208 S Cochran Avenue, Charlotte, MI 48813
COMMERCIAL - Charlotte, MI
- Added:
- Jun 11, 2025
- Days on Market:
- 387
- Last Refresh:
- Jul 2 at 8:06 am
Property Features for 208 S Cochran Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, On Street
- Basement
- Full
- Appliances
- Bar Fridge, Dishwasher, Ice Maker, Oven, Range, Range Hood, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 200-000-031-030-00
- Size
- 1,848 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- E 124 FEET OF S 22 FEET OF LOT 3. BLOCK 31 O. P. CITY OF CHARLOTTE D.D.A.
- Tax Annual Amount
- 2271
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Max A Billinghurst License #6501416838 (269) 339-1431
Listing office Keller Williams Realty Lansing 3490 Belle Chase Way, Lansing, MI (517) 853-1200
Listing date Jun 11, 2025
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey restaurant/bar with indoor and patio seating
- Brick building with original ceilings and exposed brick
- Full‑service bar included
- Property includes all FF&E and a class C liquor license with purchase price
- Central air cooling and natural gas forced‑air heating
- Appliances include range, oven, dishwasher, ice maker, refrigerator, and bar fridge
Overview
The property is located at 208 S Cochran Avenue in downtown Charlotte, Michigan, in Eaton County. The building sits on a small parcel sized at 0.06 acres. Purchase includes all FF&E and a class C liquor license, simplifying the transition for a qualified operator or investor.
For tenants or buyers seeking a ready-to-operate hospitality space, this combination of a full-service bar, indoor and outdoor seating, and included FF&E can help reduce start-up friction. The historic character elements like original ceilings and exposed brick also support a warm, destination-style guest experience while maintaining a practical bar-and-dining configuration.
Local 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 | $33.3k | $18.00 |
| − Vacancy | −$6.0k | −$3.22 |
| EGI | $27.3k | $14.78 |
| − OpEx | −$6.8k | −$3.69 |
| NOI | $20.5k | $11.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Eaton
- State
- Michigan
- Longitude
- -84.836313
- Latitude
- 42.562054
