12250 M-32

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12250 M-32

Atlanta, MI 49709
Asking Price
$129K
Asset Type
Retail
Class
Class B

What's Special

Located at 12250 M-32, this retail property sits along a primary east-west thoroughfare in Atlanta, Michigan. The surrounding neighborhood serves as a central hub for Montmorency County, characterized by a mix of local service businesses, government offices, and recreational tourism. The site offers direct frontage on Highway M-32, providing consistent visibility and straightforward access for Northwoods traffic. Nearby amenities include essential local services, hardware stores, and community parks that anchor the downtown corridor. The property is suited for a variety of general retail or service-oriented use cases, ranging from specialty boutiques to professional office conversions. Ideal tenants likely include local entrepreneurs, regional service providers, or veterinary and medical clinics seeking a centralized footprint. Given the location’s proximity to seasonal outdoor attractions, the space is also appropriate for sporting goods or convenience-based retailers catering to residents and visiting tourists alike.

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NOI
$80,000
Cap Rate
62.02%
DSCR
10.45
Strong
Cash-on-Cash
186.93%
Monthly Payment
$638.222
Annual Cash Flow
$72,341.341

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