Anywhere Street SW, Wyoming, MI 49509
COMMERCIAL - Wyoming, MI
Property Features for Anywhere Street SW
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 1.55-acre lot in Wyoming, Michigan (49509). The listing also notes possible land contract terms depending on whether the lot can be split, as reviewed through the Wyoming Zoning Department, with the potential to split the property vertically or horizontally.
Built in 1964, this is a straightforward opportunity for an operator or buyer looking for a bar and pub location with liquor licensing included as part of the sale package.
Key Highlights
- 1.55‑acre lot in Wyoming, MI 49509
- 5,570 SF bar and pub building
- Class C liquor license and SDM liquor license included
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 | $86.2k | $15.48 |
| − Vacancy | −$3.6k | −$0.65 |
| EGI | $82.6k | $14.83 |
| − OpEx | −$20.7k | −$3.71 |
| NOI | $62.0k | $11.12 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 49509, MI
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- El Rodeo Mexican Sports Bar & Grille — 945 36th St SW, Wyoming, MI 49509
- KD's Sports Bar — 945 36th st, wyoming, mi 49509