1098 N M-37

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1098 N M-37

Baldwin, MI 49304
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Commercial retail storefront measuring 3,000 square feet
  • Located directly along the M-37 highway in Baldwin
  • Versatile floor plan suitable for multiple retail uses
  • Positioned within the central hub of Lake County
  • Available property for sale in northern Michigan

What's Special

This 3,000 square foot retail storefront at 1098 N M-37 sits in Baldwin, Michigan. Positioned within a region known for its natural surroundings and outdoor recreational access, the property serves as a versatile space for local commerce. Baldwin functions as a key hub for Lake County, benefiting from traffic flowing through the northern Michigan corridor. Investors and business owners will find this location suitable for various retail, service-oriented, or specialty shop operations looking to capture regional patronage. The open layout accommodates diverse business models seeking a foothold in this established community. Whether catering to local residents or seasonal visitors passing through the M-37 corridor, the footprint offers sufficient space for retail merchandising and customer interactions. The surrounding submarket provides a steady base for enterprises focused on providing essential goods or niche services to the local population. Given the accessible location, this asset represents a functional addition to a commercial portfolio in Northern Michigan.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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