62099 M-43, Bangor, MI 49013
COMMERCIAL - Bangor, MI
- Added:
- Jul 21, 2025
- Days on Market:
- 329
- Last Refresh:
- Jun 14 at 6:06 pm
Property Features for 62099 M-43
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking
- 30
- Interior features
- Broadband
- Standard status
- Active
- APN
- 80-04-003-017-15
- Size
- 1,792 SF
- Lot size
- 3.64 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Long legal - on file
- Tax Annual Amount
- 590
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 2013
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Metal
Listing agent Chris Speer (269) 779-5031
Listing office eXp Realty LLC 39555 Orchard Hill Pl, Ste 600, Novi, MI (269) 600-4397
Listing date Jul 21, 2025
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HighLights
- Flexible zoning allows for commercial or residential use.
- High‑traffic M‑43 highway frontage provides excellent exposure.
- Includes a 1,800 sq ft pole barn designed for retail or small business, plus a large parking lot.
- Features 2 acres of producing blueberry bushes.
- Conveniently located minutes from downtown Bangor and close to South Haven and Lake Michigan.
- Built in 2013 with metal siding and roof.
Overview
The property is located at 62099 M-43 in Bangor, with exposure on the M-43 corridor. The listing notes flexible zoning for commercial or residential use. Parking and outdoor acreage provide room for a range of setups, from business parking to agricultural or hobby-focused uses.
For buyers looking for a versatile layout, the pole barn and parking lot can support a variety of small commercial concepts, while the producing blueberry acreage offers an additional, operationally relevant component to the site. The flexible zoning language also makes the property worth considering for those evaluating a commercial buildout or a residential opportunity that incorporates an outbuilding and established plantings. The seller also indicates this is a redundant listing to MLS #25036086.
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 | $27.7k | $15.48 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $26.6k | $14.83 |
| − OpEx | −$8.0k | −$4.45 |
| NOI | $18.6k | $10.38 |
Alternative Uses
Current Use by Public Records
Map
- City
- Bangor
- County
- Van Buren
- State
- Michigan
- Longitude
- -86.149417
- Latitude
- 42.328025
