Coffee Shop Zoned Residential and
For Sale
$725,000
14913 Lakeside Road, Lakeside, MI 49116
Residential and commercial zoning supports flexible retail concepts near Pier Street Beach.
Property Size3,038 SF
Days on Market24
Property Features for 14913 Lakeside Road
General Information
Standard status
Active
Size
3,038 SF
Property subtype
Commercial
Building Details
Building Size
3,038 SF
Year Built
1930
Listing Agency:
Berkshire Hathaway HomeServices Chicago
(630) 408-6469
Listed By:
Sigrid T Nutt · License #6501358592
(630) 408-6469
Source:
Phgrealty
Added: Jul 13
Changed: Jul 29
Last Checked: Aug 4 at 1:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Chicago
Investment Insights
Based on property information with market context.
This coffee shop property offers a versatile site for food and beverage, retail, wellness, or gallery-style concepts, with zoning designated for both residential and commercial use. Built in 1930, the property provides an established foundation for adapting the space to a tenant’s brand and operating needs.
Located at 14913 Lakeside Road in Chikaming Township, MI, the property is described as within walking distance to Pier Street Beach. That proximity can support uses that benefit from foot traffic and destination appeal.
Zoning compatibility is a key consideration for prospective tenants or buyers looking to operate in a mixed-use regulatory environment while tailoring the interior to their specific concept.
Located at 14913 Lakeside Road in Chikaming Township, MI, the property is described as within walking distance to Pier Street Beach. That proximity can support uses that benefit from foot traffic and destination appeal.
Zoning compatibility is a key consideration for prospective tenants or buyers looking to operate in a mixed-use regulatory environment while tailoring the interior to their specific concept.
Key Highlights
- Zoned residential and commercial
- Built in 1930
- Walking distance to Pier Street Beach
Financial Insights For Specialty 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 | $47.0k | $15.48 |
| − Vacancy | −$2.0k | −$0.65 |
| EGI | $45.1k | $14.83 |
| − OpEx | −$11.3k | −$3.71 |
| NOI | $33.8k | $11.12 |
3,038 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$482.7K
$422.4K – $563.2K
NOI $33,790 @ 7.0% cap · market cap 4.66%
Second Best
Retail
$450.5K
$394.2K – $525.6K
NOI $31,537 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$639.3K
$559.4K – $745.8K
NOI $44,749 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49116, MI
278
Population
455
Households
0.6
Avg Household Size
66
Median Age
22%
College-Educated
100%
High-School Grad
1.5 sq mi
ZIP Area
185
Density / Sq Mi
$123,289
Median Household Income
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - Residential and commercial zoning supports flexible retail concepts near Pier Street Beach.
Where is this coffee shop located?
The property is located at 14913 Lakeside Road Lakeside, MI.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Zoned residential and commercial; Built in 1930; Walking distance to Pier Street Beach
