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33733163
33733159

131 E GRAND RIVER AVE, FOWLERVILLE, MI 48836-5137

LM
MI MI 6501433695, IN RB19000138
Ellsbury Group
Listed by Ellsbury Group
$1,450,000
11 days on market
Updated 11 days ago
Opportunity zone

131 E GRAND RIVER AVE FOWLERVILLE MI 48836-5137

Details
APN 05-11-303-039
Property Type Retail
Sub Type Storefront, Liquor store (+1)
Square Footage 4,222
Units 1
Cap Rate 8.42%
NOI $122,002
Occupancy 100%
Tenancy Single
Year Built 1932
Stories 1
Lot Size (SqFt) 4,979
Investment Type Stabilized
Ground Lease No

Single-Tenant Retail | 8.42% Cap Rate | Class C Liquor License

Marketing description

131 E Grand River Ave | Fowlerville, Michigan | $1,450,000

Established liquor and grocery store operating as Save-On Family Foods in the heart of downtown Fowlerville, Michigan. The business has served the Fowlerville community for over 90 years and offers a rare opportunity to acquire an operating retail business with real estate, a valuable Livingston County SDD, and a loyal, established customer base.

The property features 1,262 square feet of building space with 48 feet of frontage along Grand River Avenue — Fowlerville's primary retail corridor — in Livingston County, one of Michigan's fastest-growing counties. The business generated $1,144,916 in total revenues in FY 2025, representing 34% year-over-year growth, with a net income of $122,049 and an 8.42% cap rate on the asking price. Revenue streams include retail sales, lottery commissions, ATM services, and ancillary income.

Approximately $300,000 of existing in-store inventory is included in the sale at additional cost, separate from the $1,450,000 asking price. Total acquisition cost is approximately $1,750,000.

The property is conveniently located minutes from I-96 (Exit 129) and M-52, with strong daily traffic exposure and visibility along M-43. The downtown corridor is actively supported by the Fowlerville Downtown Development Authority (FDDA).

Investment highlights

8.42% Cap Rate — $122,049 net income on $1,450,000 asking price with $1,144,916 in FY 2025 revenue and diversified income streams.

Livingston County SDD — One of the most valuable and difficult-to-obtain retail licenses in Michigan, providing significant barrier to entry.

Prime Downtown Location — 1,262 SF with 48' of Grand River Ave frontage in the heart of Fowlerville's main retail corridor.

Listing Contacts

LM
MI MI 6501433695, IN RB19000138
Ellsbury Group
Listed by Ellsbury Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$122,002.00
$10,166.83/mo

Valuation Metrics

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DSCR
8.41%
Cap Rate
8.41%
ROI

Map

Zoning

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Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Lane Moser
License
MI 6501433695
Brokerage Phone
260 615 9248
Brokerage Address
505 Pleasant Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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