254 Colfax Avenue

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254 Colfax Avenue

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).

  • Retail storefront spanning 2,560 square feet of interior space
  • Located on Colfax Avenue in Benton Harbor Michigan
  • Flexible layout suitable for diverse retail or office uses
  • Positioned within a central commercial district in the city
  • Asset provides direct street access for customer traffic

What's Special

Retail storefront operations benefit from the visibility provided by this 2,560 square foot property situated at 254 Colfax Avenue in Benton Harbor, Michigan. The asset is well-positioned for businesses seeking a street-level presence within the local commercial landscape. This flexible space accommodates a variety of retail models, ranging from boutique shops to service-oriented offices, allowing owners to adapt the interior to specific operational requirements. Benton Harbor serves as a key commercial hub in Southwest Michigan, benefiting from its proximity to major regional transportation routes and a consistent flow of traffic along the Lake Michigan shoreline. Investors and business owners alike will find this storefront a practical addition to their portfolios in a market characterized by steady economic activity and community-focused commerce. The building provides a functional footprint for entities looking to establish a permanent physical base in a prominent municipal corridor.

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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

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