16 Ferry Street

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16 Ferry Street

Douglas, MI 49406
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 Douglas
  • Located at 16 Ferry Street, Michigan 49406
  • Positioned within a popular regional coastal market
  • Property features a classic downtown storefront layout
  • Suitable for boutique retail or service businesses

What's Special

This retail storefront at 16 Ferry Street in Douglas, Michigan, presents a versatile space situated in a popular coastal destination. The property occupies a strategic position within the city, benefitting from the seasonal tourism and local commerce that define this West Michigan community. Its storefront configuration allows for various business operations, ranging from boutique retail shops to specialized service providers seeking visibility in a highly frequented downtown corridor. Douglas serves as a focal point for visitors drawn to the Lake Michigan shoreline, providing consistent foot traffic throughout the warmer months. Investors and owner-occupiers alike will find this location suitable for establishing a presence in a market characterized by its historic charm and active business climate. The accessibility of the area ensures that both residents and tourists can easily engage with the offerings of a business located at this address.

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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