3687 S Lakeshore Drive

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3687 S Lakeshore Drive

St. Joseph, MI 49085
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Commercial storefront property located in St. Joseph, Michigan.
  • The building features a total of 2,770 square feet.
  • Strategically situated along the Lake Michigan shoreline region.
  • Suitable for boutique retail or professional service office use.
  • Located within the established 49085 commercial corridor.

What's Special

Retail operations requiring visibility and accessibility find a suitable home at this 2,770 square foot storefront on South Lakeshore Drive. Positioned in St. Joseph, Michigan, the property benefits from the unique character of this Lake Michigan coastal community, which experiences seasonal population shifts and a steady year-round local economy. The layout serves various commercial uses, including boutique retail, professional services, or specialized showrooms that benefit from proximity to residential corridors and tourism-focused traffic patterns. St. Joseph remains a prominent destination along the Michigan shoreline, supported by a robust tourism industry and regional commerce. Investors and business owners often look to this submarket for its sustained demand for consumer-facing properties. The site at 3687 S Lakeshore Drive offers a defined footprint for an enterprise looking to establish a footprint within the 49085 zip code. This storefront is positioned to support operations that leverage the local demographic and the recreational appeal of the surrounding waterfront area.

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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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