Are you looking to invest in something with existing stabilized cashflow that has the infrastructure in place to be able to expand with the right dreams and right ideas? Currently priced at an attractive 11.49% cap rate this quiet almost 11 acre mobile home park with 5 park owned homes (POH) of varying years and 4 tenant owned homes (TOH) is setup for success and ease of operation for the new owners. With the ability to expand to upwards of 25+ total rentable lots this place has it all for the dreamer and developer. While being quiet, it also includes a 350' width of some of the only commercially zoned land on US 2 in the township. The commercial property has not been developed by the current owners, but the possibilities are endless! The park has seen several updates throughout the last few years including major water line repairs & electrical updates. The park is supplied by township utilities including trash pickup, water & sewer. DTE provides natural gas and all units are individually metered. Water meter is split, but all units have individual shutoffs for service. There are currently 4 lots ready for homes to be placed, providing additional income with very little effort. There are a total of 13 rentable lots as the park is currently equipped. The POH homes either are affixed to the property or include titles with the sale. Model years are 2x 2024, 2x 1990s, 1x 1970s. All of the older mobile homes have seen total rehabs in the last 2-3 years. Including new floors, new insulation, new drywall, new paint, new roof(s), new windows the list goes on and on! All park owned homes have existing leases in place. All tenant owned homes are either under lease or month to month. Rent roll provided only to pre-approved buyers. Average lot rent $300. There is also a 20x30 garage with power located in the southern middle of the property to be able to store all maintenance items on site for ease of use. With the possibility of on-site management as well as maintenance this makes a great investment for either the savvy remote entrepreneur, or the first time investor! *Beds/Baths are total of park owned homes **Square feet is estimate of park owned homes. Listing agent is an owner and operator of this property. They are licensed in the state of Michigan.
Prime Turnkey Bakery & Café in Excellent Location! Donâ??t miss this rare opportunity to own a fully operational bakery and café with endless potential. Featuring a warm, inviting atmosphere and a loyal customer base, this property is ready for new ownership with all furnishings and equipment included. The layout is designed for efficiency and charm, with both dine-in seating and grab-and-go options to maximize revenue streams. Highlights: Fully furnished and equipped commercial kitchen â?? ready for immediate operation Updated interior with cozy café seating and display areas Prime location with high visibility and steady foot traffic Off-street parking for convenience Proven business with growth opportunities (extended hours, catering, or specialty offerings) This turnkey property offers an ideal setup for entrepreneurs looking to step into an established business model or rebrand with their own vision.
Hereâ??s your chance to own an established well-known business in the heart of Crystal Falls, Michigan. Charlie's Emporium, an iconic antique and collectible consignment store, fills over 19,000 square feet of prime retail space. The sale includes two adjoining historic buildings offering 7,800 square feet on the main level, 4,338 square feet on the second floor, and an additional 7,800 square feet in the walkout lower level with alley access. Majestic staircases and timeless charm throughout add to the appeal of this expansive property. Additionally, the 82x30 unfinished exposed brick loft with a separate entrance presents an excellent opportunity for conversion into income-producing living space. This is a rare opportunity to acquire a business with incredible potential, offering current operational space and room for further development. The buildings are being sold together. Donâ??t miss out on this unique investment opportunity.
Crystal Falls is located in Michigan. Crystal Falls, Michigan has a population of 1,734. Crystal Falls is more family-centric than the surrounding county with 19.29% of the households containing married families with children. The county average for households married with children is 13.34%.
The median household income in Crystal Falls, Michigan is $52,552. The median household income for the surrounding county is $45,792 compared to the national median of $69,021. The median age of people living in Crystal Falls is 44.8 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 0.7 degrees. The average rainfall is approximately 29.6 inches per year, with 61.6 inches of snow per year.
