10813 Michigan AveParma, MI 49269

For Sale
$425,000

Thriving Ice Cream Shop, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional retail property at 10813 W Michigan Avenue in Parma, Michigan, presents a lucrative investment opportunity. The 720-square-foot building, situated on a 0.3-acre lot (APN: 011-07-31-153-001-00), is currently operating as a highly successful soft serve ice cream store. Boasting 100% occupancy and a strong, established customer base, this single-unit property offers a compelling 16.00% cap rate at an asking price of $425,000 ($590.28/sq ft). Completely renovated in 2024, the bright and inviting interior features all necessary commercial-grade ice cream equipment. The property benefits from a prime location with high traffic volume, ample parking, and an outdoor seating area, perfectly complementing the seasonal business model. The property is zoned for commercial use (201-Commercial) and was originally constructed in 1990. This turnkey operation is ready for immediate income generation, making it an ideal investment for savvy entrepreneurs seeking a profitable and established business. The lease term is zero years, offering the buyer complete control and flexibility. This is a rare chance to acquire a thriving business with significant growth potential in a desirable location.

Highlights

  • Prime location in high-traffic area of Parma, MI.
  • Fully equipped with commercial-grade ice cream equipment.
  • Bright, renovated interior (2024), ideal for retail.
  • Ample parking and outdoor seating.
  • Established customer base, currently 100% occupied.

Property Details for 10813 Michigan Ave

Property type
Other retail properties, Retail properties
Square Feet
720 SF
Year Built/Renovated
1990/2024
Buildings
1
Lot Size (sq. ft)
13,068 SF
Units
1

Location Insight

City
Parma
County
Jackson
State
Michigan
Latitude
42.2618795
Longitude
-84.6115565
10813 Michigan Ave, Parma, Michigan

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10813 Michigan Ave
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