Property Listing No Longer Available for Sale

9787 Co Rd 513 T, Rapid River, MI

Others for Sale - $329,000 - 2,346 Sq. Ft.


Property Info

CIMLS#1045955
Location
  9787 Co Rd 513 T
  Rapid River MI 49878
UpdatedMay 23rd, 2019
TypeOthers
Price$329,000
Building2,346 Sq. Ft.

Property Description

LIVE WHERE YOU WORK-WORK WHERE YOU LIVE! Located in the Heart of Michigan's Upper Peninsula, 1/2 mile for US Highway 2. This business is partial retirement and provides an easy life along the northern shoreline. Garth Bluff Gas and Grocery in Rapid River, Michigan-established in 1972-operational for 47 consecutive years. This iconic property sits on 2 acres in the beautiful Hiawatha National Forest. Included is a forested vacant lot attached to this property which is available for building, and shared ownership of waterfront property on the Whitefish River. Lake Michigan is just steps away as well as Little Bay De Noc campground, boat launches, and tourists accommodations and attractions. Fully renovated living quarters attached to this store include, two bedrooms, one bathroom, and an open concept living room/kitchen. Fully finished 2 bedroom basement is currently rented out to stable tenant. Beautiful backyard features a 24 foot pool which is partially underground and 7 feet deep in the middle, a work shop, pool house with 5th bedroom, deck, and firepit -all with lots of privacy. Double car garage has a new second story back deck and a loft that can be finished for extra living space or rental. Inventory includes convenience store foods, frozen foods, ice cream, dairy products, cigarettes, ice, beer, wine, liquor, propane, and other seasonal inventory. Store is licensed to sell food, liquor, lotto, DNR licenses, fuel, scooped ice cream, bait, and seasonal sporting goods. Liquor license allows for early sales on Sundays. Gas station was put in by current owner two years ago. Gas station includes Regular Unleaded gas, Premium Ethanol Free gas, and an Internal gas console that dispenses Pre-Paid amounts eliminating theft. Gas tanks are above ground, eliminating environmental issues. Store is heavily touristed year round and also has a stable and steady local clientele. Current owner is retiring. There are opportunities for expanding inventory to include tourist souvenirs and novelty items. Online presence is established and can be found on Google maps.


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