Residential
Vacant Land




MLS# 1044146
Listing Price: $85,000
Type: Business Including Building
Lot Size: 25x140
Address: 1115 Ludington St
City: Escanaba
Heat: Nat. Gas Forced Air & Nat. Gas Hot Water
Air Conditioning: None
Basement: Full
Water: City
Also Includes:
Fixtures
Lighting
Living Space


Additional Comments


A GREAT SUPPLY OF WARM CLOTHING FOR THE SARGENT AND ALL OF HIS MEN ARE RIGHT HERE ON LUDINGTON STREET IN DOWN TOWN ESCANABA. THE SALE OF QUALITY FOOT GEAR TO HEAD GEAR AND EVERYTHING IN BETWEEN IS WHAT SUPPLY SARGENT HAS BEEN KNOWN FOR FOR THE PAST 50 YEARS. NOW IS YOUR OPPORTUNITY TO OWN YOUR OWN BUSINESS BY CARRYING ON A WELL ESTABLISHED BUSINESS THAT IS KNOWN LOCALLY AND THRU OUT THE U.P. THE BUSINESS CAN BE SOLD WITH A LEASE ON THE BUILDING FROM THE CURRENT OWNERS, BUT WHY WOULDN’T ONE WANT TO OWN THE WHOLE THING. THIS GREAT BUILDING , WITH 4752 SQ FT IS AT A VERY GOOD PRICE AND YOU CAN HAVE AN ADDITIONAL INCOME FROM THE UPPER TWO APARTMENTS TO HELP WITH THE MORTGAGE PAYMENT. BUILDING SITS ON A 25’X140’ LOT WITH ANGLE PARKING IN FRONT OF THE BUSINESS AND HAS A GOOD LOCATION FROM FOOT TRAFFIC FROM TOWN BUSINESSES. BUILDING HAS A FULL BASEMENT, NEWER ELECTRICAL, NEWER WINDOWS IN UPPER APARTMENTS. THE APARTMENTS EACH HAVE A SPACIOUS BEDROOM, FULL BATH, LIVING ROOM & GOOD SIZE EAT-IN KITCHEN. OWNERS HAVE PAID UTILITIES FOR THE APARTMENTS, BUT UTILITIES COULD BE SEPARATED. RENT ON EACH APARTMENT IS $400 PER MONTH AND CURRENT TENANTS HAVE A GOOD RENTAL HISTORY. OWNERS ALSO PROVIDE LAUNDRY SERVICE TO THE TENANTS AT NO EXTRA CHARGE. OWNER HAS OWNED THE BUSINESS FOR OVER 11 YEARS AND IS A VERY ORGANIZED ENTREPRENAUER AND FOLLOWS THE TRENDS AND NEEDS OF TODAY’S HUNTER, OUTDOOR SPORTSMAN, AND THOSE WHO JUST ENJOY BEING OUTDOORS. INVENTORY IS ON A COMPUTERIZED SYSTEM SO THAT OWNER KNOWS WHAT HAS BEEN TAKEN FROM INVENTORY AND KNOWS WHAT SHOULD BE ORDERED FOR FUTURE SALES. MAJOR SUPPLIERS ARE ROTHCO FOR MILITARY SURPLUS, CARHARTT, DICKIE, LACROSSE, ROCKY, WOOLRICH AND WIGWHAM. LISTED PRICE DOES NOT INCLUDE THE INVENTORY. INVENTORY WILL BE SOLD AT COST. BUILDING WILL NOT BE SOLD WITHOUT THE BUSINESS.



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