5757 Genesee Avenue
Otter Lake Vlg, MI 48464

Description

Own your own party store!!!!!!Downtown Otter lake Building and business. This is a excellent business opportunity, party store with beer, wine and liquor license. Nice lot (100 x 100) for plenty of parking. Independently owned and operated for over 30 years. This property is across from Otter Lake and features over 1360 square feet with large front area. new furnance,2 years ago, roof, 10 years old... Estimated inventory 40-50,000....Asking $199,000 plus inventory. Inventory--25% off of retail....Beer, wine and liquor at cost. Huge potential profit. Call for your private showing today!!! For more information on the net annual income, annual operating expense and annual gross income please call the listing agent.

Details

MLS#218085635
StyleRetail
Sub-TypeResale
StatusActive
Year1950
Days On Site228

Features

SQ Feet1,352
Story(s)1
ZoningCommercial

Market Activity 48464

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Area Information

StateMI
CountyLapeer
CityOtter Lake Vlg
Zip Code48464
AreaOtter Lake Vlg
Listing VS Median (in 48464)
Price:
$199,000
low | high
Med:
$37,900
100% of Average
SqFt:
1,352
low | high
Med:
0
100% of Average
$ / SqFt:
$147
low | high
Med:
$0
100% of Average
On Site:
228
low | high
Med:
58
100% of Average
Listing Updated: 04/20/2019
MLS Number: 218085635
Listing Provided By:
Michelle A Muncy  of  Coldwell Banker Professionals
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