16421, Star Lake, Baldwin, MI, 49304
Basics
- Date added: Added 1 month ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 1
- Lot size: 2.27 sq ft
- Year built: 1950
- Bathrooms Full: 1
- Lot Size Acres: 2.27 acres
- Business Name: Mr. Bibs, LLC.
- Business Type: Other, Retail
- County: Lake
- MLS ID: 25012775
Description
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Description:
Prime Business Opportunity with Real Estate!
Show all description
Mr. Bibs is a beloved cornerstone of the Baldwin community, ideally situated near Big Star Lake and surrounded by a dozen other scenic lakes. This community-focused and thriving establishment offers groceries, liquor, tobacco, DNR licensing, gas, propane refill/exchanges, bait/tackle, ice cream, the best pizza in town, and ''blue bag'' trash disposal- just to name a few! As a dedicated staging area for snowmobilers and power sports enthusiasts, Mr. Bibs is a hub of activity year-round. Strong annual revenue, this business presents an exceptional investment opportunity. Included in the sale is an additional lot just under one acre, complete with electricity -perfect for extra parking, patron entertainment, summer concerts, water sport rentals, and more. Recent upgrades include expanded walk-in coolers and a freezer, enhancing efficiency and customer experience. Don't miss your chance to own this well-established business with limitless potential!
Location
- Directions: M-37 to West on 76th St. to S. Star Lake
Building Details
- Building Area Total: 2800 sq ft
- Number Of Units Total: 2
- Construction Materials: Metal Siding
- Heating: Forced Air, Heat Pump
- Building Features: Outdoor Storage
- Roof: Metal
- Foundation Details: Slab
- Number Of Buildings: 3
Amenities & Features
- Inclusions: Real Estate, Licenses, Furniture, Equipment
- Utilities: Cable Available, Phone Connected, Electricity Connected, Cable Connected, Propane
- WaterSource: Private Water
- Interior Features: Broadband
- Cooling: Ductless
Fees & Taxes
- Tax Assessed Value: $50,800
- Tax Year: 2024
- Tax Annual Amount: $2,300
- Gross Income: $743,004.33
- Maintenance Expense: $19,262.93
- Insurance Expense: $8,605.59
School Information
- High School District: Baldwin
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: W. Horizon Dr.
- Listing Terms: Conventional, Cash
