Remarks

Located at 102 and 104 N Main St, in L’Anse, MI. Here is your chance to own two businesses in the heart of downtown L’Anse, Michigan. There are three revenue streams: a successful gift store, a popular café (ready to re-open), and four fully occupied apartments with lake views. The businesses have a strong local and regional customer base, with 6,200 enthusiastic followers on Facebook. Both retail spaces and the commercial kitchen are immaculately renovated. 102 N Main St is currently the Village Gift Store, a charming & profitable gift shop in the heart of downtown L’Anse. Established in 2019, this business enjoys a prime location with high visibility on Main Street, directly across from the only grocery store, just steps away from the scenic Keweenaw Bay. The gift store uses a unique business model that runs itself. A group of independent artists bring their own inventory, pay rent plus commission, and volunteer to run the store. This business model is so innovative, it has been documented in a case study by Ferris State University as part of a curriculum teaching about low budget alternative business startups. The gift store also includes a counter set up for use as a coffee bar and a dining room / lending library with seating for 28. 102 N Main St includes 2,576 sq ft on the main floor, dedicated to retail space, a second floor with three 2 -bedroom apartments with lake views, and a spacious basement with egress windows for potential future living space. 104 N Main St is a 1050 sq ft turn-key food business just waiting for a new owner. Previously Cafe L'anse, it still has a local and regional following waiting for it to reopen. It was wildly successful as a shared kitchen and restaurant, built with extra space for local food entrepreneurs to work alongside the owners either during open hours, or after hours as a ghost kitchen and sell their baked goods in the retail space. The kitchen is just four years old and is a pleasure to work in. There is also a three-bedroom apartment upstairs of the Café and a dry 1050 sq ft basement. All equipment & fixtures in the commercial kitchen, as well as nearly everything needed to run both businesses will be included in the sale. Gift store inventory is owned by the artists and is not included in the sale. Much more to tell! Call for information. Seller to review all offers on May 20th, 2025 and respond on May 23rd, 2025 at noon.

Details

MLS#: 50173307
Price: $320,000

Style: Commercial/Industrial
Sq Ft: 9928
Year Built: 1853

County: Baraga
Lot Size: 17x130 and 33x125