So many possibilities with this commercial property that has a single wide mobile, 2 stall garage and commercial property that was a former party store. Close to Merritt Speedway, on busy M-55. Purchase for your new business and live in the mobile for low overhead.
Check out this great business opportunity! The Merritt Auction House has been a staple in this community for years and is looking for a new owner. This ideal location provides plenty of visibility to the public being located on M-55, a main highway connecting travelers to the northwest side of the state. The restaurant is being sold with all the contents, including tables, chairs, kitchen equipment, etc. Liquor license and To-Go license are included in the sale. Includes almost 4 acres on the corner of M-55 and S. Merritt Rd. The possibilities are endless inside with over 4100 sqft including a dining area, bar area, men's & women's bathrooms, fully stocked kitchen, rec area with pool table, 3 separate entrances for the public, and private kitchen entrance in the back. This site has also been evaluated and approved for a gas station or convenient store. The updated septic system is suitable for a large expansion that would allow for a gas station/truck stop along with the bar/restaurant. Land contract option available.
The median home value in Merritt, MI is $315,000. This is higher than the county median home value of $134,600. The national median home value is $338,100. The average price of homes sold in Merritt, MI is $315,000. Approximately 81.91% of Merritt homes are owned, compared to 9.57% rented, while 8.52% are vacant. Merritt 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 Merritt real estate agent to arrange a tour today!
Merritt, Michigan has a population of 1,391. Merritt is more family-centric than the surrounding county with 31.45% of the households containing married families with children. The county average for households married with children is 23.5%.
The median household income in Merritt, Michigan is $70,714. The median household income for the surrounding county is $52,510 compared to the national median of $69,021. The median age of people living in Merritt is 44.6 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 33.2 inches per year, with 41.3 inches of snow per year.