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9875 S Dixie Hwy 8,000 SF 100% Leased Retail Building Erie, MI 48133 $2,000,000 ($250/SF)
INVESTMENT HIGHLIGHTS
- Exceptional Business Versatility (The "Triple Threat") 3 business in 1, grocery store, liquor store, and hot food.
EXECUTIVE SUMMARY
Here is an outstanding opportunity to acquire a well-established community anchor, the Erie IGA Grocery, Mini Supermarket, and fully-stocked Liquor Store. This sale includes a profitable, multi-faceted operation, serving as a full-service mini-supermarket, a dependable neighborhood grocery, and a convenient, licensed liquor store (Liquor/Beer/Wine, subject to license transfer). Situated on high-traffic S. Dixie Highway, ensuring consistent local and transient customer flow. A long-standing fixture in the Erie community with a loyal customer base. The store offers essential groceries, a fresh meat department (known for its bundles), produce, and dairy.
Step into a fully equipped and operational business with established inventory and systems. Ideal for owner-operators or investors looking for a secure business with multiple income streams in a strong community setting!
Step into a fully equipped and operational business with established inventory and systems. Ideal for owner-operators or investors looking for a secure business with multiple income streams in a strong community setting!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1960/2015
Price
$2,000,000
Price Per SF
$250
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
1.60 AC
Zoning
C-TC - Zoning: Town Center District (Commercial)
Frontage
324’ on Dixie
AMENITIES
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
- Backup Power / Generators
PROPERTY TAXES
| Parcel Number | 05-008-019-00 | Total Assessment | $184,100 (2025) |
| Land Assessment | $31,395 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $152,705 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05-008-019-00
Land Assessment
$31,395 (2025)
Improvements Assessment
$152,705 (2025)
Total Assessment
$184,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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9875 S Dixie Hwy
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