The Village Gift Store is a charming and profitable gift shop with a coffee/smoothie bar and community lending library, nestled in the heart of downtown L'Anse. The property includes 2,576 sq ft on the main floor, dedicated to retail space, a spacious basement with egress windows for potential future living space, and a second floor with three 2-bedroom apartments with lake views. The building has been significantly renovated, including original hardwood floors, a new roof membrane (installed eight years ago), new cabinets and countertops, and new windows on the second story. There are currently 38 independent artists who share the space through a unique business model that runs itself by using the artists to run the register. **SEE ASSOCIATED DOCUMENTS FOR ADDITIONAL DESCRIPTIONS.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
