209 East Broadway Street

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209 East Broadway Street

Mt Pleasant, MI 48858
Asking Price
$219K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building available for purchase in downtown Mt. Pleasant
  • Located at 209 East Broadway Street in the central business district
  • Asset offered at an asking price of two hundred nineteen thousand dollars
  • Well-suited for professional service firms or private business practices
  • Strategically positioned within an active and growing mid-Michigan university market

What's Special

This office space at 209 East Broadway Street in downtown Mt. Pleasant, Michigan, is currently available for sale. The property sits within the heart of the central business district, offering an ideal location for professional service firms, small businesses, or private practitioners seeking a prominent footprint in this growing mid-Michigan community. Mount Pleasant serves as a regional hub, supported by a stable local economy and proximity to Central Michigan University, which creates a steady flow of foot traffic and professional activity throughout the downtown core. The traditional office layout provides a functional configuration suitable for administrative operations, legal practices, or creative studios. Investors looking to acquire commercial real estate in an established submarket will find this asset well-positioned to benefit from the ongoing revitalization of the Broadway corridor. The building provides a practical entry point into the local office market, offering accessibility to downtown amenities and major regional transit routes. This site represents a focused acquisition for owners or users looking to establish a permanent presence in an active university town environment.

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NOI
$80,000
Cap Rate
36.53%
DSCR
6.15
Strong
Cash-on-Cash
101.98%
Monthly Payment
$1,083.493
Annual Cash Flow
$66,998.09

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