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3703 County 416 20th Road Gladstone, MI 49837
3,432 SqFt
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $145
Subdivision Mi
MLS Listing ID 50218902
Year Built 1982
Annual Tax Amount $3,925
Tax Year 2025
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions 170x265
Property Sub-Type Business
Property Description
Business opportunity you won't want to pass up! The Flat Rock Grocery is a true local staple that has been serving the community for many generations. This established convenience store is stocked and equipped with everything you need, whether customers are stopping for gas, a few grocery items, household supplies, or a quick treat like freshly scooped ice cream. The property features unleaded gasoline and diesel fuel pumps, propane tank exchange, ice, night crawler bait, lottery, and a nice selection of adult beverages. High-speed Spectrum Internet and natural gas are additional amenities, the owner currently uses a wood boiler for heating with natural gas as a backup. A wood shed is located in the back for storage, along with a large detached garage. There is plenty of parking and a spacious yard that offers room to expand and explore additional business opportunities such as party rentals, food truck events, outdoor activities, or other creative ideas—the possibilities are endless. The included beer trailer currently rents for $225 per weekend. In addition to the storefront business, the property offers two 2-bedroom upper-level apartments that are currently rented, providing additional rental income. There is also a third 2-bedroom main-floor apartment that is currently being used by the business as office space, storage, and kitchen prep. The store is open seven days a week and currently operates with four part-time employees. There is a 25x23 detached garage with concrete floor & power for additional storage. Recent updates include a roof that is approximately 14 years old, windows that have been updated within the past 3–5 years (with the exception of two), and updated garage doors. With an established customer base, multiple income streams, and plenty of room for future growth, Flat Rock Grocery offers an exciting opportunity to own a long-standing community business and build upon its success.
Location
State MI
County Delta
Area Escanaba Twp (21009)
Zoning Commercial
Interior
Heating Boiler, Hot Water
Exterior
Parking Features Parking Lot
Roof Type Shingles
Building
Foundation Basement, Slab
Water Drilled Well
Structure Type Vinyl Siding
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KEY REALTY DELTA COUNTY LLC
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