185 Anchors Way 10

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185 Anchors Way 10

St. Joseph, MI 49085
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • The office space provides 1,240 square feet of interior area.
  • Property is situated in the city of St. Joseph Michigan.
  • Traditional office floor plan suitable for various business uses.
  • Located within a growing commercial submarket in Berrien County.
  • The asset is currently available for purchase by investors.

What's Special

This traditional office space spans 1,240 square feet and provides a professional setting for various business operations. Situated in St. Joseph, Michigan, the property benefits from a location near the scenic Lake Michigan shoreline, an area known for its strong tourism industry and steady local economy. This facility is well-suited for professional services, legal practices, or small corporate headquarters seeking a presence in this lakeside community. St. Joseph remains a key commercial hub within Berrien County, offering convenient access to major regional transportation routes that connect the area to the broader Midwest. The office layout provides the flexibility needed for private offices or an open-concept collaborative workspace, depending on the specific requirements of the owner or tenant. Prospective buyers will find this space adaptable for administrative use or specialized client-facing business services in a stable market environment.

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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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