For Sale
$349,999

Liquor Store In Wayne County Allen Park, MI 48101

Profitable Liquor Store, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
138
This established Allen Park, MI liquor store, operating for 30 years, presents a fantastic investment opportunity. The 2,040 sq ft freestanding building sits on a 0.25-acre lot with 9 parking spaces, enjoying high visibility on a busy four-lane road. Recent improvements include a new roof ($9,000) and new cooler compressors ($10,000). The current owner is retiring and offers training to a qualified buyer. The business operates with one full-time and two part-time employees, currently maintaining hours of Monday-Thursday 10 am-10 pm, Friday-Saturday 10 am-12 am, and Sunday 12 pm-10 pm. Significant growth potential exists through extended hours, added services (like check cashing), and increased advertising. The asking price is $349,999, and financing is negotiable with 30% down. The current NNN lease is $2,500/month, with annual insurance at $4,300 and taxes at $5,700. Inventory is not included in the asking price. The closest competition is half a mile away. This turnkey operation is ready for a new owner to step in and capitalize on its established success.

Highlights

  • Location: Wayne County, MI
  • Inventory: Not included in $349,999 asking price
  • Building Size: 2,040 sq ft freestanding building on 0.25-acre lot with 9 parking spaces
  • Employees: 1 full-time, 2 part-time
  • Facilities: High-visibility location on busy four-lane road. Recent improvements include new roof and cooler compressors.
  • Competition: Closest competitor is 0.5 miles away.

Property Details for 0 Liquor Store In Wayne County

Property type
Retail properties, Bars
Square Feet
2,040 SF
Year Built
1979
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Allen Park
County
Wayne
State
Michigan
Latitude
42.2427186
Longitude
-83.2184763

FAQs

What type of property is this?
Retail property - Profitable Liquor Store, High Visibility
Where is the retail property located?
The property is located at Liquor Store In Wayne County Allen Park, MI.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Location: Wayne County, MI; Inventory: Not included in $349,999 asking price; Building Size: 2,040 sq ft freestanding building on 0.25-acre lot with 9 parking spaces
How can I contact the broker?
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0 Liquor Store In Wayne County
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