50126240

COM/IND/BUS OPP

Houghton

$1,995,000

4800 ($415.63 / SqFt)

Keweenaw Gem and Gift – A well known local gift shop which also has expansive reach into the rock and gem world throughout the United States! As the owners plan their retirement, they are seeking the next owner and operator of this successful business which has three sites of operation with the main retail/business office being in Houghton, rock production shop in Dollar Bay and bismuth and copper art production shop in Lake Linden. The Houghton store/office is 4,800+/- sf and has a prime location in Houghton on a corner lot near Wal-Mart, 2 hotels, restaurants, bowling alley and retail stores providing great traffic flow and exposure. The Dollar Bay workshop is 3,600+/- sf with various work areas including processing, painting, buffing/grinding, saw and crushing areas/rooms. The Lake Linden shop is 1,440+/- sf with production room, shipping and painting areas. Operations include wholesale and retail sales in Houghton, online sales and attending numerous shows throughout the year. Features on main listing apply to the Houghton site. Houghton: Lot dimensions: 102x246x29x46x100x93x84x189+/- Site Depth: Is estimated based on average. Dollar Bay: Approx. 0.71+/- acre, well & septic, natural gas forced air heat, 110 & 220 electrical, ventilation in painting rooms, air compressor piping to most work areas, 5.6+/- miles from Houghton store. Lake Linden: Apprx 0.45+/- acre, township water & sewer, natural gas forced air heat, apprx. 12.5 miles from Houghton store, newer roof & double pane windows. All info believed accurate but not warranted. Buyer recommended to inspect all aspects of the property, verify all info & bears all risks for any inaccuracies. Tax info is subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. All measurements (acres, lot size, square footage etc) are estimated. Buyer to verify utilities, including availability. Video/Audio recording devices may be present. Prequal & NDA required.