317 N Mission St

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317 N Mission St

mt-pleasant, MI 48858
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at 317 N Mission Street, this retail property is situated along Mt. Pleasant’s primary North-South commercial corridor. The surrounding neighborhood features a mix of established local businesses, national franchises, and residential pockets. The site offers high visibility and direct access to Mission Street, which serves as a major arterial route connecting the city to Central Michigan University and US-127. Connectivity is supported by proximity to the city’s downtown district and a variety of nearby service-oriented amenities, including grocery stores, dining establishments, and banking centers. The property’s layout and regional positioning make it suitable for a variety of general retail or showroom uses. Ideal tenants include boutique retailers, specialty service providers, or health and wellness businesses seeking consistent foot traffic and vehicle exposure. Its location within a high-density transit zone caters well to businesses requiring ease of access for local residents, the substantial student population, and regional commuters. The asset provides a versatile footprint for operators looking to establish a presence in a stable, central Michigan commercial hub.

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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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