833 Michigan Avenue

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833 Michigan Avenue

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 600 square feet total.
  • Located at 833 Michigan Avenue in Baldwin, Michigan.
  • Property situated within the central business district of Lake County.
  • Area economy supported by regional tourism and outdoor recreational traffic.
  • Suitable for boutique retail or small professional office space uses.

What's Special

Retail storefront operations or boutique office space represent the most practical use cases for this 600 square foot property located at 833 Michigan Avenue in Baldwin, Michigan. Situated within the central hub of Lake County, the asset provides a compact footprint suitable for small-scale commercial enterprises looking to establish a presence in this recreational-focused region. The local economy in Baldwin benefits from its proximity to the Pere Marquette River and the surrounding Manistee National Forest, drawing consistent seasonal traffic from outdoor enthusiasts and tourists. Investors and business owners will find this location appropriate for ventures that prioritize street-level visibility and accessibility within the community. The building structure facilitates straightforward modifications to suit various merchandising layouts or professional service configurations. Its position along the Michigan Avenue corridor ensures connection to the primary thoroughfares utilized by both local residents and visitors traversing the area for regional outdoor activities. The site serves as a functional choice for those seeking a manageable commercial footprint in a growing rural submarket.

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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

Location & Travel Times