818 W Monroe Street

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818 W Monroe Street

Bangor, MI 49013
Asking Price
$190K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront measuring 1,560 square feet in total.
  • Offered for sale at a price of $189,900.
  • Located at 818 W Monroe Street in Bangor, Michigan.
  • Suitable for local retail or specialized service businesses.
  • Positioned within a central corridor for regional customer access.

What's Special

Priced at $189,900, this 1,560 square foot retail storefront at 818 W Monroe Street provides a practical acquisition in Bangor, Michigan. The property occupies a functional footprint suitable for a local merchant, service-oriented business, or boutique retail operation looking to establish a presence within the community. Bangor maintains the characteristics of a stable midwestern small town, serving as a hub for local commerce and providing essential amenities to the surrounding residential population. Its location along the primary corridors of the area ensures visibility to the local traffic base, which is beneficial for businesses requiring consistent accessibility. The layout offers flexibility for various commercial uses, allowing an owner-user or investor to adapt the space to current market demands. With its manageable size and street-level access, the storefront is well-positioned for operations that prioritize direct customer engagement. This asset represents a straightforward opportunity to enter the local market in a well-established regional setting, offering long-term potential for entrepreneurs or investors seeking a tangible real estate holding in this part of Michigan.

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NOI
$80,000
Cap Rate
42.13%
DSCR
7.10
Strong
Cash-on-Cash
120.63%
Monthly Payment
$939.522
Annual Cash Flow
$68,725.741

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