253 Park Street

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253 Park Street

Benton Harbor, MI 49022
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is available for purchase in Benton Harbor, Michigan.
  • The retail asset provides 6,200 square feet of total space.
  • This storefront is situated in the 49022 zip code area.
  • The location is positioned near regional transit and local traffic.
  • This commercial space suits retail, showroom, or other business uses.

What's Special

This retail storefront located at 253 Park Street in Benton Harbor, Michigan, is currently available for sale. Encompassing 6,200 square feet, the property serves as a functional asset for investors or business owners seeking a footprint in this growing lakeside market. Benton Harbor benefits from its proximity to Lake Michigan, which drives seasonal tourism and supports a diverse range of local commerce. Its position within the community allows for convenient access to major regional transit routes. Given the configuration, the site accommodates various commercial applications, including traditional retail, boutique showroom space, or creative commercial use. The interior footprint provides sufficient flexibility to adapt to specific operational requirements or rebranding efforts. Investors looking to acquire a stable asset in a recognized Michigan submarket may find this offering aligns with their portfolio strategies.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times