13434 M 40 Gobles, MI 49055
Versatile property featuring salon, apartment, and pole barn.
- Added:
- May 21, 2026
- Days on Market:
- 54
- Last Refresh:
- May 27 at 8:20 am
Property Features for 13434 M 40
General Information
- Standard status
- Active
- Size
- 1,630 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1975
Listing office Berkshire Hathaway HomeServices Michigan Real Estate Portage
Listing date May 21, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Multiple income streams from salon chair rentals, apartment rental, and potential pole barn rental.
- Versatile pole barn with bay doors, office space, bathroom, heat, A/C, and separate well/septic, suitable for commercial/industrial use.
- Fully operational 5‑chair salon, providing immediate income potential.
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 | $25.2k | $15.48 |
| − Vacancy | −$1.1k | −$0.65 |
| EGI | $24.2k | $14.83 |
| − OpEx | −$7.3k | −$4.45 |
| NOI | $16.9k | $10.38 |