$700,000
Baldwin, MI 49304
MLS# 25012775
Status: Pending
2800 sqft
1 / 26
Property Description
Prime Business Opportunity with Real Estate! Mr. Bibs is a beloved cornerstone of the Baldwin community, ideally situated near Big Star Lake and surrounded by a dozen other scenic lakes. This community-focused and thriving establishment offers groceries, liquor, tobacco, DNR licensing, gas, propane refill/exchanges, bait/tackle, ice cream, the best pizza in town, and ''blue bag'' trash disposal- just to name a few! As a dedicated staging area for snowmobilers and power sports enthusiasts, Mr. Bibs is a hub of activity year-round.
Details
Maps
Location & Property Info
Cross Streets: W. Horizon Dr.
Property Sub-Type: Business Opportunity
Area: West Central - W
Municipality: Lake Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 250
Prop Avail for Lease?: No
Current Bldg Use: Retail
General Property Info
New Construction: No
Lot Dimensions: 295' x 400' x 200' x 200'
Road Frontage: 295
Waterfront: No
Total # Units: 2
Total # Bldgs: 3
# Fin Bldg Lvls: 1
Total SqFt: 2800
Property Use Type: Business
School District: Baldwin
Lot Measurement: Acres
Lot Acres: 2.27
Lot Square Footage: 98881
Year Built: 1950
Full Baths: 1
Tax Info
Taxable Value: 50800
SEV: 68800
For Tax Year: 2024
Seller's Annual Property Tax: 2300
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: Commercial Imp.
Tax ID #: 13-060-008-05 & 13-060-006-00
Remarks & Misc
Public Remarks: Prime Business Opportunity with Real Estate!
Mr. Bibs is a beloved cornerstone of the Baldwin community, ideally situated near Big Star Lake and surrounded by a dozen other scenic lakes. This community-focused and thriving establishment offers groceries, liquor, tobacco, DNR licensing, gas, propane refill/exchanges, bait/tackle, ice cream, the best pizza in town, and ''blue bag'' trash disposal- just to name a few! As a dedicated staging area for snowmobilers and power sports enthusiasts, Mr. Bibs is a hub of activity year-round.
Legal: Lots 5, 7, 8, 9 Blue Horizon
Water Fea. Amenities
View: 1
Income and Expenses
Annual Maint ($): 19262.93
Annual Prop Ins ($): 8605.59
Annual Utilities ($): 25645.55
Gross Op Income ($): 743004.33
Street Type
Paved: 1
SqFt Information
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Property Use
Business: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Propane: 1
Sewer
Private Sewer: 1
Water
Private Water: 1
Uses
Retail: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Metal Siding: 1
Roofing
Metal: 1
Heat Source
Electric: 1
Propane: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Heat Pump: 1
Air Conditioning
Ductless: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Business Includes
Equipment: 1
Furniture: 1
Licenses: 1
Real Estate: 1
Additional Features
Outdoor Storage: 1
Foundation
Slab: 1
Util Avail at St
Cable Available: 1
High Speed Internet: 1
Driveway
Aggregate: 1
Docs Req Conf Agrmnt
Financials: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Other: 1
Business Opportunity
Bus. Only Value ($): 600000
Business Description: Retail
Business Name: Mr. Bibs, LLC.
Gross Sales 1 Year ($): 743004.03
Real Estate Value ($): 300000
Possession
Close Of Escrow: 1
Negotiable: 1
Location Property Info
County: Lake
Street #: 16421
Street Direction: S
Street Name: Star Lake
Suffix: Drive
State: MI
Zip Code: 49304
OfficeContract Info
Status: Pending
Current Price: $700,000
List Price: $700,000
Listing Date: 2025-04-01
Remarks Misc
Directions: M-37 to West on 76th St. to S. Star Lake
Status Change Info
Under Contract Date: 2026-03-17
Property Features
Property Use: Business
SqFt Information: Carbon Monoxide Detector(s); Smoke Detector(s)
Uses: Retail; Other
Ownership: LLC
Business Includes: Equipment; Furniture; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Metal Siding
Roofing: Metal
Foundation: Slab
Below Grade: None
Additional Features: Outdoor Storage
Sewer: Private Sewer
Water: Private Water
Utilities Attached: Cable Connected; Electricity Connected; Phone Connected; Propane
Util Avail at St: Cable Available; High Speed Internet
Heat Source: Electric; Propane
Heat Type: Forced Air; Heat Pump
Air Conditioning: Ductless
Driveway: Aggregate
Street Type: Paved
Purchase Terms Avail: Cash; Conventional; Other
Docs at List Office: Aerial Photo; Survey
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Possession: Close Of Escrow; Negotiable
Supplements
Strong annual revenue, this business presents an exceptional investment opportunity. Included in the sale is an additional lot just under one acre, complete with electricity -perfect for extra parking, patron entertainment, summer concerts, water sport rentals, and more. Recent upgrades include new soft serve ice cream machine, expanded walk-in coolers and a freezer with brand new refrigerant equipment, enhancing efficiency and customer experience. Back-up Generac generator, and updated 200 amp electrical in each building! Don't miss your chance to own this well-established business with limitless potential!
Listing Office: JH Realty Partners
Listing Agent: Jeff Heglund
Last Updated: March - 20 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.