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4Turn-Key Outdoor Sporting Goods StoreAuction - Includes Real Estate & Business - Pre-Sale Offers Welcome
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Turn-Key Outdoor Sporting Goods StoreAuction - Includes Real Estate & Business - Pre-Sale Offers Welcome

Iron Mountain, MI

Online Sale - Opening Bid: $450,000 Location: Iron Mountain, MI 120 E. Main Street , Iron Mountain, MI 49801 Bid: Tue, October 23 - Thu, October 25 RM Capital Recovery and Stephens Real Estate are proud to make available this turn-key, profitable, well established business known as Mortl’s Sports Center in Iron Mountain, Michigan. Mortl’s Sports Center is a retail shop & repair center for outdoor sporting activities including bicycles, downhill & cross country skis, fitness equipment, footwear, sunglasses, stand-up paddle boards, apparel, and much more. The sale includes the real estate, land, and the business. The total building size is 5,460 ± SF which features the main structure, that was built in 1996 (4,000 ± SF) and a metal building addition that was added on in 1998 (1,460 ± SF). Included in the sale are 4 commercial parcels, for a total of 0.617 ± acres. 2 parcels are occupied by the building/parking lot and the remaining 2 are vacant lots behind the store. The property is conveniently located at the intersection of one of the most traveled roads, North Stephenson Avenue (US 2; runs east to Escanaba and west to Ironwood) in the Upper Peninsula of Michigan with an average daily traffic count of 17,155+ vehicles, with large signage and LED display to advertise the business. Nearby businesses include: Restaurants, Gas Stations, Auto Dealerships & Repair Shops, and many more. The new owner has the opportunity to take over a business that has been successful for nearly 35 years. Other uses include commercial development on the parcels. Current inventory can purchased separately, if desired. If an interested purchaser is only interested in the real estate, please contact us. The main building is block construction, and a wood truss roof. It features a full basement with poured walls that are 8’ high and a stairwell that is 6’ wide. Dimensions - Outside walls to outside walls 80’ x 50’. The addition was built on a footing/slab foundation with Metal Roof. Dimensions - Outside walls to outside walls 36.5’ x 40’. The property features 2 furnaces with 2 air conditioners. A security system was installed with door and motion sensors for added security. The current owner upgraded to all LED lighting fixtures on entire main floor in 2013. This is a significant electrical savings in lighting and they throw off nearly no heat which saves on air conditioning cost as well. About the Business: Mortl’s Sports Center specializes in Bikes, XC Skis, Downhill Skis, Fitness Equipment, Snowboards, Water Sports, Sunglasses, Clothing, Footwear and more. The store’s website can be found here: www.mortls.com With every category of merchandise, Mortl’s Sports Center is known for carrying the top brand names in each category. Mortl’s Sports Center has trained service techs that are available 6 days a week to service all brands of bicycles. Mortls Sports Center also services various brands of fitness equipment and has a range of services for mounting, sharpening and hot waxing of skis and snowboards.

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