21925 Gratiot

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21925 Gratiot

Merrill, MI 48637
Asking Price
$200K
Asset Type
Retail
Class
Class B

What's Special

21925 Gratiot is positioned along a primary commercial corridor in Merrill, Michigan. The property benefits from high visibility and direct access to Gratiot Road (M-46), a key east-west artery connecting the region to Saginaw and Alma. The immediate neighborhood is characterized by a blend of local businesses, residential pockets, and agricultural land. Nearby amenities include essential community services, local eateries, and small-scale professional offices. The location serves as a central hub for the village, providing convenient transit for both local residents and regional commuters passing through the Gratiot thoroughfare. The site is suited for retail operators seeking a presence in a stable, rural community. Ideal use cases include neighborhood-serving businesses such as specialty boutiques, convenience stores, or hardware shops. Additionally, the building footprint and road frontage support professional service firms, such as insurance agencies or tax offices, that require storefront visibility. Typical tenants are likely to be local entrepreneurs or regional service providers looking to capture the daily traffic flow between major neighboring cities. The property accommodates various business models requiring flexible floor plans and accessible parking for a consistent customer base.

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NOI
$80,000
Cap Rate
40.10%
DSCR
6.75
Strong
Cash-on-Cash
113.88%
Monthly Payment
$987.017
Annual Cash Flow
$68,155.794

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