Cherished Antique Shop with Rich History + Desirable Real Estate
- Asking Price
- $1,200,000
- Cashflow
- N/A
- Gross
- N/A
We are honored to present this offering for the beloved Depot Antiques located in Spring Lake, Michigan. After decades of serving its community, the owners are winding down operations of this local staple triggering the asset sale of the business along with its desirable real estate. This opportunity is packed with rich history both inside and out and I am delighted to have the opportunity to tell its story and assist in the transition to the next owner.
The nearly 5-acre parcel of land is located on the popular and well trafficked M-104 (Cleveland St) just outside of the ever popular and growing lakeshore community of Spring Lake Michigan. The main building and retail space, which houses antiques individually sourced from around the United States, has its owner story to tell. The name Depot Antiques was not a name simply pulled out of a hat, this building is in fact the original train depot where cargo and passengers were dropped off in Spring Lake in the mid 1800's. The train depot closed in 1957 and was preserved by Joe Bisacky. When it was moved many years ago; streets were blocked, traffic re-routed, and many watchful eyes were in attendance as this building made its several-mile journey to find its new home where it sits today.
As decades passed, the building sat vacant awaiting a purpose, until around the new millennium when husband and wife duo Ruth and Gary Bisacky (Joes son); with their shared loved of collecting authentic early American and European antiques spurred the opening of Depot Antiques. For decades their team traveled all over the country hunting down things that caught their eye in what has always been a true labor of love. In what is truly the end of an era the business will be closing its doors soon; the hope being the remaining antiques and collectors’ items amassed over the years will catch the eye of another purveyor.
Now let’s talk a bit more about the details of this offering which can be looked at in two different parts. The first being the real estate component which includes the main retail space which is roughly 4,400 sqft while two separate outbuildings offer and additional 11,300 sqft of storage, all sitting on a desirably located piece of commercially zoned property (4.910 acres). The second part of this offering is the asset sale of Depot Antiques itself; to include inventory and goodwill. The package is being offered at $1,200,000 with the sellers willing to entertain the individual sale of either sum of these two parts.
For more information and to discuss this unique opportunity contact Ryan Johnson at Praxis Business Brokers (269-338-9809 or [email protected]).
Contact information
- Inventory
- N/A
- Reference ID
- RJ12924
- Categories
- Retail, Art Galleries
- Locations
- Michigan, West Michigan, West Michigan - Lakeshore