107 S Main Street, Almont Village, MI, 48003

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107 S Main Street, Almont Village, MI, 48003

Almont, MI 48003
Asking Price
$998K
Asset Type
Retail
Class
Class B

What's Special

Located at 107 S Main Street, this retail property is situated in the central business district of Almont Village. The neighborhood is characterized by a mix of historic architecture and local commerce, serving as a focal point for the surrounding residential community. Nearby amenities include municipal offices, local eateries, and professional services. The asset offers direct frontage on M-53, a primary north-south artery that provides regional connectivity to neighboring communities and nearby highway systems. The property is suited for general retail operations, boutique shops, or consumer service providers seeking high visibility in a walkable downtown setting. Typical tenants include local entrepreneurs, specialty retailers, or service-oriented businesses that benefit from consistent foot traffic and the area's established commercial identity. The layout supports versatile configurations to accommodate diverse business requirements.

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NOI
$80,000
Cap Rate
8.02%
DSCR
1.35
Strong
Cash-on-Cash
6.94%
Monthly Payment
$4,936.57
Annual Cash Flow
$20,761.16

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