering a diverse range of products from snacks and beverages to outdoor recreation supplies, capitalizing on the area's popularity for fishing and snowmobiling. Adding to its appeal is a comfortable one-bedroom apartment, ideal for owner-occupancy or rental income. The property features a recently installed (2-year-old) roof, energy-efficient Smart Foam insulation, and a reliable generator, ensuring operational efficiency and resilience. A John Deere tractor is included, adding further value to this comprehensive package. The asking price is $675,000 for the 1,432 square foot property situated in Keweenaw County, Michigan (zip code 49918). This is a rare opportunity, given the nearest competing gas station is 30 miles away, guaranteeing a significant market share and strong potential for continued growth and profitability. The property is zoned for commercial use and offers a high-traffic location in a bustling resort town. Don't miss this chance to acquire a truly unique and profitable business.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,432 SF
    UPID US43-4198888
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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