1857 W Higgins Lake Dr - Storefront FOR SALE


Higgins Lake, MI 48627
$732,000 USD
231-357-0872
1857 W Higgins Lake Dr, Higgins Lake, MI for Sale
$732,000 USD
Storefront - FOR SALE
1/29
null | Request Cap Rate

1857 W Higgins Lake Dr
Higgins Lake, MI 48627


OVERVIEW

Here’s your chance to own a business with multiple-revenue streams on 0.46 acres within the premier Higgins Lake tourist corridor. The first structure, Country Corners Pizza, was established in 1995 and encompasses 1,024 square feet of functional space. The second building houses the 200 Market Cafe, opened in 2023. This modern coffee shop and market occupies 1,404 square feet of newly built space, providing espresso beverages, breakfast sandwiches, and bakery items alongside the proprietary Higgins Lake Coffee Company brand. The market serves as a hub for food staples and vacation essentials, including apparel and locally crafted jewelry. Guests may enjoy meals inside cozy dining spaces or the shared outdoor seating area. The site value is enhanced by its proximity to Higgins Lake, a spring-fed wonder once recognized by National Geographic. Famous for crystal-clear waters where visibility often extends 30 feet, the lake provides opportunities for diving, angling, and boating. Nearby state parks and sandy shorelines drive a steady stream of tourism. While the businesses enjoy a loyal following and a capitalization rate of 6.6%, there is significant potential for revenue growth through strategic expansion. This provides a versatile foundation for an entrepreneur looking to build upon an established community staple. This offering includes the real estate, 3 business operations, and nearly all furniture, fixtures, and equipment necessary for immediate operation. Inventory for the pizzeria, cafe, and coffee company will be sold on a separate bill of sale and is not included in the listing price. Combined, the footprint of both buildings provides 2,428 square feet. The 2025 daily traffic count shows 994 vehicles passing this location. Zoning information is available at the Gerrish Township website: www.gerrishtownship.org.

FOR SALE DETAILS

PRICE

$732,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

-

APN/PARCEL ID

004-032-005-0300

ASK ABOUT THIS PROPERTY

Heather LavantureCENTURY 21 NorthlandMore Info
231-357-0872

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Heather LavantureCENTURY 21 NorthlandMore Info
231-357-0872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.