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    OFF-MARKET
    Commercial real estate

    720 Ctr St, Omer, MI 48749-9701

    1.77 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-2920841
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.77 ac (77,101 SF)
    APN 030-0-014-300-005-11
    UPID US43-2920841
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    RIVER FARM MARKET RIFLE
    RIVER FARM MARKET RIFLE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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