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High Visibility Commercial Space

9729 Red Arrow Highway Bridgman, MI 49106

Claim this Listing
For Sale
Under Contract
$259,000

COMMERCIAL - Bridgman, MI

Type:Retail
Property size:
1,869 SF
Price / SF:
$138.58/SF
Added:
Sep 10, 2025
Days on Market:
308
Last Refresh:
Jul 14 at 3:06 am

Property Features for 9729 Red Arrow Highway

General Information

Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Rooms
Bathroom 1
Interior features
Broadband
Standard status
Active Under Contract
Size
1,869 SF

Taxes and HOA fees

Tax Year
2024

Utilities

Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Water front features
Lake
Water front
1

Building Details

Year built
2019
Number of units
1
Building materials
Block
Roof type
Rubber

Listing agent Kerry M Wright License #6506043362

Listing office Wright Properties 260 Cavelier Ave, Benton Harbor, MI

Listing date Sep 10, 2025

MLS# 25046354

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.


Investment Insights

Based on property information with market context.

This commercial space is located at the corner of Red Arrow Highway and Lake St in Bridgman, Michigan, offering high visibility. Situated in the heart of Bridgman, Michigan, the property, known as THE MONOGRAM, is within walking distance of Lake Michigan/Weko Beach, unique shops, eateries, microbreweries, wineries, and more. The unit has 1869 square feet of space. The unit can be connected to the adjacent unit with minimal work, adding another 1500 square feet.

Key Highlights

  • High visibility corner location on Red Arrow Highway and Lake St.
  • Located in the heart of Bridgman, Michigan.
  • Walking distance to Lake Michigan/Weko Beach.

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 $28.9k $15.48
− Vacancy −$1.2k −$0.65
EGI $27.7k $14.83
− OpEx −$8.3k −$4.45
NOI $19.4k $10.38
1,869 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$277.2K
$242.5K – $323.4K (±1% cap)
NOI $19,402 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.3K
$344.1K – $458.8K (±1% cap)
NOI $27,530 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Monogram Inn & Suites Hotel & Motel

Suggested Use

Real Estate Agency Hair Salon Building Supply Law Firm Pharmacy HVAC Service Nail Salon Electrical Service Big Box & Wholesale Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Commercial space in the heart of Bridgman, Michigan.
Where is this retail space located?
The property is located at 9729 Red Arrow Highway Bridgman, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: High visibility corner location on Red Arrow Highway and Lake St.; Located in the heart of Bridgman, Michigan.; Walking distance to Lake Michigan/Weko Beach.
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