The Silver Lining

BUILDING FOR SALE

The building is in a prime downtown location. West Branch is a growing northern Michigan community with new stores/businesses.  Recently locating there includes:  McLaren Health, Meijers, Dunhams Sporting Goods, Starbucks, Aldi, Jersey Mikes and more. Recent regional hospital affiliation and expansion with My Michigan Health and U of M Hospital, along with Mclaren Health, is bringing many professionals to the area. 

Sellers are retiring.  This building is located in the heart of the downtown business district with corner exposure and having only three owners since 1899. The building offers curbside parking on the main street and the side street.  The downtown business district has just completed a total makeover with new underground infrastructure and everything above ground including expanded sidewalks to 22 feet, allowing restaurants to have outside seating. Additional free public parking is located behind the building.  

Downtown West Branch is a growing walk-able community with several restaurants, a theater, retail shopping, multiple service businesses and more, including a pocket park with public restrooms, a river trail to the City Park and a downtown gathering place currently in progress.

The second story provides rental income from two apartments; a three bedroom (1100 sq ft) two bath, and a two bedroom (900 sq ft) one bath, with long term tenants. There is a main street entrance and a rear entrance to public parking.  Apartments were recently completely renovated, including the addition of central air, dishwashers and a common utility area with a coin operated washer and dryer. Tenants pay own gas and electric.

The building is made of Chicago brick and was restored in 2007 by brick restoration experts. Lower floor has main street entrance and two rear service doors.  The merchandising area includes two large front/side display windows with an open interior, three movable wall partitions and display area side lighting.

The rear area of the lower floor has an attached building (732 sq ft) that is a possible rental space with a finished/furnished office and storage.  The outside rear has a large yard that can be utilized as outside dining, wine tasting or expansion. 

Building lower is currently being operated as two businesses.  A boutique (20+ years) and a local wine tasting room (12+ years).  Option exists to buy business and building as turnkey.

Invest in this historic building of a growing town while the price is right. It's a great location for a restaurant or any type of retail operation.

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

Contact the seller at 586-530-8334                                                                                   $525,000