Property Listing No Longer Available for Sale

7262 Cairn Highway, Kewadin, MI

Retail for Sale - $579,000 - 1,920 Sq. Ft.


Property Info

CIMLS#1022086
Location
  7262 Cairn Highway
  Kewadin MI 49648
UpdatedJuly 14th, 2019
TypeRetail
Price$579,000
Building1,920 Sq. Ft.

Property Description

Turnkey Elk and Torch Lake Market & Gas~ Waters Edge Market, situated on the north shore of Elk Lake on almost an acre, surrounded by Torch, Birch, Bass Lake, and East Traverse Bay currently provides the bustling Traverse area community and tourists with grocery, deli, and gas services. The waterfront view is spectacular. Milton Township Waterfront Park directly across the street forecasts even more traffic flow to the business as well as potential for kayak, paddle board and boat rentals. Demand for catering exists for both carry-out and on-site. Business, fixtures, real estate and all licenses, including liquor. Owner will provide take-over period and all associated documents for a true Turnkey experience. Food, Beer & Wine and Liquor Licenses including Sunday AM Sales and Tastings. Walk-In Cooler provides ample Cold Storage. New (2016) Cooler Compressor and Fans. Cap rate is 21%


Financials


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