845 Michigan Avenue

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845 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).

  • Located at 845 Michigan Avenue in the city of Baldwin
  • Retail asset classified as a traditional storefront property
  • Strategically positioned to serve both local and regional patrons
  • Suitable for various business types including retail and services
  • Situated within the established community of Lake County
  • Accessible commercial footprint in a high traffic submarket

What's Special

Baldwin serves as a key community hub within Lake County, providing a central destination for local commerce and seasonal visitors. Situated at 845 Michigan Avenue, this retail storefront occupies a strategic position within the city, benefiting from proximity to the region's established thoroughfares and established small-town infrastructure. The property sits in a market characterized by a blend of year-round residents and outdoor recreation enthusiasts frequenting the surrounding national forest areas. This commercial asset functions well as a traditional storefront, offering potential for various retail business models, service providers, or boutique operations looking for a footprint in a growing rural submarket. The layout supports efficient display and inventory management, making it a viable selection for investors or business owners aiming for high visibility in the downtown area. Its position on Michigan Avenue allows for consistent accessibility for local consumers and travelers alike.

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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