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    OFF-MARKET
    Commercial real estate

    7740 Swede Rd, Northport, MI 49670

    10.35 ac lot
    Property ID
    US43-3400878
    Property summary
    AI-generated overview

    This exceptional opportunity presents the acquisition of Peninsula Perennial Nursery, a profitable and well-established business located on 10.35 acres in the picturesque Leelanau County, Michigan. Operating since 2015 at 7740 N Swede Rd, Northport, MI 49670, this turnkey operation boasts five existing buildings and a loyal customer base. The nursery specializes in providing a curated selection of plants ideally suited for the northern Michigan climate, complemented by landscape design services. The business model is a retail nursery with agricultural status, catering to both individual customers and landscaping professionals. The strong reputation for high-quality plants and services ensures a consistent revenue stream. Beyond the current successful operation, the expansive 10.35-acre property offers significant potential for expansion into agritourism ventures. The existing infrastructure and prime location provide a solid foundation for exploring opportunities such as a winery or wedding event center, capitalizing on the area's natural beauty and growing tourism industry. This is a rare chance to own a thriving business with substantial growth potential in a highly desirable location. The asking price for this exceptional property and business is $1,200,000. This is a for-sale-by-owner opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 10.35 ac (450,846 SF)
    UPID US43-3400878
    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
    Current use
    Occupant on record · Public records
    • Peninsula Perennial Nursery Garden Center Landscaping
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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