7760 N Lake Street

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7760 N Lake Street

Bear Lake, MI 49614
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 available for purchase in Bear Lake, Michigan.
  • Located at 7760 N Lake Street within the business district.
  • Property sits in a scenic recreational region of the state.
  • Ideal asset for a retail business owner or commercial investor.
  • Features a traditional storefront design suitable for various goods.

What's Special

The storefront property at 7760 N Lake Street in Bear Lake, Michigan, presents a functional retail asset in a established northern market. This community serves as a destination for seasonal and year-round visitors, benefiting from the natural appeal of the surrounding Manistee County region. Retail operations here cater to both local residents and a steady flow of recreational traffic looking for goods and services in a pedestrian-friendly environment. Investors or business owners seeking a physical presence in this corridor will find the storefront configuration suitable for a variety of retail business models. The location provides visibility within the downtown area, making it a viable choice for entrepreneurs or regional investors looking to expand their commercial footprint. The layout supports efficient merchandising and customer engagement, consistent with the area's small-town commercial character.

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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