1038 Michigan Avenue

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1038 Michigan Avenue

Baldwin, MI 49304
Asking Price
$135K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property located at 1038 Michigan Avenue in Baldwin.
  • The building features a total of 1,640 square feet.
  • Current asking price for this commercial asset is $134,900.
  • Property sits within a growing region of Lake County, Michigan.
  • Ideal configuration for diverse retail or small business service operations.

What's Special

This retail storefront spans 1,640 square feet and is available for purchase at 1038 Michigan Avenue in Baldwin, Michigan. Situated within this growing regional market, the property provides a functional layout suitable for various retail operations or specialized service businesses. The storefront design maximizes visibility along the local thoroughfare, catering to both local residents and visitors traveling through Lake County. Its location offers accessibility for businesses seeking to establish or expand a brick-and-mortar presence in a community known for its outdoor recreation and steady local economy. Investors and business owners will find this asset adaptable for multiple commercial use cases, ranging from traditional retail goods to professional office configurations. The property presents a clear opportunity for those looking to acquire a manageable commercial space within this established Michigan municipality.

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NOI
$80,000
Cap Rate
59.30%
DSCR
9.99
Strong
Cash-on-Cash
177.89%
Monthly Payment
$667.412
Annual Cash Flow
$71,991.061

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