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3504 Palms Rd

5,858 SF 100% Leased Retail Building Casco, MI 48064 $750,000 ($128/SF)

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Investment Highlights

Convenience Store: 2,266 sq. ft. first-floor retail space offering craft beer, fine wine, premium imported liquor, lottery, and more.
Auxiliary Space: Additional 1,326 sq. ft. light industrial building for expanded revenue opportunities.
1.2-acre corner lot with high visibility and accessibility.

Residential Income: 2,266 sq. ft. fully leased second-floor residential apartment for steady rental income.
Combined Space: A total of 5,212 sq. ft. of income-generating potential across all facilities.
Established 1960s. Operating successfully for over 60 years!

Executive Summary

Adair Market Convenience Store - A Rare Opportunity to Own a Long-Standing Business and Real Estate! This Historic property, operating successfully for over 60 years, presents an unparalleled investment opportunity at an attractive price of $749,900. Located on a 1.2-acre corner lot, this turnkey business includes a thriving convenience store (2,266 sq. ft.) offering craft beer, fine wine, premium imported liquor, lottery, and more. Additionally, the property boasts a fully leased 2,266 sq. ft. residential apartment unit on the second floor, providing steady rental income, and an auxiliary 1,326 sq. ft. light industrial building for added potential. All situated on a prime 1.2-acre corner lot with a combined total of 5,858 sq. ft. of operational space. .. Inventory Sold Separately...FINANCIALS & SHOWING REQUIREMENTS: Subject to Signed NDA required prior to release of financial details or showing-approval. CONTACT LISTING BROKER for further details—DO NOT approach the seller directly!

ADAIR MARKET BROCHURE

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

5,858 SF

Building Class

Year Built

1960

Price

$750,000

Price Per SF

$128

Business Value

$750,000

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.11

Lot Size

1.21 AC

Zoning

AG - Commercial

Parking

15 Spaces (2.56 Spaces per 1,000 SF Leased)

Frontage

163 FT on Palms Road

Amenities

Corner Lot

Signage

Storage Space

Air Conditioning

About 3504 Palms Rd , Casco, MI 48064

ADAIR MARKET Convenience Store - Iconic Business & Real Estate Opportunity! The HISTORIC property, operating successfully for over 60 years, presents an unparalleled investment opportunity at an attractive price of $749,900.. Located on a 1.2-acre corner lot, this turnkey business includes a thriving convenience store (2,266 sq. ft.) offering craft beer, fine wine, premium imported liquor, lottery, and more.. Additionally, the property boasts a fully leased 2,266 sq. ft. residential apartment unit on the second floor, providing steady rental income, and an auxiliary 1,326 sq. ft. light industrial building for added potential income. With a combined total of 5,858 sq. ft. of operational space.....Inventory sold separately.....DO NOT APPROACH THE SELLER..... PLEASE CONTACT LISTING BROKER.