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$479,000
Est. payment /mo
3,005 SqFt
Active
1450 Jefferson Road Harrison, MI 48625 9412
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,005 sqft
Price per Sqft $159
Subdivision Mi
MLS Listing ID 60975750
Annual Tax Amount $4,550
Lot Size 2.500 Acres
Acres 2.5
Lot Dimensions 325x324
Property Sub-Type Commercial/Industrial
Property Description
A rare opportunity offering an entrepreneur or business owner to establish a thriving business in a proven location! The Harrison area serves as a regional hub for surrounding lake and recreational communities, supporting convenience retail demand and seasonal traffic. This site is positioned to capture local commuter trips and destination travel between nearby communities and recreation nodes. The large parcel provides flexibility for improved access, circulation, and future improvements. Investment highlights: Fee simple real estate plus business offering at an accessible basis for owner-operators and small multi-store buyers. Large 2.5-acre commercial site provides expansion and alternative-use optionality (additional retail footprint, pads, storage, parking, or redevelopment subject to approvals). Fuel supply agreement with remaining term provides continuity; reported margin supports near-term cash flow stability. Established local convenience retail presence serving surrounding lake-area communities (regional draw supports seasonal demand). Clear category demand drivers present in current mix (lottery and tobacco) that can be leveraged to increase basket size and trip frequency. Operation Considerations for Further Development: Convert absentee-owner operations to owner-operator or professional management to improve labor efficiency and scheduling and shrink and inventory controls. Merchandising standards and in-store execution: implement tighter purchasing discipline and margin management by category (especially tobacco, beverage, and packaged snacks). Merchandising & margin expansion: expand high-margin programs appropriate for a small format, i.e., coffee and fountain, prepared grab-and-go offerings scaled to footprint, localized seasonal sets (outdoor, lake, and travel essentials) Fuel volume growth: improve roadside visibility, pricing discipline, and forecourt execution to increase gallons from a low current base (117,000 gallons annually, 2024). Site expansion/redevelopment: excess land supports opt
Location
State MI
County Clare
Area Harrison (18019)
Zoning Commercial
Building
Foundation Crawl
Water Public Water
Structure Type Wood
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by LPT Realty, LLC
NEARBY SCHOOL & BUSINESS
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