4524 Lake Street, Bridgman, MI 49106
Standalone 1,737-square-foot retail storefront suite in a two-unit building, suited for apparel and similar uses.
- Added:
- Jun 10, 2026
- Days on Market:
- 27
- Last Refresh:
- Jun 20 at 7:34 am
Property Features for 4524 Lake Street
General Information
- Standard status
- Active
- Size
- 1,737 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
- 1,737 sq ft standalone retail storefront suite in a two‑unit building
- Currently used as a clotheshorse consignment clothing unit
- Year built: 1988
- Suite is one of two units in the building
Overview
The property is located at 4524 Lake Street in Bridgman, Michigan. As a storefront unit within a two-unit building, it is designed for direct customer access and everyday retail use, with the surrounding context supported by the provided address information.
For tenants, buyers, and operators, the layout is aligned with apparel-related retail given the unit’s current use, though it can also support other neighborhood retail concepts depending on business needs. Since this is the sale of the individual unit within a two-unit structure, it may appeal to an owner-operator or investor seeking a defined retail space rather than acquiring the entire building. For context on the full property, the seller notes a separate listing covers the purchase of the entire building, including both 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 | $26.9k | $15.48 |
| − Vacancy | −$1.1k | −$0.65 |
| EGI | $25.8k | $14.83 |
| − OpEx | −$7.7k | −$4.45 |
| NOI | $18.0k | $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
