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M-55 Market 17275 Caberfae Hwy 2,628 SF Retail Building Wellston, MI 49689 $375,000 ($142.69/SF)
Investment Highlights
- 4100+ ADTC
- Freshly cut meat
- Convenience store
- Famous bratwurst
- Beer & Wine
- Close to lots of inland lakes & activities
Executive Summary
Successful company in northern Michigan between Manistee & Cadillac. Conveniently located on high traffic highway. The area is known for great golf, skiing, Little river casino, Tippy dam, & lots of awesome inland lakes.
So much upside to grow the business including expanding into somewhat unused square footage, media presence, increasing parking with the lot and house that comes with the sale right next door. Installing gas pumps, toy rentals, like tubes, canoes, and bikes, or installing an ice cream window.
Sales are up year to date over 2024, and the seller continues to improve the building by investing in new compressors & an awning.
So much upside to grow the business including expanding into somewhat unused square footage, media presence, increasing parking with the lot and house that comes with the sale right next door. Installing gas pumps, toy rentals, like tubes, canoes, and bikes, or installing an ice cream window.
Sales are up year to date over 2024, and the seller continues to improve the building by investing in new compressors & an awning.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
2,628 SF
Year Built
1949
Price
$375,000
Price Per SF
$142.69
Building Height
1 Story
Building FAR
0.03
Lot Size
1.75 AC
Zoning
Commercial - Commercial Zoned District
Parking
20 Spaces (7.61 Spaces per 1,000 SF Leased)
Frontage
200’ on Caberfae Hwy
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
About 17275 CABERFAE HWY , WELLSTON, MI 49689
Sale includes additional lot with existing home
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 10-112-375-07 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $69,300 |
Property Taxes
Parcel Number
10-112-375-07
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$69,300
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Contact the Sale Advisor
M-55 Market | 17275 Caberfae Hwy