62099 M-43, Bangor, MI 49013
COMMERCIAL - Bangor, MI
- Added:
- Jul 21, 2025
- Days on Market:
- 326
- Last Refresh:
- Jun 11 at 5:06 am
Property Features for 62099 M-43
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking
- 30
- Interior features
- Broadband
- Standard status
- Active
- APN
- 80-04-003-017-15
- Size
- 1,792 SF
- Lot size
- 3.64 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Long legal - on file
- Tax Annual Amount
- 590
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 2013
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent Chris Speer (269) 779-5031
Listing office eXp Realty LLC 39555 Orchard Hill Pl, Ste 600, Novi, MI (269) 600-4397
Listing date Jul 21, 2025
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Flexible zoning allows for commercial or residential use.
- High‑traffic M‑43 highway frontage provides excellent exposure.
- Includes a 1,800 sq ft pole barn designed for retail or small business, plus a large parking lot.
- Features 2 acres of producing blueberry bushes.
- Conveniently located minutes from downtown Bangor and close to South Haven and Lake Michigan.
- Built in 2013 with metal siding and roof.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $15.48 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $26.6k | $14.83 |
| − OpEx | −$8.0k | −$4.45 |
| NOI | $18.6k | $10.38 |
Alternative Uses
Current Use by Public Records
Map
- City
- Bangor
- County
- Van Buren
- State
- Michigan
- Longitude
- -86.149417
- Latitude
- 42.328025
