6800 East 15 Mile Road

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6800 East 15 Mile Road

Barbeau, MI 49710
Asking Price
$1.29M
Asset Type
Retail
Class
Class B

What's Special

6800 East 15 Mile Road is located in the rural community of Barbeau, Michigan, situated within Chippewa County. The property occupies a prominent position along a primary local thoroughfare, surrounded by a mix of residential homesteads and seasonal recreational properties. Local amenities include proximity to the St. Marys River and the Neebish Island ferry terminal, which serve as central points for local traffic. The site is accessible via county roads that connect the township to the larger regional hubs of Sault Ste. Marie and Pickford. The property is suited for general retail use, particularly businesses catering to the daily needs of the local year-round population and seasonal tourists. Ideal use cases include a convenience store, specialized sporting goods shop, or a small-scale grocery outlet. A typical tenant would likely benefit from the lack of high-density commercial competition in the immediate area. The location is well-positioned for an owner-operator or service provider seeking to establish a presence within a stable, rural market environment.

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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559

Location & Travel Times