Wednesday, November 29, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Real Estate

More Than Just Real Estate: Local Businesses Hit The Market

MtR by MtR
June 11, 2021
in Real Estate
0
More Than Just Real Estate: Local Businesses Hit The Market


As the region’s economy continues its upward climb, more business opportunities emerge, including several established businesses now on the market. The Ticker explores…. 

Interested in cleaning up? Do it with a landmark Traverse City business. Eastfield Commercial Laundry and Laundromat is for sale for $1,999,999. With the owner retiring, the turnkey businesses and real estate are being sold all together with all inventory, machines, and training included. The washers and dryers have credit card readers, allowing customers to use cards or change, an option most laundromats don’t offer.

Tom Krause of Krause Realty Solutions is representing the owner, Jim Lagato. Lagato bought it after retiring from the phone company. He had begun working part-time for a local construction company to keep himself busy and was laid off when he saw an ad for the laundromat. “I looked into it and bought it. I don’t hunt, I don’t fish, I work. Or I’d be bored stiff,” he says.

He went into it with a ten-year plan, and here he is 17 years later. “My problem is I expanded it,” he says, purchasing the two buildings next to the original Eastfield Laundry to run a commercial side. “I bought the Ben Franklin (building) for the commercial (laundry) and bought the middle one because it was in my way.” He may well fail at his second retirement, as he owns property and a 53,000 square foot building in Grawn, where he produces Mr. Jim’s Laundry Soap.

As popular as boating is right now, perhaps now is the time to consider the Interlochen Boat Shop. The business and its accompanying 11-plus acres are for sale for $1.6 million. It doesn’t sell boats per se, but if it’s got to do with being on the water, you’ll find it here: It’s a retail parts and Shore Station dealer and offers boat hoist delivery service, boat winterization and shrink-wrapping. The shop services boat owners on Green Lake, Long Lake, and Duck Lake and other local bodies of water.

The site offers other retail possibilities as well, with plenty of parking. Plus there are numerous sheds and outbuildings, hunting blinds, open field areas with some woods, and roads throughout. There’s even a three-bedroom mobile home with a deck, fenced-in yard and carport. The business is right off US Highway 31 just west of Interlochen. Lori O’Mara of Real Estate One is representing the owner.

If you’re eager to get into the restaurant business, you have options. One is McGee’s 31, on US31 just north of Chum’s Corner, for $1,015,000. It boasts seating for 140 with deck seating for another 60, and has been fully upgraded both inside and out to the tune of $200,000. Cosmetic upgrades indoors and out include paving the parking lot and adding digital signage. It’s on 1.93 acres, offering room for expansion.

Another option is That’sa Pizza, which has three locations: Hammond Road, Acme and North Long Lake Road. All three can be yours for $1,100,000. The business debuted in 1981 and has expanded over the years, proof of a loyal and growing clientele. The Hammond and Acme locations are primarily pick up or delivery, though they do have small dining areas. The Long Lake pizzeria has a Class C liquor license and a full dining room. 

Both of these restaurant opportunities are represented by William Malek of Michigan Business Advisors.

Or take a bite of the local Big Apple Bagels franchise. It opened in Traverse City in 1998 and has operated under the current ownership since January 2011. The Traverse City store has the highest sales of all stores since 2016 and is the first and only of the 71 shops in 22 states in the “Million Dollar Club,” exceeding $1 million in sales in 2019. It’s listed at $269,000. Andy Stireman of the Stireman Group at Coldwell Banker Schmidt Realtors is brokering the sale.

Another option is The Comfort Center. The two Traverse City locations of the furniture dealer are for sale for $6.5 million. The listing includes the full business, real estate, inventory, equipment, and work force. Both locations include large, fully stocked warehouses and ample parking. The rest is up to you. Mark Hagan at Coldwell Banker Schmidt Realtors is representing the seller.

Despite the name, Dockside 31 liquor store is not located next to the water – that would be its sister operation on West Bay – but it offers the same options as its namesake: Beer, wine, sandwiches, pizza, and don’t forget the jerky and hunter’s sausage. It’s on US-31 (hence the name) just north of and across the street from Turtle Creek Stadium. It is offered for $399,000, which includes the business and the building. The sale is being handled by James Francisco at the Francisco group.





Source link

Related articles

Golf Course Extension Road: A real estate hotspot in Gurugram – Money News

Golf Course Extension Road: A real estate hotspot in Gurugram – Money News

November 29, 2023
New Caledonia Passes Law Establishing Capital Gains Tax on Real Estate, Solidarity Contribution

New Caledonia Passes Law Establishing Capital Gains Tax on Real Estate, Solidarity Contribution

November 29, 2023

Related Posts

Golf Course Extension Road: A real estate hotspot in Gurugram – Money News

Golf Course Extension Road: A real estate hotspot in Gurugram – Money News

by MtR
November 29, 2023
0

Positioned at the nexus of development and urbanization, Golf Course Extension Road in Gurugram has emerged as one of the...

New Caledonia Passes Law Establishing Capital Gains Tax on Real Estate, Solidarity Contribution

New Caledonia Passes Law Establishing Capital Gains Tax on Real Estate, Solidarity Contribution

by MtR
November 29, 2023
0

The New Caledonian Congress Nov. 10 passed Law No. 2023-12, establishing capital gains tax on real estate and solidarity contributions....

news.com.au — Australia’s leading news site

news.com.au — Australia’s leading news site

by MtR
November 28, 2023
0

A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use...

Real estate firm targets Larson Commons for renovations – Cloquet Pine Journal

Real estate firm targets Larson Commons for renovations – Cloquet Pine Journal

by MtR
November 28, 2023
0

CLOQUET — A national real estate investment firm has cleared the first hurdle among many required to obtain funding for...

Aware Super has A$3.5bn to deploy in European real estate

Aware Super has A$3.5bn to deploy in European real estate

by MtR
November 28, 2023
0

The Australian superannuation fund has opened its London office and is actively recruiting for a local real estate portfolio manager....

Load More
  • Trending
  • Comments
  • Latest
Bank of England tells ministers to intervene on digital currency ‘programming’

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021
Tips for checking smoke alarms during daylight saving time

Tips for checking smoke alarms during daylight saving time

March 12, 2022
GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
What will Durham County education bonds pay for? A full list

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0
U.S. Visitor Visa Demands Are Still Overwhelming

U.S. Visitor Visa Demands Are Still Overwhelming

November 29, 2023
Tech Mahindra Stocks Live Updates: Tech Mahindra Sees 1.44% Increase in Value Today, 3-Year Returns at 39.12%

Tech Mahindra Stocks Live Updates: Tech Mahindra Sees 1.44% Increase in Value Today, 3-Year Returns at 39.12%

November 29, 2023
S&P 500 futures flirt with four-month highs as bonds rally afresh

S&P 500 futures flirt with four-month highs as bonds rally afresh

November 29, 2023
November 29, 2023 – Forbes Advisor

November 29, 2023 – Forbes Advisor

November 29, 2023

Recent News

U.S. Visitor Visa Demands Are Still Overwhelming

U.S. Visitor Visa Demands Are Still Overwhelming

November 29, 2023
Tech Mahindra Stocks Live Updates: Tech Mahindra Sees 1.44% Increase in Value Today, 3-Year Returns at 39.12%

Tech Mahindra Stocks Live Updates: Tech Mahindra Sees 1.44% Increase in Value Today, 3-Year Returns at 39.12%

November 29, 2023
S&P 500 futures flirt with four-month highs as bonds rally afresh

S&P 500 futures flirt with four-month highs as bonds rally afresh

November 29, 2023

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter