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$ 1,400,000
Est. payment | /mo
2,044 SqFt
$ 1,400,000
Est. payment | /mo
2,044 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $684
Subdivision Mi
MLS Listing ID 50161862
Year Built 1912
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 100x150
Property Description
Presenting "The Marquette Neighborhood Spot," an iconic convenience store and rental property located on Marquette's desirable East Side. This thriving business has been a community staple since 1928, with a reputation for serving locals and tourists alike. Situated on the corner of High and East Hewitt Avenue, the property enjoys a prime location just a block away from Graveraet Elementary School and close to Marquette's beaches. As one of the only stores on the East Side, this convenience store offers groceries, beverages, and other essentials, benefiting from consistent year-round traffic and a significant seasonal boost from beachgoers. With mixed-use zoning, this expansive 15,000 sq ft lot offers limitless potential for entrepreneurial ventures. Open to endless opportunities, whether you envision a butcher shop, a boutique, or another innovative business, this property is ready to bring your ideas to life. The rental home has been meticulously updated with new windows, exterior doors, a roof, and appliances. The spacious interior showcases 9-foot ceilings, original pocket doors, and an elegant split staircase leading to the upstairs bedrooms. Currently leased to tenants until April 2025, the property generates $3,300 per month in rental income, providing an excellent revenue stream for the new owner. The garage/carriage house offers additional storage or creative-use potential. This turnkey business is fully equipped and ready for its next chapter. The sale includes seven commercial coolers, a commercial freezer, a QuickBooks Point of Sale system, as well as liquor, beer & wine, lottery, tobacco, and food licenses. The inventory is not included in the sale. Serving a loyal base of East Side customers, the convenience store is a rare opportunity to own and operate one of Marquette's few remaining neighborhood markets while also benefiting from the income potential of a fully leased 6-bedroom, 2-bathroom rental property. Schedule your showing today to explore this exceptional opportunity!
Location
State MI
County Marquette
Area Marquette (52016)
Zoning Mixed Use
Interior
Heating Boiler, Hot Water
Exterior
Parking Features 6-10 Spaces, Off Street, Parking Lot
Building
Water Public Water
Structure Type Aluminum,Frame,Shingle
Others
Ownership LLC
SqFt Source Assessors Data
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY
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