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300 6th St
Calumet, MI 49913
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to buy their business and participate in it's future growth.
- Includes an operational café, brewery, and lodging units with existing income streams.
- Brewery highlights: 3.5-barrel PICO system, four core beers, occasional seasonals, community sponsorships.
- New security camera system, Roof replacements on warehouse and dormers and Refreshed penthouse suite.
- Business owners are planning retirement, offering support for transition including consultation and financing guidance.
EXECUTIVE SUMMARY
Owners want to retire, so this is an opportunity to buy their business and participate in it's future growth. With all that is happening in the Village of Calumet, the Downtown Historic District is where you will want your business to be. The Michigan House Cafe' & Red Jacket Brewing Co. along with apartment rentals located in upper floors provide an opportunity to build your business future. In the center of the Keweenaw Peninsula, these businesses are located well to serve all those who enjoy the area: snowmobiling, ATV touring, visiting historic sites, skiing, biking, rock hounding and much more. Learn more about the area: www.visitkeweenaw.com https://www.keweenaw.org/ https://www.nps.gov/kewe/ This business successfully survived the Covid-19 Pandemic. After years in business, the Owners are now ready to retire and want a great successor. They will support the Buyer with consultation and financial tools during transition.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,300 SF
Building Class
C
Year Built
1905
Price
$850,000
Price Per SF
$63.91
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.35
Lot Size
0.13 AC
Zoning
c1 - Commercial
Parking
7 Spaces (0.53 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 041-130-012-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $54,561 |
PROPERTY TAXES
Parcel Number
041-130-012-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,561
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