7262 Cairn Hwy Kewadin, MI 49648
Property Lookup
Property profile & analytics
7262 Cairn Hwy Kewadin, MI 49648
- Commercial real estate
- 1,984 SF
Property ID
US43-2952828
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Waters Edge Market / Gas Station
- ATM / Atm
Property Details for 7262 Cairn Hwy
- Property size
- 1,984 SF
- Property type
- Commercial real estate
- APN
- 05-12-311-044-00
- APU
- 51231104400
Description
This exceptional commercial property, located at 7262 CAIRN in Kewadin, Michigan, presents a unique investment opportunity. The 2,000 square foot building sits on a nearly one-acre lot on the north shore of Elk Lake, offering stunning waterfront views. Currently operating as Waters Edge Market & Gas, the business provides grocery, deli, and gas services to the thriving Traverse City area and its many tourists. The property's prime location benefits from high traffic volume, enhanced by the proximity of Milton Township Waterfront Park directly across the street. This park's presence is expected to further increase customer traffic and presents potential for expansion into complementary services such as kayak, paddleboard, or boat rentals. The existing business enjoys strong demand for catering services, both carry-out and on-site. The sale includes the business, all fixtures, the real estate itself, and all necessary licenses, including a liquor license. This turnkey operation offers a rare chance to acquire a well-established, profitable business with significant growth potential in a highly desirable location. The property's waterfront setting and proximity to recreational areas provide a unique competitive advantage. This is an ideal opportunity for an investor seeking a profitable and established business with significant upside potential. The property's size and location make it an attractive investment for both experienced and new business owners.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kewadin
- County
- Antrim
- State
- Michigan
- Longitude
- -85.3693
- Latitude
- 44.93
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,503
$0.00
$0.00
$93,700
-
$0.00
$0.00
$187,400
