109 Mission Dr

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109 Mission Dr

Vicksburg, MI 49097
Asking Price
$395K
Asset Type
Retail
Class
Class B

What's Special

109 Mission Drive is situated in a high-visibility corridor in Vicksburg, Michigan, offering direct access from main thoroughfares. The property is located within a growing commercial district characterized by a mix of established local businesses and residential neighborhoods. Nearby amenities include various dining options, financial services, and grocery anchors that drive consistent consumer traffic. Its proximity to major regional roads ensures convenient transportation access for both local commuters and visitors from the surrounding Kalamazoo metropolitan area. The building is designed for high-volume retail operations, featuring an open floor plan and significant frontage. It is well-suited for a variety of use cases, including specialty boutiques, hardware stores, or convenience-oriented services. Typical tenant profiles for this location include regional franchises, local retailers seeking expanded footprints, and service providers requiring prominent street exposure. The surrounding demographics support businesses focused on household goods, pharmacy services, or neighborhood-focused commercial ventures.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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