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415 Main St
Lake City, MI 49651
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
415 Main St, Lake City, MI 49651 <ul><li>Located on main thoroughfare through Lake City at the traffic light of M-66 and M-55</li><li>Intersection contains a McDonalds, a Mobile Gas Station and a Shopping Center</li><li>Frontage on three streets</li><li>City Services Available</li><li>Level Lot Provides Maximum Visibility</li><li>Perfectly Suited for Office, Retail or Health Services</li><li>Growing Area of Northwest Michigan</li></ul>
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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
