847 N Michigan Avenue

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847 N 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).

  • Retail storefront property located in Baldwin, Michigan.
  • The building features 3,100 square feet of interior space.
  • Located on N Michigan Avenue for local visibility.
  • Property is currently available for purchase by investors.
  • Asset sits within the 49304 zip code region.

What's Special

Spanning 3,100 square feet, this retail storefront provides a functional footprint for local operations within Baldwin, Michigan. Situated at 847 N Michigan Avenue, the property occupies a position in a community that serves as a central hub for the surrounding Lake County region. The layout accommodates various business models ranging from traditional retail sales to specialized service-based storefronts. Investors and business owners will find this asset suitable for establishing a presence in a locale characterized by steady regional activity and accessibility. The storefront configuration allows for efficient use of square footage, supporting diverse merchandising strategies or client-facing operations. By securing this space, tenants gain a physical foothold in a growing market that bridges local commerce with outdoor recreation interests prevalent in 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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