$250,000
$250,000
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1,376 SqFt
SOLD DATE : 08/30/2023
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 1,376 sqft
Price per Sqft $181
Subdivision Village Of Otter Lake Original Plat
MLS Listing ID 20221047507
Sold Date 08/30/23
Originating Board Realcomp II Ltd
Year Built 1940
Annual Tax Amount $673
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100.00 x 100.00
Property Description
The liquor license is transferrable anywhere in Lapeer County, so you can buy the whole store and move the license if you need to. This amazing little liquor store that is located in the heart of Otter Lake is ready for an owner operator to get in here and keep the operation going. The store itself is very profitable, and has the potential to increase the profits by adding more vapes, and also by increasing the inventory. The store is very cash flow positive and makes money consistently every single year its been open. The current owner works about 33 hours per week. The price of the license and the cost of the building are worth at least the listing price! Please do not approach employees or speak to anyone there.
Location
State MI
County Lapeer
Area Otter Lake Vlg
Zoning Commercial
Direction Genessee and 11th Street
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Level or Stories 1 Story
Structure Type Aluminum
Schools
School District Lakeville
Others
Tax ID 04761300300
Ownership Short Sale - No,Private Owned
Assessment Amount $110
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with New Michigan Realty, LLC