Falling Rock Café and Bookstore

FOR SALE

 

 

Best Places to Invest in Michigan

1/2

Asking Price:  $1.45M

 

 (Includes: Building; Business; Inventory, Equipment, Good Will, Website, Social Media, etc.)

Business/Building Facts of Interest

  • 4,000 square feet of commercial space on first floor and four AirBnB Suites on second floor.

  • Entire building infrastructure (electrical, heating, plumbing, sewer, etc.) rehabilitated in 2003.​

 

  • ​Gross sales for the business exceeding $800,000 in 2017, 2018, and 2019.

  • Newly renovated AirBnB Suites generating 60% (and climbing) increase in rental income for the building over previous years (despite being closed for three months due to COVID-19).  Revenue now exceeding $80,000/year (and continuing to grow) as new reservations are booked for the remainder of 2020.

  • Online sales and sophisticated POS system

  • 9 leased parking spots adjacent.

  • New roof installed in 2012.

  • Although this property is For Sale By Owner, we are open to negotiating a commission for Realtors representing potential buyers.

  •  We are open to a variety of purchase/financing options.

  • Recent zoning change permits four second-floor apartments to be "Recreational" daily rentals (e.g., AirBnB/VRBO).  Conditional Use Permit approved and transferrable.

Additional Facts/Information

 

Interested? Send us an email!

Great Lakes Property

FOR SALE

 

 

Upper Peninsula Investment Property

Lake Superior frontage on the Munising Bay

1/2

Asking Price:  $699,000

 

For Sale by Owner

Property Facts of Interest

  • Property appraised for $540,000 in 2016 before $50,000 additional investment for driveway improvements and fill.

 

  • H-58, the road adjoining the property, was completely redone in Summer 2018.

  • Although this property is For Sale By Owner, we are open to negotiating a commission for Realtors representing potential buyers.

 

  • We are open to a variety of purchase/financing options.

Additional Facts/Information

 

Interested? Send us an email!

©2020 by Falling Rock Cafe & Bookstore

104 E Munising Ave, Munising, Michigan