Corner Retail
9729 Red Arrow Highway #B Bridgman, MI 49106
9729 Red Arrow Highway #B, Bridgman, MI, 49106
$259,000
For Sale
$259,000
Retail storefront on a corner location with potential to connect to an adjacent unit.
Property Size1,869 SF
Price / SF$138.58
Days on Market317
Property Features for 9729 Red Arrow Highway #B
General Information
- Standard status
- Active
- Size
- 1,869 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2019
Listing agency
Wright Properties
(269) 369-4640
Listed by
Kerry M Wright · License #6506043362
(269) 369-4640
Source
Sabudarealty
Added: Sep 10, 2025 Updated: Jul 22 at 7:30AM Checked: Jul 22 at 7:30AM
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 Wright Properties
Investment Insights
Based on property information with market context.
This storefront retail space is located in THE MONOGRAM and presents a corner configuration designed for visibility along Red Arrow Highway. The offering is identified as unit #B at 9729 Red Arrow Highway in Bridgman, Michigan.
Public remarks note that the property sits on the corner of Red Arrow Highway and Lake St, providing high visibility. The Monogram is described as being in the heart of Bridgman and within walking distance to Lake Michigan/Weko Beach, as well as other shops, eateries, microbreweries, and wineries.
A further consideration noted in the remarks is the ability to connect this unit to the space next door with minimal work, which would add an additional 1,500 square feet.
Public remarks note that the property sits on the corner of Red Arrow Highway and Lake St, providing high visibility. The Monogram is described as being in the heart of Bridgman and within walking distance to Lake Michigan/Weko Beach, as well as other shops, eateries, microbreweries, and wineries.
A further consideration noted in the remarks is the ability to connect this unit to the space next door with minimal work, which would add an additional 1,500 square feet.
Key Highlights
- Retail storefront on a corner at Red Arrow Highway and Lake St in Bridgman, MI
- Year built: 2019
- Walking distance to Lake Michigan / Weko Beach
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 | $28.9k | $15.48 |
| − Vacancy | −$1.2k | −$0.65 |
| EGI | $27.7k | $14.83 |
| − OpEx | −$8.3k | −$4.45 |
| NOI | $19.4k | $10.38 |
1,869 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$277.2K
$242.5K – $323.4K
NOI $19,402 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.3K
$344.1K – $458.8K
NOI $27,530 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Monogram Inn & Suites
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Small Town Wedding And Floral — 4158 lake st, bridgman, mi 49106
FAQs
What type of property is this?
Storefront property - Retail storefront on a corner location with potential to connect to an adjacent unit.
Where is this storefront property located?
The property is located at 9729 Red Arrow Highway #B Bridgman, MI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Retail storefront on a corner at Red Arrow Highway and Lake St in Bridgman, MI; Year built: 2019; Walking distance to Lake Michigan / Weko Beach
