3703 county 416 20th
gladstone, MI 49837
$500,000 for Sale
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ABOUT PROPERTY

Business opportunity you won?t want to pass up! The Flat Rock Grocery is a true local staple that has been serving the community for many generations. This established convenience store is stocked and equipped with everything you need, whether customers are stopping for gas, a few grocery items, household supplies, or a quick treat like freshly scooped ice cream. The property features unleaded gasoline and diesel fuel pumps, propane tank exchange, ice, night crawler bait, lottery, and a nice selection of adult beverages. High-speed Spectrum Internet and natural gas are additional amenities, the owner currently uses a wood boiler for heating with natural gas as a backup. A wood shed is located in the back for storage, along with a large detached garage. There is plenty of parking and a spacious yard that offers room to expand and explore additional business opportunities such as party rentals, food truck events, outdoor activities, or other creative ideas?the possibilities are endless. The included beer trailer currently rents for $225 per weekend. In addition to the storefront business, the property offers two 2-bedroom upper-level apartments that are currently rented, providing additional rental income. There is also a third 2-bedroom main-floor apartment that is currently being used by the business as office space, storage, and kitchen prep. The store is open seven days a week and currently operates with four part-time employees. There is a 25x23 detached garage with concrete floor & power for additional storage. Recent updates include a roof that is approximately 14 years old, windows that have been updated within the past 3?5 years (with the exception of two), and updated garage doors. With an established customer base, multiple income streams, and plenty of room for future growth, Flat Rock Grocery offers an exciting opportunity to own a long-standing community business and build upon its success.

Square FeetSize

3432

Year Built

1982

PROPERTY DETAILS

3703 county 416 20th, gladstone, MI 49837

Overview

    Sale Price: $500,000 Size: 3,432 sq.ft. Acreage: 0.84 est. Year Built: 1982 Property Type: Business Status: Active MLS#: 50218902

Location & Schools

    City: escanaba twp Post Office: gladstone

Tax, Fees & Legal

    Est. Summer Taxes: $1,068 Est. Winter Taxes: $2,858

Property Location

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3703 county 416 20th
escanaba twp, MI 49837


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LISTING AGENT

JAMIE BEAVER

KEY REALTY DELTA COUNTY LLC

906-399-9033

Office Location
KEY REALTY DELTA COUNTY LLC
928 n. lincoln road
escanaba, MI 49829


AGENT'S OTHER LISTINGS

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