Chatham MI Commercial for Sale
$490,000
N3011 M67 Limestone, MI 49816
- Type:
- Business Opportunities
- Sq.Ft.:
- 2,298
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.94 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 50144850
ADDITIONAL INFORMATION
Expanding a country store that already has a solid business foundation and visibility on a main highway presents numerous opportunities for growth. With an established deli and full kitchen, there's potential to expand the menu. Utilizing the digital sign effectively can promote daily specials or events to catch the eye of passersby. Moreover, the existing computer and security systems ensure that the business is well-equipped to handle increased traffic and transactions. Additionally, the rental cabin could be marketed as part of a local experience, perhaps offering packages that include food from the deli. Gas sales get traffic to the door and the beer cave too! Store was remodeled in 2014 so the main items are done but you would have some minor finishes and repairs to complete. U-Haul rental service currently on site is a separate entity which could be continued upon buyer approval through U-Haul. Basement & garage work great for overflow storage. Liquor license included. Centrally located between Escanaba, Marquette and Munising.
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Chatham Real Estate
The median home value in Chatham, MI is $161,700. This is higher than the county median home value of $158,200. The national median home value is $338,100. The average price of homes sold in Chatham, MI is $161,700. Approximately 50.49% of Chatham homes are owned, compared to 13.59% rented, while 35.92% are vacant. Chatham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chatham real estate agent to arrange a tour today!
Chatham, Michigan 49816 has a population of 160. Chatham 49816 is less family-centric than the surrounding county with 19.5% of the households containing married families with children. The county average for households married with children is 19.92%.
The median household income in Chatham, Michigan 49816 is $51,250. The median household income for the surrounding county is $48,822 compared to the national median of $69,021. The median age of people living in Chatham 49816 is 41.8 years.
Chatham Weather
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 34.9 inches per year, with 156.2 inches of snow per year.