720 Ctr St, Omer, MI 48749-9701
This exceptional 3.76-acre industrial property in Omer, Michigan, presents a unique opportunity to acquire a thriving retail business, the Rifle River Market. Strategically located on two corner parcels along heavily traveled US-23, this high-visibility location ensures significant foot and vehicle traffic. The property boasts a substantial covered display area, ideal for showcasing merchandise and attracting customers. Included in the sale is a comprehensive equipment list, facilitating a seamless transition for the new owner. The property also features a 24x36 greenhouse and a larger, 30x96 heated greenhouse, providing ample space for cultivation or storage. Two additional storage outbuildings offer further versatility and storage capacity. This turnkey operation offers immediate income potential and significant growth opportunities. The expansive acreage provides ample room for expansion or future development. The property's prime location and existing infrastructure make it an attractive investment for entrepreneurs seeking a well-established business with significant potential for increased profitability. The sale includes all existing equipment and fixtures, minimizing the initial investment required to begin operations. This is a rare opportunity to acquire a successful, established business with significant assets in a high-traffic location. Don't miss out on this exceptional investment opportunity. The asking price is $999,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.