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321 State St 2,000 SF Retail Building Saint Joseph, MI 49085 $599,900 ($299.95/SF)
Executive Summary
Exceptional opportunity to acquire an established winery tasting room business in the heart of the City of St. Joseph’s downtown district. Located in one of Southwest Michigan’s most recognized beach towns, approximately 90 miles from Chicago, this location benefits from strong tourism traffic, local loyalty, and consistent seasonal activity.
The business has operated for more than 10 years with a history of steady growth in Michigan’s thriving wine region. The brand features a long standing wine club with more than 400 members and approximately 19,000 annual visitors, providing built in recurring revenue and strong customer retention.
The tasting room occupies approximately 2,000 square feet and has been recently remodeled. The space includes a custom built tasting bar, tables, two ADA compliant restrooms, central air, natural gas forced air heat, and a full basement for storage. The business is situated within a designated Michigan Social District, allowing expanded customer engagement and additional annual revenue potential.
The current lease runs through December 31, 2031 with an option to renew for an additional 10 years, subject to landlord approval of lease transfer. This provides long term location stability in a highly desirable downtown corridor.
Included in the sale are the business name, trademark, logo, tasting room furniture and fixtures, leasehold interest, and proprietary brand assets. Inventory is negotiable.
The sale does not include the real estate, liquor license, production building, or production equipment. The off premise tasting room license is tied to a parent Small Winery or Small Distillery license and is not transferable. Continued operation as a tasting room would require relicensing under a qualifying parent license.
This offering presents a rare chance to acquire an established hospitality brand with proven traffic, membership base, and long term lease security in the City of St. Joseph’s premier downtown setting.
The business has operated for more than 10 years with a history of steady growth in Michigan’s thriving wine region. The brand features a long standing wine club with more than 400 members and approximately 19,000 annual visitors, providing built in recurring revenue and strong customer retention.
The tasting room occupies approximately 2,000 square feet and has been recently remodeled. The space includes a custom built tasting bar, tables, two ADA compliant restrooms, central air, natural gas forced air heat, and a full basement for storage. The business is situated within a designated Michigan Social District, allowing expanded customer engagement and additional annual revenue potential.
The current lease runs through December 31, 2031 with an option to renew for an additional 10 years, subject to landlord approval of lease transfer. This provides long term location stability in a highly desirable downtown corridor.
Included in the sale are the business name, trademark, logo, tasting room furniture and fixtures, leasehold interest, and proprietary brand assets. Inventory is negotiable.
The sale does not include the real estate, liquor license, production building, or production equipment. The off premise tasting room license is tied to a parent Small Winery or Small Distillery license and is not transferable. Continued operation as a tasting room would require relicensing under a qualifying parent license.
This offering presents a rare chance to acquire an established hospitality brand with proven traffic, membership base, and long term lease security in the City of St. Joseph’s premier downtown setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
1960
Price
$599,900
Price Per SF
$299.95
Tenancy
Single
Building Height
1 Story
Zoning
commercial - Commercial Improved
Frontage
66’ on Broadway and State Street
Amenities
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (87)
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-76-0170-0001-00-2 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $222,400 |
Property Taxes
Parcel Number
11-76-0170-0001-00-2
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$222,400
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