Retail Store - Cheboygan, MI
Two downtown storefronts (total retail space 2500 square feet) plus four leased apartments located across the street from Cheboygan River in the downtown retail, restaurant, and residential corridor of Cheobygan. Incredible income property valued at over $350,000 on a capitalization rate of 10%. Large approx 4000 square foot warehouse in back could be leased to another business or rented for storage. Current storefront has been a retail clothing store for nearly twenty years. Great location for a bar or a brewery.
Would you like more information regarding this property?
Please call (231) 946-4404.
Data Provided by:
Northern Great Lakes Realtors MLS