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    FOR SALE
    Outlet malls

    4445 Lake St, Bridgman, MI 49106

    1,368 SF 0.36 ac lot Built 1930
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US43-2921831
    Property summary
    AI-generated overview

    This exceptional 1,368 square foot industrial property, situated on a 0.36-acre lot in the heart of Bridgman, Michigan, presents a unique investment opportunity. Currently operating as a well-established dog wash and grooming business, the property offers significant potential for a variety of uses. The building boasts ample off-road parking, a significant advantage for any business requiring convenient customer or employee access. Recent upgrades include a roof, windows, and furnace, all less than two years old, minimizing immediate maintenance concerns and maximizing energy efficiency. The prime Bridgman location ensures high visibility and accessibility, making it an ideal spot for a thriving enterprise. The existing business provides a turnkey operation, or the space can be easily adapted to suit a wide range of commercial ventures. The possibilities are numerous, from expanding the existing business to establishing a completely new enterprise. This property offers a blend of established success and untapped potential, making it an attractive proposition for discerning investors and entrepreneurs alike. The property's strong infrastructure and desirable location combine to create a compelling investment opportunity with significant upside. Serious inquiries are encouraged to explore the full potential of this versatile commercial property.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1930
    Total area 1,368 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code NE
    APN 56-0018-0045-00-8
    UPID US43-2921831
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Paws To Wash Pet Grooming Service
    • Shaggy Chic Boutique Pet Grooming Service
    • Naomi Loraff Pet Grooming Pet Grooming Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Beth M Neil · 2 yrs held
    Beth M Neil
    since 2023
    Last sale
    $15,000
    2 recorded transactions
    2023
    $60,544
    2021
    $15,000
    Zoning & alternative use
    NE · Bridgman, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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