Liquor Store - College Town, Washtenaw County, Asking $449,999
Located in The Heart of a Large College Campus - 3 additional properties available!
College Town Liquor Store!
Washtenaw County, MI
Seller Financing Available
Asking Price: $449,999
Cash Flow: N/A
Gross Revenue: $1,470,889
Real Estate: $400,000*
*not included in asking price.
Washtenaw County Liquor Store with Great Rental Income! ON A COLLEGE CAMPUS!
Great Opportunity in a Fantastic Area!
Gross Revenue for Liquor store $1,470,889 (2020)
Lottery Commission 2020 $47,182 (2020)
A total of FOUR different properties available! BUY ALL FOR $1,324,999!!! Below will give you the breakdown -
Business - $449,999
Real Estate for Business - $400,000
Residential Home - $175,000
Restaurant - $250,000
Vacant Lot - $50,000
Seller has worked on plans to develop the site into a gas station and 14 apartments. This is located in the heart of CAMPUS.
Business - Includes Opportunity for High Volume Liquor Store $450,000 if purchased without Real Estate.
Liquor Store Property $400,000. Can not be purchased without Business.
Additional property of currently leased carry out restaurant generating rental income of $2,500 monthly
Additional Property of currently leased residential home generating rental income of $1,350 monthly
Also a Vacant Lot
Location: Washtenaw County, MI
Inventory: Not included in asking price
Real Estate: Owned - Not included in asking price
Building SF: N/A
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Stand alone building with established Liquor Stores in great area. Walking distance to area college campus!
Competition: This is one of the few liquor store on CAMPUS! GREAT PARKING!
Growth & Expansion: This store is run completely absentee. The owner had plans to expand and build a gas station on the property and build additional apartments.
Financing: $450,000 Down Payment, Amortized for 120 month @ 6%, Balloon at 60 months
Support & Training: Seller will be available to train for Liquor store for 14 days.
Reason for Selling: Relocation