Property Listing No Longer Available for Sale

601 Randolph Street, Traverse City, MI

Retail for Sale - $2,200,000 - 3,464 Sq. Ft.


Property Info

CIMLS#1084672
Location
  601 Randolph Street
  Traverse City MI 49684
UpdatedFebruary 26th, 2021
TypeRetail
Price$2,200,000
Building3,464 Sq. Ft.

Property Description

Included in this sale is the business (Bay Bread Co.) and the building. This is a diversified bakery with a healthy retail business and wholesale business including accounts with Meijer, Sam's Club, and Costco. There is room for growth both on the wholesale side by adding additional stores such as Tom's and Meijer and to the retail side by adding alcohol, pizza, or a roof top cafe. There are two apartments upstairs that can be rented short term and house an owner/operator. This is a great opportunity for someone looking to own a profitable bakery with a large wholesale component.


Financials


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