M-55 Market | 17275 Caberfae Hwy
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M-55 Market 17275 Caberfae Hwy
2,628 SF Retail Building Wellston, MI 49689 $531,551 CAD ($202 CAD/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.
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.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
$531,551 CAD
Price Per SF
$202 CAD
Building Height
1 Story
Building FAR
0.03
Land Acres
1.75 AC
Zoning
Commercial - Commercial Zoned District
Parking
20 Spaces
Frontage
200 ft 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
PROPERTY TAXES
| Parcel Number | 10-112-375-07 | Total Assessment | $72,008 CAD (2024) |
| Land Assessment | $0 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
10-112-375-07
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$72,008 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2023
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Keller Williams Grand Rapids
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M-55 Market | 17275 Caberfae Hwy
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