300 6th St - Storefront Retail/Residential FOR SALE


Calumet, MI 49913
$850,000 USD
906-482-0001
300 6th St, Calumet, MI for Sale
$850,000 USD
Storefront Retail/Residential - FOR SALE
1/33
null | Request Cap Rate

300 6th St
Calumet, MI 49913


HIGHLIGHTS

  • Opportunity to buy their business and participate in it's future growth.
  • New security camera system, Roof replacements on warehouse and dormers and Refreshed penthouse suite.
  • Includes an operational café, brewery, and lodging units with existing income streams.
  • Business owners are planning retirement, offering support for transition including consultation and financing guidance.
  • Brewery highlights: 3.5-barrel PICO system, four core beers, occasional seasonals, community sponsorships.

OVERVIEW

Owners want to retire, so this is an opportunity to buy their business and participate in it's future growth. With all that is happening in the Village of Calumet, the Downtown Historic District is where you will want your business to be. The Michigan House Cafe' & Red Jacket Brewing Co. along with apartment rentals located in upper floors provide an opportunity to build your business future. In the center of the Keweenaw Peninsula, these businesses are located well to serve all those who enjoy the area: snowmobiling, ATV touring, visiting historic sites, skiing, biking, rock hounding and much more. Learn more about the area: www.visitkeweenaw.com https://www.keweenaw.org/ https://www.nps.gov/kewe/ This business successfully survived the Covid-19 Pandemic. After years in business, the Owners are now ready to retire and want a great successor. They will support the Buyer with consultation and financial tools during transition.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

c1

APN/PARCEL ID

041-130-012-00

ASK ABOUT THIS PROPERTY

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

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Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

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