70031 S Lakeview Road

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70031 S Lakeview Road

Sturgis, MI 49091
Asking Price
$1.75M
Asset Type
Retail
Class
Class B

What's Special

70031 S Lakeview Road is located in Sturgis, Michigan, positioned along a primary local corridor with proximity to Klinger Lake and surrounding residential pockets. The area is characterized by a mix of seasonal recreational traffic and year-round local residents. Essential amenities and various service-oriented businesses are situated within a short drive. The location offers straightforward accessibility via regional roadways, facilitating transit for customers traveling through St. Joseph County and those commuting between nearby small towns and the Indiana border. This retail asset is suited for businesses looking to capitalize on both local neighborhood demand and seasonal consumer spending. Ideal use cases include convenience retail, specialty boutiques, or professional service firms such as insurance agencies or small medical clinics. Potential tenants typically include local owner-operators or regional service providers seeking a functional footprint in a community-centered environment. The property’s layout offers versatility for various commercial layouts ranging from showroom space to traditional office-retail configurations.

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,656.066
Annual Cash Flow
$-23,872.794

Location & Travel Times