Need advice on a commercial loan for retail space

[David Switzer]

Hey all!

I have been looking at many of the various loan aggregator websites for the last couple weeks, and have done the applications and such, but everyone seems to refer me to someone else and they all keep asking for the same information. 

I am looking to buy a retail location in eastern Michigan, and here's the basic situation:

Asking Price (to be negotiated):  $685,000
Sq Ft:  About 4400
Space:  Retail, within a mall
No Current Tenants, but it will not be hard to fill.  

My personal income:  $180,000/year
My liabilities (Personal Home mortgage, other bills, etc):  Around $5000/month
I currently own one commercial condo that's retail, so I have experience.

I am looking for a lender who will give me a loan to buy the space.  I'm flexible on down payment and terms.  I thought this would be easy, but the banks I am used to working with don't lend on commercial retail, apparently.


Thanks,

David