Falling Rock Café and Bookstore
FOR SALE
Best Places to Invest in Michigan
Asking Price: $1.45M
(Includes: Building; Business; Inventory, Equipment, Good Will, Website, Social Media, etc.)
Business/Building Facts of Interest
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4,000 square feet of commercial space on first floor and four AirBnB Suites on second floor.
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Entire building infrastructure (electrical, heating, plumbing, sewer, etc.) rehabilitated in 2003.
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Gross sales for the business exceeding $800,000 in 2017, 2018, and 2019.
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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.
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Online sales and sophisticated POS system
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9 leased parking spots adjacent.
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New roof installed in 2012.
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Although this property is For Sale By Owner, we are open to negotiating a commission for Realtors representing potential buyers.
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We are open to a variety of purchase/financing options.
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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
Asking Price: $699,000
For Sale by Owner
Property Facts of Interest
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Property appraised for $540,000 in 2016 before $50,000 additional investment for driveway improvements and fill.
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H-58, the road adjoining the property, was completely redone in Summer 2018.
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Although this property is For Sale By Owner, we are open to negotiating a commission for Realtors representing potential buyers.
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We are open to a variety of purchase/financing options.
Additional Facts/Information