216 W Lovett Street

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216 W Lovett Street

Charlotte, MI 48813
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 available for purchase in Charlotte.
  • The building features a total area of 954 square feet.
  • Property is positioned at 216 W Lovett Street, Charlotte.
  • Suitable for small retail businesses or professional office use.
  • Located within the established Eaton County commercial hub.

What's Special

This retail storefront property in Charlotte, Michigan, is available for sale, presenting an functional asset for small business owners or investors seeking a compact commercial footprint. Spanning 954 square feet, the building at 216 W Lovett Street occupies a position within this growing suburban market in the Lansing metropolitan area. The layout provides a straightforward configuration suitable for a boutique retail shop, a professional service office, or a local service-oriented business looking for high visibility in a localized commercial corridor. Charlotte serves as the county seat of Eaton County, benefiting from a steady regional economy and a supportive environment for small-scale commercial operations. The storefront architecture offers a manageable entry point for a tenant seeking a dedicated space to establish a presence within the downtown vicinity. Its size and location make it a practical selection for entrepreneurs focused on accessibility and operational efficiency within the mid-Michigan region.

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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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