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1011 E Michigan 4,701 SF 100% Leased Retail Building Ypsilanti, MI 48198 $800,000 ($170.18/SF)



INVESTMENT HIGHLIGHTS
- Situated in a high-traffic area with excellent visibility, making it ideal for retail business opportunities
- Numerous opportunities for growth, including increasing product selection, marketing initiatives, and delivery services
- Fully equipped and ready for a new owner, this property includes a well-established liquor store with over 20 years of successful operation
EXECUTIVE SUMMARY
**A&W Liquor Store Business with Real Estate for Sale**
**Location:** Ypsilanti, Michigan
**Business & Real Estate Opportunity!**
An exceptional opportunity to own a well-established liquor store with real estate in Ypsilanti, Michigan. The business has been successfully operating for over 20 years, and the owner is now looking to retire, creating a rare investment opportunity.
### **Business Highlights:**
- **Revenue:**
- 2021: $898.24K
- 2022: $859.44K
- 2023: $758.2K
AVERAGE for 3 YEARS: $838.33
- **Rental Income:** Generating an additional $10,000 annually.
- **Customer Flow:** Steady and loyal customer base with strong foot traffic.
- **Growth Potential:** Numerous expansion opportunities, including increasing product selection, marketing initiatives, and delivery services.
### **Why Invest?**
- **Prime Location:** Situated in a high-traffic area with excellent visibility.
- **Turnkey Operation:** Fully equipped and ready for a new owner.
- **Real Estate Included:** Own the property, eliminating lease concerns.
- **Established Business:** Over two decades of successful operation with a strong community presence.
- **Expansion Opportunities:** Potential for growth through online sales, promotional events, and strategic partnerships.
This is a unique chance to acquire a thriving liquor store with real estate in a promising market. Serious inquiries only. Contact us today for more information!
**Location:** Ypsilanti, Michigan
**Business & Real Estate Opportunity!**
An exceptional opportunity to own a well-established liquor store with real estate in Ypsilanti, Michigan. The business has been successfully operating for over 20 years, and the owner is now looking to retire, creating a rare investment opportunity.
### **Business Highlights:**
- **Revenue:**
- 2021: $898.24K
- 2022: $859.44K
- 2023: $758.2K
AVERAGE for 3 YEARS: $838.33
- **Rental Income:** Generating an additional $10,000 annually.
- **Customer Flow:** Steady and loyal customer base with strong foot traffic.
- **Growth Potential:** Numerous expansion opportunities, including increasing product selection, marketing initiatives, and delivery services.
### **Why Invest?**
- **Prime Location:** Situated in a high-traffic area with excellent visibility.
- **Turnkey Operation:** Fully equipped and ready for a new owner.
- **Real Estate Included:** Own the property, eliminating lease concerns.
- **Established Business:** Over two decades of successful operation with a strong community presence.
- **Expansion Opportunities:** Potential for growth through online sales, promotional events, and strategic partnerships.
This is a unique chance to acquire a thriving liquor store with real estate in a promising market. Serious inquiries only. Contact us today for more information!
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,701 SF
Building Class
B
Year Built
1979
Price
$800,000
Price Per SF
$170.18
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
B-3, Ypsilanti - General Business District
Parking
25 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
123’ on E MIchigan Ave
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-10-205-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $185,900 |
PROPERTY TAXES
Parcel Number
11-10-205-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$185,900
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1011 E Michigan
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