69206 N Main Street

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69206 N Main Street

Richmond, MI 48062
Asking Price
$650K
Cap Rate
9.23%
Asset Type
Mixed-use
Class
Class B

What's Special

SIX (6) Stable Income Streams ! Retail and Apartments , Great Growning Location <p>Prominent Visible Commercial Corner in Beautiful Historic and Quaint Walking Downtown Richmond .​ Eye catching Architecture and Curb Appeal Everywhere ! Light Bright Storefront and Flexible B-2 Downtown Zoning Allows for Commercial uses on first 2 Floors , High Quality Expensive New front and Rear Doors with Sidelights and Transom updated in 2026.​ Storefront Windows " Like a Showcase" , Draw You In ! Currently Operating with a Fresh Buildout Medical Sports Recovery Clinic ( Ste 1-A ), along

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.351
Annual Cash Flow
$41,415.793

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