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2602 IMLAY CITY Road, Lapeer, MI 48446 (MLS # 60343570)

Price $749,999
Status Active
Size 3,088 sqft
Lot Size 20,909 sqft
Days on Market 18

According to the listing agent, this listing is a bank owned (foreclosed) property.
Operating Liquor Store available for purchase – business, SDD (Specially Designated Distributor) License, and real estate included. The Seller will also consider selling the business/SDD License separately and leasing the real estate as a Landlord. The store generates an average gross revenue of $68,000 per month. Features a small kitchen contributing approximately $12,000 per month from hot food sales. Additionally, the site is equipped with a 28-door walk-in cooler. In 2023, lottery commissions totaled $38,000. Per Lara Licensee spirit purchase data, just over $110,000 worth of spirits inventory was ordered in 2023. Zero competition within a 2.5-mile radius of the store. Offers tremendous upside for a new Owner/Operator ready to invest in renovation capital and creativity. By adding delivery services like DoorDash, expanding the hot food menu, increasing inventory, and enhancing the vape and smoking accessory selection, you can easily unlock its full potential and drive profits even higher.
Property Type(s): Commercial
Last Updated 9/30/2024 Year Built 19
Community Lapeer Twp (44013) County Lapeer

Additional Details

AREA Lapeer Twp (44013)
BASEMENT Slab
CONSTRUCTION Vinyl Siding
EXTERIOR Frontage: 100
HEAT Forced Air
LOT 0.48 acre(s)
LOT DIMENSIONS 100.00 x 210.00
SEWER Public Sanitary
WATER Public Water
ZONING Commercial

Location

 

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Listing with MLS: , C3 CRE, LLC

Source MLS: MiRealSource

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