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506 West Broadway Street
Mt Pleasant, MI 48858
Asking Price
$1.50M
Asset Type
Retail
Class
Class B
What's Special
10,000 sq. ft + 7 acres in Downtown Mt. Pleasant. 600' of River Front located between Island Park an <p>10,000 sq. ft + 7 acres in Downtown Mt. Pleasant. 600' of River Front located between Island Park and Nelson Park, next to City Hall. Currently Mountain Town Station and Camille's on the River Restaurants.</p>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
