The Silver Lining

BUSINESS FOR SALE

INCLUDES REAL ESTATE

Are you ready for a new adventure or want to expand your own business?!

Own a piece of rural Americana with the purchase of this turnkey business, a combined boutique and wine tasting room, the first of its type in the State of Michigan. Owners are retiring.

This well-established northern Michigan business opportunity (18+ years) has a positive cash flow and includes a historic two story brick building built in 1899, complete with the original tin ceiling. Current owners are the third building owners since 1899. The 2^nd story provides rental income from two apartments (recently remodeled) with long term apartment residents. The upper floor apartments include, a 2 and a 3 bedroom with central air, dishwasher and more. The common area includes a coin operated washer and dryer.

The winery tasting room is owned and operated by the sellers through a business relationship with one of Michigan’s most popular wineries, featuring over twenty varieties of locally made Michigan wine which is available for tasting and retail sales.

There is room for growth in the rear area of an attached building or a possible rental space. The outside rear of the building property has two yards that could be used to create a seasonal outdoor wine tasting area, cigar lounge, or both.

Sale comes with displays, setups, furnishings and equipment to operate the business. Boutique inventory will be settled separately and has multiple product lines, including purses, sterling silver jewelry, premium cigars, home décor, Michigan made delicacies and much more. Owner/operators are willing to stay on as consultants during the transition.

The business has an excellent reputation and is located on main street in the very heart of a Victorian downtown with great corner exposure. There is main street parking, side street parking immediately next to the building and a public parking lot directly behind the building.

The Downtown community is a progressive walkable community with a theater, multiple retail and service businesses and eleven eateries including a microbrewery. All within a short walk.

Building Stats: Square Footage is Approximate

Square footage lower: Main Building Retail Space 2556                 

Square footage upper: 2556 including stairwell

Attached Building: 732 Sq Ft

Total Building Square Footage: 5844

Three Bedroom2 bath apt: 1100     Two bedroom 1 bath apt: 900

Building is made from Chicago brick which was renovated in 2007 by brick restoration experts.

Lower floor has main street entrance with two rear service doors.

Upper floor apartments have front and rear entrances and a common area with coin operated laundry.

Merchandising area includes two large front/side facing display windows, a separate wine tasting area which includes a seating area and bar and plenty of product display area.

Attached building has a furnished office area and outside entrance.

Contact the seller at 586-530-8334                                                                                   $599,000

Option to buy building separately.                                                                                                                                    

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