4516 Lake Street, Bridgman, MI 49106
Small storefront suite currently operating as a cleaning service within a three-unit building.
- Added:
- Jun 10, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 20 at 4:20 am
Property Features for 4516 Lake Street
General Information
- Standard status
- Active
- Size
- 588 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing office Evergreen Real Estate
Listing date Jun 10, 2026
Source Crexi
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 Evergreen Real Estate
HighLights
- 588 SF small storefront suite currently operating as a cleaning service (“Maid with Perfection”).
- Unit is one of three total units in the building.
- Building year built: 1988.
- Separate MLS listing available for purchase of the entire three‑unit building.
Overview
The property is located at 4516 Lake Street in Bridgman, Michigan. As part of a multi-unit building, the suite benefits from being within an established retail property configuration, with access and usage aligned to the existing storefront setup.
For prospective owners or tenants, this unit may fit service-oriented retail users looking for a compact, street-oriented storefront presence. Since it is being sold as an individual suite within a three-unit building, it can also appeal to those who prefer to control acquisition at the unit level, while the option remains to review the separate MLS listing for purchase of the entire building that includes all three units.
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 | $9.1k | $15.48 |
| − Vacancy | −$382 | −$0.65 |
| EGI | $8.7k | $14.83 |
| − OpEx | −$2.6k | −$4.45 |
| NOI | $6.1k | $10.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgman
- County
- Berrien
- State
- Michigan
- Longitude
- -86.564114
- Latitude
- 41.942994
