809 Lester Avenue

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809 Lester Avenue

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).

  • The retail property encompasses a total of 2,538 square feet.
  • This storefront is situated in the municipality of St. Joseph, Michigan.
  • The site is currently available for purchase in the regional market.
  • The location serves a community influenced by lakefront tourism and commerce.
  • Flexible interior space accommodates diverse retail or specialized business use cases.

What's Special

St. Joseph, Michigan, sits along the eastern shore of Lake Michigan, providing a distinct geographic backdrop for this coastal retail storefront. The property at 809 Lester Avenue occupies 2,538 square feet, positioning it within a market characterized by seasonal tourism and a stable year-round population. This storefront asset is well-suited for businesses looking to establish a foothold in the local commercial corridor. The layout offers flexibility for various retail applications, benefiting from the consistent foot traffic associated with this prominent regional destination. Investors and business owners will find this location appropriate for operations ranging from boutique shopping to specialty services, taking advantage of the surrounding commercial activity in the St. Joseph area. The proximity to regional transit routes and local municipal amenities ensures connectivity for both residents and visitors exploring the lakeside community.

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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

Location & Travel Times