104 N MAIN ST LANSE, MI 49946

Features

• Price/sqft: $166
• Lot Size: 2092 sq. ft.
• Total Units: 2
• Room List: Basement
• Heating: Forced Air Heating

Facts

• Year Built: 01/01/1912
• Property ID: 891255903
• MLS Number: 50145458
• Parcel Number: 044-503-014-00
• Property Type: Commercial
• County: BARAGA
• Legal Description: TLA-P1 14A 3 DDA 2A4VILLAGE OF L ANSE NE 17' OF LOT 14 BLK 3
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Welcome to Caf LAnse, a charming and profitable caf situated in the heart of Downtown LAnse at 104 N Main St, just steps away from the picturesque Keweenaw Bay. Established in 2019, this caf offers an exceptional business opportunity for aspiring restaurateurs or seasoned entrepreneurs looking to expand their portfolio. The property spans 1050 sq ft on the main floor, with additional space in the basement and a second-story 3-bedroom apartment. The main floor houses a fully operational caf with a commercial kitchen, including a class one hood and Ansul fire suppression system, while the basement provides ample storage space. Caf LAnse uses a unique shared business model that creates three separate revenue streams. The current owners cook and serve a full breakfast menu and high quality sandwiches, as well as their own pastries and hand-made hard ice cream. The second stream comes from inviting other food entrepreneurs to make and sell their baked goods in their fully licensed facility in exchange for $2 a day rent and 20% commission. The third stream comes from bakers and cooks who rent the "ghost kitchen" during off hours for $17 per hour. This business model is so unique, it has been documented in a case study by Ferris State University as part of a curriculum teaching about low budget alternative business startups. Caf LAnse is currently listed at $349,000, with all inventories, shelving, and kitchen equipment included in the sale. The businesses are both for sale, and the owners will sell them together for $689,000. The owners are selling due to relocation, making this a fantastic opportunity for new ownership. Caf LAnses distinctive operational model, recent renovations, and prime downtown location present a rare chance to acquire a beloved local caf with tremendous potential. ***See associated documents for full listing description.***